These are some of the top projects in this category covered in New Projects Tracker portal in 2023.
Project Promoter : Everest Industries Ltd
Products & Capacity : Boards and Panels
Project Location : KIADB Industrial Area, Chamarajanagar, Karnataka
Proposed Investment : 1870 ( Rs. Million )
Executive Summary : Everest Industries Ltd, a prominent manufacturer of boards and panels, is gearing up for a significant expansion with the establishment of a new plant in Karnataka. This strategic project aims to increase capacity from 210,000 MTPA to 301,000 MTPA and is estimated to cost Rs. 1870 million. The company's board of directors has approved the project, and efforts are underway to secure the necessary approvals. With a targeted completion date of June 2024, this expansion positions Everest Industries Ltd for enhanced production capabilities and market presence in the boards and panels industry.
Project Promoter : Tata Consumer Products Ltd
Products & Capacity : Boilers 17 TPH
Project Location : Devikulam, Munnar, Idukki, Kerala
Proposed Investment : 180 ( Rs. Million )
Executive Summary : Tata Consumer Products Ltd is set to enhance manufacturing efficiency and environmental sustainability with a new boiler installation project in Munnar, Idukki, Kerala. The initiative, estimated at Rs. 180 million, involves installing a 17 TPH boiler to replace two older 10 TPH boilers. The project aims to improve efficiency while reducing emissions. As of March 2023, the company has secured the necessary consent from state pollution control authorities
Project Promoter : Mahindra & Mahindra Ltd
Products & Capacity : Tractor (500 Nos/day), Engine (500 Nos/day), Front Axle (500 Nos/day)
Project Location : Mahindra Nagar, Zahirabad, Sangareddy , Telangana
Proposed Investment : 1057.7 ( Rs. Million )
Executive Summary : Mahindra & Mahindra Ltd is set to expand its tractor manufacturing capabilities with a new unit in Mahindra Nagar, Zahirabad, Sangareddy, Telangana. The project entails an increase in daily production capacity for tractors, engines, front axles, variable touch units, transmissions, TMCH, and cabins. With an estimated cost of Rs. 1057.7 million, the company has secured consent from state pollution control authorities as of June 2023
Project Promoter : SMS India Pvt Ltd
Products & Capacity : Steel Equipment (4000 MTPA)
Project Location : Khurda, Odisha
Proposed Investment : 1600 ( Rs. Million )
Executive Summary : SMS India Pvt Ltd is poised for growth with the planned expansion of its steel plant equipment manufacturing unit in Khurda, Odisha. The project envisions establishing a facility capable of producing 4000 MTPA. With an estimated cost of Rs. 1600 million, the initiative has received approval from the State Level Single Window Clearance Authority (SLSWCA) of Odisha as of June 2023.