BROWNFIELD EXPANSION
Shree Cement to invest Rs 7,000 crore in Andhra Pradesh; plans plants in 3 districts
Shree Cement Ltd plans to invest Rs 7,000 crore to establish cement plants in Andhra Pradesh. The company will set up facilities in Kadapa, Anakapalli, and Guntur districts. This decision comes after incentives from the coalition government led by Chief Minister N Chandrababu Naidu. Shree Cement aims to increase its production capacity beyond 80 million tonnes in the near future.
Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco
Indian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impressive growth, sparking optimism for a breakout beyond 24,000. Companies like Lenskart, Aurobindo Pharma, and BSE are in the spotlight as they report positive earnings. Experts advise keeping an eye on the support levels as the bullish trend persists.
PFRDA aims NPS expansion via banks, UPI integration; eyes corpus of around Rs 100 lakh crore by 2040
The regulator is looking to accelerate growth beyond the organic expansion of the pension market by using the existing digital financial infrastructure to bring more people into the long-term savings system.
Executive search defies broader job market uncertainty
India's executive search firms are reporting strong growth despite layoffs, AI-driven disruptions and global economic uncertainty. Leading firms have recorded business growth of 15-25% in the first half of the financial year, driven by demand for senior leaders across manufacturing, infrastructure, power, energy and global capability centres (GCCs). Companies are investing in experienced executives who can manage large projects, navigate technological change and improve business performance.
Vedanta lines up USD 25 bn investment over 3 years for organic growth; eyes USD 50 bn revenue
Vedanta Group has announced plans for a USD 25 billion investment to expand its existing businesses significantly. The investment will focus on organic growth in key sectors including aluminium, copper, and oil. Vedanta aims to become a leading silver producer and one of the largest mining companies worldwide. The company also intends to double its renewable energy capacity in the coming years.
Cabinet approves Rs 10,000 crore container manufacturing scheme
The Union Cabinet has recently approved a significant scheme to boost container manufacturing in India. This Rs 10,000 crore initiative aims to enhance production capacity by ten-fold by the year 2040. It will reduce the country's reliance on container imports and improve supply-chain resilience. Financial assistance will support eligible manufacturers meeting global shipping standards. Additionally, an interest subvention will aid in the expansion of existing facilities for container production.
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Cabinet approves Rs 10,000 crore container manufacturing scheme
The Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to build domestic manufacturing capabilities and reduce reliance on container imports. It will promote facilities, testing, and skills development in the container manufacturing sector. The scheme is expected to create thousands of jobs and enhance competitiveness against global producers.
India’s GCCs to add 1-1.4 million jobs by 2031: Report
India's global capability centres, or GCCs, are projected to add 1–1.4 million net jobs by 2031. The employment in these centres is anticipated to grow to 3.3–3.7 million, significantly increasing office space demand. While AI is expected to reshape workforce composition, it will coexist with job growth and office space requirements. Existing centres will account for most workforce additions, with new GCC setups primarily located in tier-1 cities.
Himadri Speciality Chemicals plans Rs 1,613-cr capacity expansion across key businesses
Himadri Speciality Chemicals Ltd is implementing a growth strategy focused on capacity expansion and investment. The company plans to invest in lithium iron phosphate, speciality chemicals, and carbon nanotubes. This investment aims to build a strong foothold in the energy transition economy and enhance profitability. Additionally, the company seeks to strengthen its position in high-performance carbon black and expand its global presence.
Elara initiates coverage on Adani Power, sees up to 17% upside as expansion plans gather pace
Elara Securities has initiated coverage on Adani Power with an Accumulate rating and a target price of Rs 220, implying 17% upside. The brokerage expects capacity expansion from 18.3 GW to around 42 GW by FY32 to drive growth, while flagging execution risks, rising debt and limited valuation headroom.
UltraTech commissions 116.55-MW wind project; 1st Indian co to hit 2 GW captive green power capacity
UltraTech has become the first Indian company to cross 2 GW of captive green power capacity with a recent commissioning of a 116.55-MW wind energy project in Barmer, Rajasthan. Additionally, the company has added 10 MW of Waste Heat Recovery System capacity at its Karnataka unit. UltraTech's current green energy capacity now meets approximately 48 percent of its power requirements across operations.
Cabinet clears Rs 1.86 lakh crore Green Energy Corridor-III to evacuate 135 GW renewable power
The Union Cabinet on Wednesday approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme to build transmission infrastructure for evacuation of up to 135 GW of renewable power and deploy 50 GWh of battery storage, as India prepares its grid for a sharp expansion in non-fossil energy capacity.
KKR to acquire Cisternina Logistics, plans to build pan-India liquid storage and logistics platform
KKR has announced a majority investment in Cisternina Logistics, which focuses on bulk liquid and gas storage. This investment will facilitate Cisternina's acquisition of Ganesh Benzoplast Limited's liquid storage terminal business. Additionally, the partnership aims to expand infrastructure across India, capitalising on long-term growth potential in the sector.
Motilal Oswal sees Aster DM EBITDA rising 25% CAGR through FY28; sets Rs 910 target
Motilal Oswal has initiated coverage on Aster DM Quality Care with a Buy rating and Rs 910 target, citing merger synergies, capacity expansion and improving operating metrics. The brokerage expects revenue, EBITDA and PAT to grow at CAGRs of 19.5%, 25% and 33%, respectively, through FY28.
How Gautam Adani turned Rs 1 lakh crore of stressed asset deals into a mega infrastructure bet
Gautam Adani's ambitious acquisition strategy involves securing over 20 infrastructure deals valued at ₹1 lakh crore, encompassing diverse sectors such as power, ports, airports, and renewable energy. This approach comes in response to prior financial challenges in India. The Adani Group aims to boost operational efficiencies and expand its capacity, resulting in improved EBITDA across its thermal power plants.
Varun Beverages arm signs exclusive distribution pact with Mondelez
Varun Beverages Limited Zimbabwe has entered into a distribution agreement with Mondelez South Africa. This exclusive agreement will focus on chocolate, biscuits, candies, and gum products. The partnership is set to take effect from October 1, 2026. Varun Beverages plans to utilize its existing distribution network for this venture. The specific investment details have not been disclosed by the company at this time.
Highway projects in Gujarat: NHAI signs MoU with SSNNL to simplify approvals & speed up project development
NHAI Gujarat MoU: NHAI has signed an MoU with SSNNL to simplify and speed up approvals for National Highway and irrigation projects in Gujarat, while introducing new guidelines to standardise the design of upcoming access-controlled high-speed National Highways. The guidelines cover lane configuration based on traffic assessments, safety provisions for highway entries and exits, and uniform technical standards for four-lane and six-lane Greenfield and Brownfield corridors.
Coal India Limited announces ambitious Business Development portfolio for diversification beyond mining
Coal India Limited announced its ambitious business development portfolio on Sunday. This plan focuses on five key platforms for future expansion and growth. Initiatives include coal gasification, thermal power, and renewable energy ventures. The company will also explore critical minerals and advanced materials. This diversification aims for energy and mineral security and import substitution.
View: As oil tops $100, India needs a wider, smarter fuel security strategy
Rising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel vehicle timelines and promoting ethanol blending. Exploring iso-butanol and methanol blending offers further emission reduction and import substitution. Second-generation biorefineries are crucial for scaling up compressed biogas production. Strategic oil reserves and domestic exploration are also vital for energy security.
NITI seeks easier access to geological data, capital for small exploration companies
Niti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and forest procedures will reduce project delays significantly. Harmonizing renewable energy rules and addressing GST for logistics are also advised. Promoting domestic production of specialized alloys and battery recycling is crucial. Strengthening trade competitiveness requires market diversification and integrated value chains.
Take steps to accelerate discovery of new mineral resources, says NITI Aayog
NITI Aayog suggests improving access to geological data and capital for exploration companies. Streamlining approvals and procedures will help reduce project delays significantly. Promoting domestic production of specialized alloys and integrating suppliers is also recommended. Establishing traceable collection systems for batteries and e-waste is crucial. The report highlights India's mineral trade share and key export markets.
Manipal Hospitals scouts for acquisitions in Andhra, Keralam, Delhi-NCR; bets on AI-led healthcare
Manipal Health Enterprises plans significant expansion across several Indian states. The company is adopting a digital-physical healthcare model driven by Artificial Intelligence. Strategic acquisitions and a new greenfield project in Mumbai are underway. Investments focus on AI-enabled nursing and patient monitoring systems. The healthcare major aims to add over 2,400 beds by the year 2030.
Why Jefferies is bullish on Manipal Hospitals after its ₹9,000 crore acquisition spree
Manipal Hospitals’ acquisition-led expansion is entering a key phase, with Jefferies initiating coverage with a Buy rating and Rs 870 target. The brokerage expects strong earnings growth, driven by the turnaround of Sahyadri Hospitals, new bed additions, higher utilisation and operating leverage. However, execution risks at Sahyadri and intensifying competition in Bengaluru remain key concerns for the investment case.
India on track for 100-plus GCCs in 2026 despite geopolitical uncertainty
Despite the ongoing West Asia conflict, more than 60 GCCs were set up in India in the first six months of 2026, with the number of companies establishing such centres rising about 20% from the same period last year, the data showed.
NALCO partners with EGA for advanced DX+ Ultra aluminium smelting technology in Odisha expansion
National Aluminium Company Limited has licensed advanced smelting technology from Emirates Global Aluminium. This agreement supports NALCO's proposed brownfield smelter expansion at Anugola in Odisha. The new technology will increase the company's aluminium production capacity significantly. This adoption aims to optimise both capital and operating costs for the project. The partnership strengthens India's aluminium production ecosystem and NALCO's growth plans.
Chalet Hotels targets 5,500 keys by FY30, bets on hybrid model
Chalet Hotels plans to expand its portfolio to around 5,500 hotel keys by FY30, up from 3,389 currently, as it moves beyond its traditional asset-ownership model to include third-party-operated, franchised and own-brand hotels.
Dharmendra Pradhan urges coal and mines minister to expedite capacity expansion of smelter plant
The National Aluminium Company is undertaking a brownfield expansion project for their aluminium smelter plant at Angul, which include construction of a 1400 MW feeder Captive Power Plant (CPP).
RAK Ceramics to invest Rs 500 crore to raise capacity through brownfield expansion
While the company is scouting for a joint venture partner in Gujarat, it is also looking for a brownfield project somewhere in the central region.
OPGC set to go for a brownfield expansion of 1,200 MW
The Orissa Power Generation Corporation announced plans for a brownfield expansion of 1,200 MW, in addition to its existing 420 MW of power generation, at the state's Ib Valley area.
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