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Battery Smart bags $65 million to increase EV battery swapping network
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Kitchen Kinetics
The size of the Indian modular kitchen market is expected to reach $ 13.57 billion by 2029, growing at a CAGR of 24.36 per cent during the forecast period (2024-2029). The increase in income levels and rising demand for layouts that incorporate flexibility and agility and space-saving storage systems that use every nook and corner while keeping the aesthetics in mind adds to their lure. With consumers willing to experiment with designs, textures, myriad colour combinations and features such as magic corners and kitchen island concepts to add luxury touches to the cooking space, manufacturers a..
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KIIFB Approves Rs.860 Bn for Development Projects in Kerala
The Kerala Infrastructure Investment Fund Board (KIIFB) has greenlit projects amounting to Rs.860 billion aimed at enhancing the state's infrastructure. This extensive funding will cover a variety of essential projects including the construction and upgrading of roads, bridges, water supply systems, and educational institutions. The state government underscores that these projects are pivotal for stimulating economic activities and generating employment opportunities. KIIFB's initiative is expected to significantly contribute to the state's growth by providing modern amenities and improving t..
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Essar Nears Final Approval for $4.5 Billion Saudi Steel Plant
Essar Group is on the brink of obtaining the final approvals necessary to commence construction of a $4.5 billion low-carbon steel plant in Ras Al-Khair, Saudi Arabia. The plant, which will have a production capacity of 4 million tonnes per year, is poised to meet the burgeoning domestic demand for steel in the Kingdom. This project marks Essar's first major steel investment outside India, reflecting its strategic expansion into the global market. Prashant Ruia, Director of Essar Capital, confirmed that the company is awaiting the last set of approvals. The integrated steel project, managed by..