Foxconn breaks ground on $500 million factory in India

Second Phase of Rs 3.06 Billion Chellanam Seawall Project Approved

The second phase of the tetrapod seawall project at Chellanam, costing Rs 3.06 billion, has been approved at a ministerial-level meeting held in Thiruvananthapuram. This phase will cover the remaining 3.6-kilometre stretch of the seawall as originally planned.The project will be financed by the Kerala Infrastructure Investment Fund Board (KIIFB). Industries Minister P Rajeeve stated that the revised administrative sanction for the project will be issued within the week.Approval for this phase was granted with special focus on protecting vulnerable stretches of the Chellanam coastline where the..

Goa Nears Completion of 250 Affordable Houses Under PMAY Scheme

The Goa government has completed the construction of 250 houses out of a target of 254 for eligible beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), an official announced on Thursday.The affordable housing project has been implemented at a total cost of Rs 340 million, said P K Shirodkar, nodal officer in charge of the scheme and director of the District Rural Development Agency. He noted that the remaining four houses are expected to be finished within the next two to three months.The scheme, a flagship initiative of the Central Government led by Prime Minister Narendra Modi, aims t..

Godrej Industries Plans Rs 7.5 bn Expansion to Boost Chemical Capacity

In a strategic move to achieve its ambition of becoming a $1 billion global player by 2030, Godrej Industries’ chemical business has announced a major capacity expansion across its manufacturing portfolio. The company plans a total capital investment exceeding Rs 750 crore over the coming years to support these expansions, with several projects already underway.The expansion includes doubling capacities of key products such as Fatty Alcohol and Euric Acid, adding 35,000 and 20,000 tons per annum respectively. Specialities capacity is set to triple with an addition of 21,000 tons per annum, w..