Torrent Power Limited has pledged to achieve 10 Gigawatts (GW) of installed renewable energy capacity by 2030, with an investment of Rs 57,000 crore. This commitment was made at the 4th Edition of RE-Invest event in Gandhinagar. The company also signed a Memorandum of Understanding with the Govt of Gujarat for a 5 GW solar,…
Eli Lilly announced a $1.8 billion investment to increase manufacturing capacity for its Alzheimer’s drug and popular weight loss and diabetes treatments in Ireland. The company is expanding existing sites in Limerick and Kinsale to meet growing demand for their medications, including the recently approved Alzheimer’s treatment Kisunla. The investment aims to ensure a stable…
Ahmedabad-based DNA Wellness Private Limited is investing Rs 200 crore to establish 100 cervical cancer screening labs across India. They have exclusive rights to conduct the DNA Ploidy Test, which can detect cancerous cells up to two years earlier than traditional methods. This test is non-invasive, highly specific, and sensitive. The first lab has been…
The Chief Minister of Tamil Nadu, M K Stalin, along with officials from Jabil, a leading supplier for Apple, HP, and Cisco, signed a memorandum of understanding in Chicago. Jabil is investing 2,000 crore in a manufacturing facility at Manapparai near Trichy, which could create employment for around 5,000 people. This investment will expand Apple’s…
The Minister for Maritime Affairs announced that Danish shipping company Maersk will invest $2 billion in Pakistan’s port and transport infrastructure over the next two years. This investment is expected to contribute to the development of infrastructure and boost Pakistan’s economy. The minister highlighted Karachi’s potential to increase exports and mentioned steps taken by the…