Topic
projects
India's chip story enters next phase: 5-6 semiconductor projects may go commercial by end of 2026
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Govt Clears 31 Electronics Part Projects Worth Rs 7,877 Crore
The Indian government has approved 31 electronics component manufacturing applications worth Rs 7,877 crore under the Electronics Components Manufacturing Scheme. The projects, involving Kaynes Technology, Dixon Technologies, Wipro and Motherson, will produce PCBs, camera modules, enclosures and other key inputs. The scheme has now attracted 106 proposals with committed investment of Rs 69,548 crore, exceeding its initial target.
Commodities Offshore project sanctioning nearly doubles as operators ramp up spending
Global offshore oil and gas field development investment is set to reach $137bn in 2026, a 30% year-over-year increase, with first-half FIDs up 90% to 38 projects. Westwood reports a more balanced spending cadence and a shift toward floating platform EPC, with Latin America overtaking the Middle East as the largest regional market.
Business Kolte-Patil Developers targets ₹6,000 crore revenue from six MMR redevelopment projects
Kolte-Patil Developers expects a combined ₹6,000 crore revenue from six society redevelopment projects across the Mumbai Metropolitan Region. The Pune-based realty firm, in which Blackstone holds a 40% stake, plans to launch the projects within 6-12 months.
Commodities TGS Expands Global Seismic Footprint with Three New Projects in Norway, Canada, and Ghana
TGS has initiated three new seismic projects: the Atlantic Margin South Reprocessing in Norway, Orphan 3D PSDM phase 2 in Canada, and a 2D-cubed project in Ghana's Keta Basin. The projects employ advanced imaging technologies and are supported by industry funding. Deliveries are scheduled from Q3 2026 through Q1 2027.