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Brigade Group to develop Industrial park in Bengaluru

Real estate developer Brigade Group has plans to develop a new industrial park in Bengaluru. Spread over 25 acres, the project would offer around 2 million square feet of leasable space and would cater to the high-growth industrial sectors.

It is located in Devanahalli, North Bengaluru, and aims to cater to industries such as aerospace, defence, IT, and cutting-edge data centres.

Also Read: Brigade Group launches new residential project in Chennai

Kathua to get new pharmaceutical manufacturing facility, investment worth Rs 600 crores to flow in

Pharmaceutical firm, Orchid Pharma, is setting up a new pharmaceutical manufacturing facility in the Kathua district of Jammu and Kashmir. Union Minister Jitendra Singh laid the foundation stone for the project, which will take an investment of Rs 600 crores.

This new facility will manufacture the critical antibiotic intermediate Amino Cephalosporanic Acid (ACA). According to The Economic Times, the project will be set up in Gadadhar village, with support from the Biotechnology Industry Research Assistance Council (BIRAC) under the Department of Biotechnology.

Also Read: Blue Jet Healthcare to develop greenfield manufacturing facility in Anakapalli

Aurum PropTech Limited sells commercial buildings in Navi Mumbai

Navi Mumbai-based real estate firm Aurum PropTech Limited has approved the sales of its two commercial buildings at Millennium Business Park in Navi Mumbai. The sale is done for Rs 112 crores.

As per the firm, the amount will be used in restructuring its asset portfolio and redirecting capital towards artificial intelligence-driven property technology platforms.

Also Read: UBS Group acquires commercial tower in Pune

Casagrand launches new residential project in Coimbatore

Real estate developer Casagrand Premier Builder Limited (CSPL) has announced the launch of a new residential project in Coimbatore. The firm launched the project named Casagrand Ascentia, which is a B+G+5-floor community with 238 homes—2- and 3-BHK configurations.

Spread over 4 acres, the project houses units ranging in size from 1,148 sq ft to 2,010 sq ft, priced from Rs 65 lakhs. It is located in proximity to KCT Tech Park and has access to schools, colleges, hospitals, and shopping centres.

Also Read: Casagrand launches new real estate project in Tiruppur

HFCL bags an order worth Rs 10,159 crores

Telecommunications equipment manufacturer HFCL Ltd has bagged an order worth Rs 10,159 crore from a global multinational corporation. As per the firm, the order is for the supply of optical fibre cable.

HFCL has signed a 5-year supply agreement with a customer for the supply of high-quality, high-fibre-count optical fiber cables starting in 2026.

Also Read: HFCL Ltd bags order worth over Rs 2, 501 crore

GMR Airports emerges selected bidder for Cargo Terminal 1 at IGI airport

Delhi International Airport Ltd (DIAL) has declared that GMR Group firm, GMR Airports Ltd (GAL), has emerged as the selected bidder to upgrade, modernise, and operate Cargo Terminal 1 at Indira Gandhi International (IGI) Airport in New Delhi.

The project will operate on a revenue-share model, with payments made to DIAL for an initial period extending up to 2036.

Also Read: GMR plans to set Aerocity around major airports

HMEL to invest Rs 62,600 crores in Punjab

Petrochemical firm HPCL-Mittal Energy Limited (HMEL) has plans to invest Rs 62,600 crores in the state of Punjab. The firm plans to launch 500 new retail fuel outlets nationwide, along with a Rs 60,000 crore investment in its Bathinda refinery.

Rs 2,600 crores will be invested in the specialty and fine chemicals sector in the state.

Also Read: BCL Industries comissions ethanol plant at Bhatinda

Ambuja Neotia to invest Rs 700 crores in Guwahati

Real estate development firm Ambuja Neotia Group has plans to invest Rs 700 crores in the northeastern capital city of Guwahati. The plan is to develop a large integrated healthcare and hospitality project in Guwahati.

Spread over 2.88 acres of mixed-use land, the project will be located at Fancy Bazar, Old Jail Road, Guwahati.

Also Read: Investment worth Rs 15,000 crore planned by Ambuja Neotia in West Bengal

Assotech joins hands with Atmosphere Core for Rs 200 crores project in Shirdi

Real estate firm Assotech Realty has joined hands with an international hospitality firm, Atmosphere Core. Under the partnership, Assotech Realty will invest Rs 200 crore in developing the project that will feature 160 suites measuring 45 square metres each in Shirdi.

Atmosphere Core will operate and manage Assotech’s upcoming all-suite property in Shirdi.

Also Read: Radisson Hotel launches new hotel in Puri, Shirdi, and Indore

Orders worth Rs 1, 476 crores bagged by KEC International

RPG Group firm, KEC International, has bagged new orders worth Rs 1,476 crores across multiple regions, including India, the Middle East, Africa, and the Americas. The order is bagged by the transmission and distribution (T&D) division of the firm.

An order for 380 kV transmission lines, substations, and extra-high-voltage (EHV) cabling is bagged from Saudi Arabia. Another order for 132 kV transmission lines is received from Africa. Further orders for the supply of towers in India and the Americas, as well as hardware and poles in the Americas, have been received by the firm.

Also Read: Orders worth over Rs 1,000 crores bagged by KEC International

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Building

Brigade Group to develop Industrial park in Bengaluru

Real estate developer Brigade Group has plans to develop a new industrial park in Bengaluru. Spread over 25 acres, the project would offer around 2 million square feet of leasable space and would cater to the high-growth industrial sectors.

It is located in Devanahalli, North Bengaluru, and aims to cater to industries such as aerospace, defence, IT, and cutting-edge data centres.

Also Read: Brigade Group launches new residential project in Chennai

Industrial

Orders worth Rs 1, 476 crores bagged by KEC International

RPG Group firm, KEC International, has bagged new orders worth Rs 1,476 crores across multiple regions, including India, the Middle East, Africa, and the Americas. The order is bagged by the transmission and distribution (T&D) division of the firm.

An order for 380 kV transmission lines, substations, and extra-high-voltage (EHV) cabling is bagged from Saudi Arabia. Another order for 132 kV transmission lines is received from Africa. Further orders for the supply of towers in India and the Americas, as well as hardware and poles in the Americas, have been received by the firm.

Also Read: Orders worth over Rs 1,000 crores bagged by KEC International

Transport

GMR Airports emerges selected bidder for Cargo Terminal 1 at IGI airport

Delhi International Airport Ltd (DIAL) has declared that GMR Group firm, GMR Airports Ltd (GAL), has emerged as the selected bidder to upgrade, modernise, and operate Cargo Terminal 1 at Indira Gandhi International (IGI) Airport in New Delhi.

The project will operate on a revenue-share model, with payments made to DIAL for an initial period extending up to 2036.

Also Read: GMR plans to set Aerocity around major airports

Mining

Thakurani A1 iron block: Jindal Steel emereges preferred bidder for the block in Odisha

Jindal Group's flagship firm, Jindal Steel, has emerged as the preferred bidder for the Thakurani A1 iron ore block in Odisha's Keonjhar. As per The Economic Times, the firm has committed a premium of 101.20% to the government.

This mine is expected to strengthen Jindal Steel's iron ore supply as it ramps up capacity at its plant in Angul.

Also Read: Jindal Steel aims to double capacity of Raigarh plant

Power

BARC to invest Rs 12,960 crores in development of small modular reactors

Bhabha Atomic Research Centre (BARC) has plans to develop 220 MW Bharat Small Modular Reactors and two SMR-55 units. As per Business Standard, these will be developed under the Nuclear Energy Mission announced in the Union Budget 2025-26.

The development of Small Modular Reactors 220 MW will take an investment of Rs 5,960 crores. While the two SMR-55 units will take an investment of Rs 7, 000 crores.

Also Read: BHEL and BARC join hand to produce hydrogen energy

Water

Jal Jeevan Mission 2.0: Cabinet clears projects worth over Rs 8.8 lakh crores

The Union Cabinet has given its approval to the launch of Jal Jeevan Mission 2.0, with an aim of strengthening rural drinking water service delivery across the country. Along with the Jal Jeevan Mission 2.0, a series of major infrastructure and public utility initiatives with a combined financial outlay of about Rs 8.7 lakh crores.

According to The Economic Times, the new Jal Jeevan Mission will shift its focus from infrastructure creation to ensuring reliable service delivery and the long-term sustainability of rural water supply systems.

Also Read: Contract update: Kashmiri Lal Constructions bags order under Jal Jeevan Misson in Kerala

12-03-2026

Oil & Gas

HMEL to invest Rs 62,600 crores in Punjab

Petrochemical firm HPCL-Mittal Energy Limited (HMEL) has plans to invest Rs 62,600 crores in the state of Punjab. The firm plans to launch 500 new retail fuel outlets nationwide, along with a Rs 60,000 crore investment in its Bathinda refinery.

Rs 2,600 crores will be invested in the specialty and fine chemicals sector in the state.

Also Read: BCL Industries comissions ethanol plant at Bhatinda