The MP Birla Group plans to spend ₹3,500 crore in a new cement factory in Badnagar, Ujjain, marking a substantial industrial growth in Madhya Pradesh. Sandeep Ghosh, Managing Director and CEO of the MP Birla Group, made the announcement at an interactive session on Madhya Pradesh investment prospects held in Kolkata. The factory will be…

In a drive toward cleaner and more efficient public transportation, the national government has authorized the deployment of 240 electric buses in Chhattisgarh. This program, which aims to reduce the state's carbon footprint and modernize the transportation infrastructure, is part of a larger national effort to promote environmentally friendly mobility alternatives. The E-Bus Initiative The acceptance of…

Sundaram Home Finance, a wholly-owned subsidiary of Sundaram Finance Ltd., has expanded its footprint in Madhya Pradesh by opening a second branch in Indore. The corporation plans to invest ₹225 crore in the state this fiscal year to expand outside its core southern market. D. Lakshminarayanan, Managing Director, stressed the importance of Madhya Pradesh in the…

Rewa Airport in Madhya Pradesh has reached a critical milestone by receiving certification from the Directorate General of Civil Aviation (DGCA), making it the state's sixth airport. This development is part of India's larger UDAN (Ude Desh ka Aam Naagrik) effort, which aims to improve regional air connectivity by offering inexpensive air travel to neglected…

Akzo Nobel India began commercial manufacturing of powder coating products from their new factory in Gwalior, Madhya Pradesh, on September 5, 2024. This cutting-edge plant, with an initial capacity of 5,166 tons per year, represents a significant milestone in Akzo Nobel's ambitions to expand its manufacturing presence in India. The company's purpose is to better…

The Indian Railways has achieved a crucial milestone in the Anuppur-Katni 3rd Rail Line Project, which would significantly improve India's railway infrastructure. As of September 2024, 101 kilometers of this critical rail route, totaling 165.5 kilometers, has been commissioned. This initiative is projected to have a significant influence not just on coal transportation, but also…

Mandu, Madhya Pradesh — ITC Hotels has made a crucial step toward growing its footprint in Madhya Pradesh by signing a management arrangement with Lunera Castle Resort & Spa in Bhopal. This cooperation will see the ancient 'Lunera ki Sarai' transformed into a magnificent facility under the Welcomhotel brand, appropriately titled Welcomhotel Mandu.   A Heritage Reimagined The…

Indore:  The Madhya Pradesh Industrial Development Corporation (MPIDC) has recently received substantial interest from enterprises in southern India, particularly Coimbatore and Tiruppur. The corporation has received 15 Expressions of Interest (EOIs) from these locations, indicating prospective investments of more than Rs 1,000 crore in the textile and apparel sector in Indore.   The EOIs originate from a…