GWALIOR INVESTMENT
15,000 trains, 100+ special train pairs and a Vande Bharat: Indian Railways has a big Diwali & Chhath Puja gift for Bihar passengers
Indian Railways will operate 15,000 trains to and from Bihar to manage the festive rush during Diwali and Chhath, compared with around 12,000 services under normal operations. More than 100 pairs of special trains have also been arranged on routes connecting Bihar with Delhi, Punjab, Mumbai, Pune and other destinations. The Railways has also discussed new train services and infrastructure projects in the state.
Singhania family’s JKC Sports plans ₹150 crore sports infrastructure expansion
JKC Sports intends to invest ₹100 to ₹150 crore in sports infrastructure and technology over four years. The venture has already invested a similar amount in its initial phase over the last four years. It owns various sports franchises and is involved in developing new sporting IP. JKC Sports evaluates opportunities in multiple disciplines including cricket, bridge, and wrestling.
Stocks in news: RVNL, Lenskart, Mazagon Dock, Maruti Suzuki India and Nestle India
Indian equities concluded Friday's session with marginal gains, supported by softer crude prices. Several companies like RVNL and Mazagon Dock are expected to be in focus on Monday. RVNL secured a significant order from East Coast Railway for railway line works. Mazagon Dock plans a substantial investment in a new shipyard project. Lenskart Solutions is anticipated to see a large block deal transaction.
24 companies propose Rs 5,500 crore investment for Asia's first telecom manufacturing zone in Gwalior: Jyotiraditya Scindia
Gwalior is set to establish Asia's first dedicated Telecom Manufacturing Zone. This ambitious project will attract approximately ₹5,500 crore in investment. Over 18,000 direct employment opportunities are expected to be generated. The zone will house 24-25 telecom manufacturing units and related components. This initiative aims to transform Gwalior into a major telecom manufacturing hub.
India’s B-schools slip on intense global competition
IIM Bangalore, India’s highest-ranked MBA programme for the fourth consecutive year, fell to 64th from 52nd globally. IIM Ahmedabad dropped to 70th from 58th, while IIM Calcutta saw the sharpest decline among the three, falling to 95th from 64th.
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Madhya Pradesh CM Mohan Yadav leads high-level state delegation on global investment mission in Dubai
The four-day Dubai visit of the delegation led by the CM is aimed at expanding Madhya Pradesh’s business outreach, attracting FDI and building industrial partnerships, while positioning the state as a competitive destination for businesses.
ISRO’s ‘Bahubali’ draws big industry interest as L&T, Adani, others eye rocket technology
Larsen & Toubro, JSW, Adani Group and Mahindra are among companies considering bids to manufacture and operate ISRO’s LVM3 heavy-lift rocket. The technology-transfer programme is part of ISRO’s push to shift routine launches to private industry. The move comes as global launch demand grows and India’s space economy expands.
DoT, Madhya Pradesh sign MoU for telecom manufacturing zone in Gwalior
The Department of Telecommunications and Madhya Pradesh government signed an agreement for a new manufacturing zone. This Gwalior facility will attract over ₹3,500 crore in initial investments from fourteen manufacturers. The government expects ₹10,000-12,000 crore more investment in the project's first phase. The zone offers substantial incentives including land and capital subsidies for businesses.
Amit Shah inaugurates Abhyudaya MP Growth Summit; launches, lays foundation of Rs 2 lakh crore projects
Union Home Minister Amit Shah inaugurated the 'Abhyudaya Madhya Pradesh Growth Summit' in Gwalior, launching industrial projects worth Rs 2 lakh crore. These initiatives are expected to create over 1.93 lakh employment opportunities, marking a significant step towards the state's development goals.
Madhya Pradesh government eyes to make SADA an investment centre
Madhya Pradesh plans to redevelop Gwalior's SADA. The goal is to create an attractive investment hub. Focus areas include manufacturing, electronics, and renewable energy. The project aims to improve infrastructure and logistics. The Agra-Gwalior Expressway will boost connectivity. New policies will ease business operations. Incentives are available for foreign investment. The state is targeting telecom and MSME sectors.
Industry conclave: MP govt attracts Rs 8k cr investment; Adani Group to invest Rs 3,500 cr
Addressing the conclave, Madhya Pradesh Chief Minister Mohan Yadav outlined the government's vision and initiatives to promote investment, innovation, and sustainable development in the state. He said, "Under the leadership of Prime Minister Narendra Modi, India is the fifth largest economy in the world. At the same time, we are moving towards becoming the third largest economy in the world".
1,300 railway stations being modernised under Amrit Bharat scheme: Rail Minister Vaishnaw
"A total of 1,300 railway stations are being redeveloped and modernised, and as part of this, Rs 500 crore are being invested in Gwalior station. The work of converting the narrow gauge line into broad gauge is going on at a brisk pace," the Railway Minister said.
IAF gets two Mirage 2000 fighters from France to strengthen combat aircraft fleet
The two aircraft were acquired by the Indian Air Force as part of the programme to make up the number of aircraft in the Mirage fighter fleet to around 50.
Centre to convert ravines of Chambal region into arable land with World Bank support: Tomar
He further said the project will not only help in improving agricultural development and environment but will also create employment opportunities and lead to substantive development of the region. Tomar said there is a lot of scope for development of the Beehad area in Gwalior-Chambal region. The Chambal Expressway will be built and will pass through this area, by which the overall development of the region would be possible.
Nine firms in race to bag contracts for redevelopment of 4 railway stations under PPP
The nine firms -- JKB Infrastructure, GMR Business and Consultancy Firm LLP, ISQ Asia Infrastructure Investments, Kalpataru Power Transmission Ltd, Anchorage Infrastructure Investments Holdings Limited, Monte Carlo Limited, Kalyan Toll Infrastructure Limited, GR Infraprojects Limited, and Cube Construction Engineering -- have put in 29 separate applications for the redevelopment of the four stations.
Rs 1500-crore defence unit to be set up in MP district
The Defence Ministry would spend Rs 1500 crore on the proposed unit, the Minister said in a statement here welcoming MP government's decision to allot land for the same.
Punj Lloyd to expand defence facility: Atul Punj
Punj Lloyd is set to expand its Gwalior facility besides exploring other states like Karnataka and Rajasthan to set up manufacturing units.
Assocham plans to attract Rs 75,000 cr investments in Gwalior
"We are preparing a blueprint for the development of Gwalior district," Assocham secretary general DS Rawat said.
AkzoNobel inaugurates new plant in Gwalior
AkzoNobel India Managing Director Amit Jain said new plant will help the company expand its distribution network.
Akzo Nobel to set up Rs 150-crore plant in Gwalior
Leading global paints and coatings firm AkzoNobel plans to invest Rs 150 crore in a new manufacturing plant at Gwalior in Madhya Pradesh.
Surya Roshni to invest Rs 150 cr in expanding capacity
Lighting products and steel pipe manufacturer Surya Roshni said it will invest Rs 150 crore in expanding the capacity of its manufacturing plant located at Gwalior in Madhya Pradesh.
Surya Roshni to spend Rs 500 cr on diversification
Lighting products and steel pipes maker Surya Roshni will invest Rs 500 crore in two greenfield projects to diversify into high mast towers and street light poles besides expanding its pipe business.
Lanxess to buy Gwalior’s chemical business for Rs 536 cr
Germany’s Lanxess has agreed to buy Gwalior Chemical Industries’ chemicals and windmill business for Rs 536 crore, both firms said on Monday, sending the Indian firm’s stock up 5%.
Paswan lays foundation stone of Gwalior steel processing unit
Union minister for chemicals and fertilisers and steel Ram Vilas Paswan on Tuesday laid the foundation stone for a steel processing unit (SPU) at Billowa village in Gwalior district of Madhya Pradesh.
SAIL to set up Steel Processing Unit in Gwalior
Country's largest steel producer SAIL will set up a Steel Processing Unit (SPU) in Gwalior at an investment of Rs 83 crore to meet the rising demand of the the product.
Sunil Mantri to develop Rs 2,000 cr township
Real estate firm Sunil Mantri on Wednesday said it will invest Rs 2,000 crore on developing a 2,000-acre residential project in Gwalior over the next 8-10 years.
MP signs 12 MoUs worth 32,000 cr in investors meet
Madhya Pradesh government on Tuesday inked 12 investment proposals worth Rs 32,000 crore during a two-day Investors Meet here, an official statement said.
MoUs worth Rs 2743 crores to be inked in Gwalior Investors meet
Madhya Pradesh Government is likely to ink MoUs worth Rs 2743 crore during the two-day Investors Meet to be held on July 29-30 in Gwalior.
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