Tag: Capital Expenditure
MANUFACTURING Standard Engineering To Buy 19.19% Stake In Japan’s GL Hakko For ₹70 Cr

Standard Engineering Technology Ltd. (SETL) will acquire a 19.19% stake in Japan-based GL Hakko Co. Ltd. for ₹70 crore through internal accruals, strengthening its presence in the global glass-lined process equipment market. The company also has the option to raise its stake by another 31.88% over the next three years by investing ₹116.70 crore at […]

CW Bureau · Jul 7, 2026
MANUFACTURING Shanthi Gears Positions Itself For Manufacturing-Led Growth

Shanthi Gears Ltd. (SGL), a subsidiary of Tube Investments of India Ltd., is well positioned to benefit from India’s manufacturing transformation, driven by infrastructure investments, energy transition, industrial automation and global supply chain diversification. In his letter to shareholders, Chairman M.A.M. Arunachalam said the structural changes in the economy were creating new opportunities for engineering […]

CW Bureau · Jul 6, 2026
RETAIL/FMCG It’s Officer’s Choice: ABDL Journey From A Single Brand To Many Brands

Allied Blenders Charts Growth Through Premiumisation and Backward Integration How did a single-brand organisation Allied Blenders & Distillers Ltd. (ABDL) turn into a diversified spirits company with multiple categories and price points? It is through continued focus on relevance, innovation and sustainable value creation, said its Chairman Kishore R. Chhabria in the company’s latest annual […]

CW Bureau · Jun 13, 2026
GENERAL Sunil Mittal Calls For Bigger India Bets After Receiving CII Lifetime Award

Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been conferred with the CII President’s Award for Lifetime Achievement in recognition of his contribution to India’s economic growth, entrepreneurship and nation-building. Accepting the honour, Mittal said the recognition held special significance due to his long association with the Confederation of Indian Industry (CII), where […]

CW Bureau · May 11, 2026
MANUFACTURING ELGI Equipments Revises Timelines For Global Support Centre Expansion

Coimbatore-based ELGI Equipments Ltd has announced revised timelines for its planned capacity expansion of air compressors and Global Support Centre (GSC) at Kinathukadavu. The update comes as part of the company’s ongoing execution of its previously approved expansion programme. Revised completion schedule According to the regulatory filing, the expansion of the Global Support Centre, along […]

CW Bureau · Mar 31, 2026
GENERAL India’s Data Centre Boom: Capacity Set To Quadruple To 4 GW By 2030

India’s data centre capacity is projected to grow fourfold to 4 GW by 2030, driven by rapid digitisation, cost competitiveness, and the rising adoption of Artificial Intelligence (AI). Currently, India accounts for around 4% of the global data centre market, with a capacity of 1.2 GW in 2025, which is expected to expand significantly over […]

CW Bureau · Mar 27, 2026
MANUFACTURING Jindal Stainless Commences 1.2 MTPA Indonesian SMS facility

Leading stainless-steel manufacturer Jindal Stainless Ltd has commissioned a 1.2 million tonnes per annum (MTPA) stainless steel melt shop (SMS) in Indonesia, developed through its joint venture, ahead of schedule. This development comes less than two years after the company announced a 40% expansion in its melting capacity. With this, the company’s total melting capacity […]

CW Bureau · Mar 24, 2026
MANUFACTURING Godawari Power To Invest ₹7,000-Cr In Chhatisgarh Steel Plant Expansion

The board of Godawari Power & Ispat Ltd (GPIL) has approved a proposal to expand production capacity at its integrated steel plant in Raipur district by one million tonnes per annum (MTPA), entailing an investment of ₹7,000 crore. Post expansion, the company’s total installed capacity is set to increase to 1.5 MTPA, enabling it to […]

CW Bureau · Mar 24, 2026