These are some of the top projects in this category covered in New Projects Tracker portal in March 2024


Project Promoter : Colliers India

Products & Capacity : Textile Products

Project Location : IDCO Industrial Estate, Bhubaneswar, Odisha

Proposed Investment : 2200 (Rs. Millions)

Executive Summary : Colliers India is planning to establish a textile products manufacturing unit in the IDCO Industrial Estate, Bhubaneswar, Odisha, marking its debut in manufacturing. EPIC Designers, a sustainable fashion company based in Hong Kong, has acquired 40 acres of land adjacent to the estate, with the project estimated to cost Rs. 2200 million. The first phase covering 338,000 sq. ft. is targeted for completion by May 2025, with potential expansion up to 381,236 sq. ft. 


Project Promoter : Rakshit Pharmaceuticals Ltd

Products & Capacity : Pharma Products (68,500 Kg/ month)

Project Location : JN Pharmacity, Parawada, Anakapalli, Andhra Pradesh

Proposed Investment : 925.768(Rs. Millions)

Executive Summary : Rakshit Pharmaceuticals plans to expand its pharma products production in JN Pharmacity, Parawada, Anakapalli, Andhra Pradesh. Initially targeting an increase from 78,000 to 89,100 Kg/Month, the project now involves a total capacity of 68,500 Kg/Month for various products, including pantoprazole sodium, sildenafil citrate, amlodipine besylate, and others. With an investment of Rs. 925.768 million, the project highlights the company's commitment to meeting pharmaceutical demands. 


Project Promoter : Oasis Greenfuel Pvt Ltd

Products & Capacity : Grain Based Distillery (180 KLD)

Project Location : Multiple Village, Bundi, Rajasthan

Proposed Investment : 2060(Rs. Millions)

Project Completion : Oct 2027

Executive Summary : Oasis Greenfuel is embarking on a new venture to establish a grain-based distillery manufacturing project in Villages Thikria Kalan, Jalodi, and Thikria Kalan, Talera, Bundi, Rajasthan. This project entails the manufacturing of a grain-based distillery plant with a capacity of 180 KLPD. The estimated cost of this project is Rs. 2,060 million. Construction activities are scheduled to commence in July 2024, with a targeted completion date set for October 2027


Project Promoter : Texcon Steels Ltd

Products & Capacity : Sponge Iron (from 1,28,000 TPA TO 6,08,000 TPA), Steel Melting Shop (from 2,00,000 TPA TO 4,16,000 TPA)

Project Location : Villages Wadloor and Chikkasugur, Raichur Hobli, Raichur Growth Centre Raichur Karnataka

Proposed Investment : 6640(Rs. Millions)

Project Completion : Dec 2025

Executive Summary : Texcon Steels is poised to establish a new integrated steel plant in Villages Wadloor and Chikkasugur, Raichur Hobli, Raichur Growth Centre, Raichur, Karnataka. As of March 2024, the project involves expanding the integrated steel plant's capacity, including sponge iron (DRI) from 1,28,000 TPA TO 6,08,000 TPA with an investment of Rs.6640 Million. Construction is scheduled from January 2025 to December 2025. The project is currently under examination by the Ministry of Environment, Forest and Climate Change of India for environmental clearance.


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Monthly Projects Tracker – March 2024'

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