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CMA CGM to acquire 48% of Santos Brasil for $1.2 bn, plans takeover bid
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
CIAL to award Rs 700 crore for international terminal expansion
Cochin International Airport Ltd (CIAL) is poised to invest Rs 700 crore in the expansion of its international terminal, with construction set to begin in December. Upon completion, the terminal will accommodate 44 aircraft, an increase from the current capacity of 36. An official commented, "The terminal will feature a stunning variety of retail outlets and luxurious lounge areas, ensuring an exceptional standard of service. A key aspect of the project is a new apron covering 1.5 million square feet on the northern side, alongside a terminal expansion of 500,000 square feet." The official a..
Uno Minda to invest in new plant in Indonesia
Uno Minda Ltd announced that it will invest over Rs 610 crore to establish a new manufacturing facility in Indonesia and expand its production capacity in India. The company’s wholly-owned subsidiary, PT Minda Asean Automotive (PTMA), has received additional orders for long tail lamps for passenger cars from original equipment manufacturers (OEMs) in Indonesia. To address this growing demand, the new plant in Indonesia is expected to be operational by Q4 FY26. The new facility will allow Uno Minda to diversify its product range and meet the increasing demand for passenger car components. "O..
JK Cement to enhance production capacity
JK Cement is set to increase its production capacity to 30 million tonnes per annum (MTPA) by the end of FY26, up from the current 24 MTPA. This expansion is projected to cost approximately Rs 3,000 crore, with Rs 700-800 crore already invested. The company is focusing on projects in Panna, Madhya Pradesh, and a new facility in Buxar, Bihar. In Panna, JK Cement plans to expand its clinker capacity at an estimated cost of ?2,400 crore. Construction has already commenced, involving orders for the main plant and equipment, with the unit expected to be operational by Q3 FY26. Additionally, a green..
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