

Capacit'e targets Middle East expansion after Maldives entry
Mumbai-based engineering, procurement, and construction firm Capacit’e Infraprojects is expanding into international markets, with its first project currently underway in the Maldives through a joint venture with a local partner. The company, which holds an order book worth Rs 120 billion from the Indian market, is also considering similar partnerships and projects in West Asia, Subir Malhotra, whole-time director, mentioned during an interaction.Malhotra explained that the company is open to seeking partners and good projects in West Asia. He emphasized that their initial approach involves ..

Ceigall India Approves Merger of Subsidiary with C&C Construc
Ceigall India, a notable entity in the Indian infrastructure sector, has released its consolidated financial results for the fourth quarter of the fiscal year 2023 (Q4 FY23), reflecting a mixed performance. While the company recorded a rise in revenue, it faced a decline in net profit and EBITDA, pointing to operational challenges.Revenue GrowthThe company reported a revenue of Rs 10.00 billion for Q4 FY23, an increase from ₹9.40 billion in the same period the previous year. This reflects a year-on-year growth of 6.38%, underlining Ceigall India's ability to expand its top line despite a cha..

DPIIT Grants PLI Upgrade to Calcom; Rs 250 Mn Invested in LED Expansion
Calcom Vision, one of India’s foremost Original Design Manufacturers (ODM) and Electronics Manufacturing Services (EMS) providers, has been elevated to the Large Investment category under the Government of India’s prestigious Production Linked Incentive (PLI) Scheme for White Goods — a leap that reaffirms Calcom’s commitment to powering India’s self-reliance in LED component manufacturing.Under this upgraded approval by the Department for Promotion of Industry and Internal Trade (DPIIT), Calcom has increased its investment commitment from Rs 100 million to Rs 250 million — and has ..