Jindal Stainless Plans Rs 400 Billion Investment in Maharashtra

14 May 2025 CW Team

Jindal Stainless is planning to invest Rs 400 billion in Maharashtra and is currently in discussions with the state government for acquiring a suitable land parcel. The company has confirmed its strong interest in proceeding with the project, marking a significant commitment to industrial development in the region.

The proposed investment is expected to support the expansion of Jindal Stainless’ manufacturing and operational capabilities. Maharashtra, with its strategic location and supportive industrial policies, remains a key destination for large-scale infrastructure and manufacturing projects.

The company’s investment plan aligns with broader national objectives to boost domestic manufacturing and strengthen regional economies. The move also supports employment generation and local economic activity, especially in the context of increasing demand for stainless steel across various sectors.

As part of its long-term strategy, Jindal Stainless aims to leverage the state’s resources and connectivity to scale its operations efficiently. The upcoming land acquisition is a critical step in the project’s execution timeline, signalling the start of a major phase of industrial expansion.

Source: NDTV Profit

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..