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JK Tyre and Industries is gearing up to invest another Rs 5,000 crore over the next 5-6 years to expand its production capacity, including some dedicated lines for export markets, according to Chairman and Managing Director Raghupati Singhania. The company, which on Monday introduced India's first embedded smart tyres for passenger vehicles, is currently in the process of investing Rs 4,000 crore to ramp up its manufacturing infrastructure. The ongoing investment cycle, which commenced around 4 years ago, is expected to end next quarter. "For the next 5-6 years, we are now planning for another Rs 5,000 crore investment to enhance our capacities, both for car as well as truck tyres," Singhania told PTI in an interaction. As part of the endeavour, the company also plans to create some production lines dedicated especially for exports, he added. "We see that going forward India could have a good opportunity in the global markets, we want to utilise this opportunity," Singhania ...
The Renewable Energy India Expo 2025 is likely to attract more than Rs 1,800 crore in fresh investment commitments for India's bioenergy sector, the Indian Biogas Association said on Sunday. The spotlight this year is firmly on biogas as a game-changer for India's green growth, an Indian Biogas Association (IBA) statement said. According to the statement, the upcoming three-day-long Renewable Energy India Expo (REI) 2025, scheduled from October 30 to November 1, 2025, at the India Expo Centre, Greater Noida, is poised to unlock more than Rs 1,800 crore in fresh investment commitments for India's bioenergy sector. With the government scaling up the SATAT scheme (Sustainable Alternative towards Affordable Transportation), commissioning of new compressed biogas (CBG) plants across states, and biogas being recognised as a feedstock for future fuel, including methanol and Di-methyl ether production, the sector is witnessing unprecedented momentum, it added. This year's Bio-Energy Pavili
India is set to attract investments worth Rs 80 lakh crore, generate over 1.5 crore jobs, and accelerate green shipping practices in the coming years, Union Minister Sarbananda Sonowal said on Tuesday. According to an official statement, the ports, shipping and waterways minister further said India's maritime sector is undergoing a transformative shift, positioning the nation as a future global maritime superpower. "India's maritime growth story is about prosperity, sustainability, and pride in our heritage. We have already set course as India's blue economy aims to gain Rs 80 lakh crore boost, 1.5 crore jobs under Maritime Amrit Kaal Vision," the statement quoted Sonowal as saying. The statement said the government's flagship 'Sagarmala' programme is driving this change with 840 projects worth Rs 5.8 lakh crore under implementation by 2035. Already, 272 projects worth Rs 1.41 lakh crore have been completed. According to the statement, the upcoming Rs 76,000-crore Vadhavan Port in