CapitaLand invests Rs.30 million in Chennai's industrial expansion.

08 Feb 2024 CW Team

CapitaLand India has unveiled a significant stride in fostering industrial development by committing a substantial ?30 million investment. The infusion will fund the establishment of three state-of-the-art industrial facilities at OneHub Chennai. This strategic move aims to bolster the region's economic landscape, enhance job opportunities, and position Chennai as a hub for cutting-edge industrial activities.

The three industrial facilities are poised to stimulate growth across various sectors, including manufacturing and logistics. The investment aligns with CapitaLand's commitment to contributing to India's economic progress. As industries evolve and expand, this initiative is anticipated to create a positive ripple effect on the local economy, fostering innovation and attracting further investments.

This substantial financial commitment demonstrates CapitaLand's confidence in the growth potential of Chennai's industrial sector. The strategic location of OneHub Chennai adds to the allure, offering a conducive environment for businesses to thrive. The investment is set to pave the way for increased industrial output, job creation, and overall economic prosperity in the region.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..