TVS Motor Company has indicated its intention to invest over INR 1,000 crores in Madhya Pradesh towards potential expansion of two-wheeler and three-wheeler expansion in electric and internal combustion engine (ICE) vehicles in the future. The investment by the Indian automobile company is estimated to create more than 2,000 direct and indirect jobs in Madhya […]
Indian retail mall developer Phoenix Mills Limited (PML) has inaugurated the Phoenix Citadel mall in Indore, Madhya Pradesh. Located at MR 10 Junction, the Phoenix Citadel shopping mall has been built by Phoenix Mills Limited in partnership with Canada Pension Plan Investment Board (CPP Investments) under their first joint venture. Built over 19 acres of […]
Persistent Systems, an Indian digital engineering company, has opened its first office in Indore, Madhya Pradesh, thereby establishing its footprint in Central India. The 450-seat technology delivery center in Indore will be instrumental in helping clients across industries to expedite business transformation. The new office of Persistent Systems is also expected to give career opportunities […]
Accenture said that it has opened a new advanced technology center in Indore in the central Indian state of Madhya Pradesh. According to the Irish professional services company, the new facility marks further expansion of its global delivery network. Indore now joins Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Pune, Delhi, and others where its advanced technology […]
Indo Thai Securities Limited, an Indore-based stockbroker, is foraying into the decarbonization business, through a new subsidiary called Femto Green Hydrogen Limited. According to Indo Thai Securities, its subsidiary is developing a type of de-carbonization technique, which is aimed to help the removal and reduction of global warming resulting from various forms of surface transport. […]
Vippy Spinpro said that its board of directors has approved an INR 50 crores plan for modernization and expansion program at its spinning unit in Dewas, Madhya Pradesh. The Indore-based yarn spinning mills company said that the program is proposed to be financed through a term loan of INR 33.5 crores and the remaining amount […]
Indore-based Prataap Snacks Limited, which owns the Yellow Diamond brand, has started commercial production at its newly established food processing plant in Dornjur, Howrah district in West Bengal. The Indian snack foods company said that the new food processing plant will produce extruded snacks, pellets, and other snacks. The Prataap Snacks factory has a capacity […]
Indian car manufacturer Maruti Suzuki India Limited (MSIL) has expanded its subscription services to four more cities, which include Jaipur, Indore, Mysore, and Mangalore. Introduced in July 2020, Maruti Suzuki Subscribe is a plan using which a person can enjoy owning a car without purchasing the vehicle. It enables the customer to select from a […]
Dabur India has broken ground on an INR 550 crores manufacturing facility in the SMART Industrial Park near Indore in Madhya Pradesh for producing a range of its ayurvedic medicines, food products, and health supplements. The first phase of construction of the Dabur manufacturing plant has been planned under the Madhya Pradesh government’s Mega Projects […]
New BMW Motorrad showroom in Indore : BMW Motorrad, the Indian subsidiary of German automobile company BMW Group, has picked Munich Motorrad as its authorized dealer partner in Indore in the Indian state of Madhya Pradesh. The dealership at Munich Motorrad is led by Prashant Mandhan. The new BMW Motorrad showroom in Indore is at […]