[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-spic-group-announces-major-investments-in-tn-global-investors-meet":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},790,"SPIC Group Announces Major Investments in TN Global Investors Meet","spic-group-announces-major-investments-in-tn-global-investors-meet","SPIC Group commits INR 1,900 crore to Tamil Nadu during GIM 2024, focusing on green ammonia, sustainable fertilizers, and expansion.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJanuary2024\u002FMr.%20Ashwin%20Muthiah.jpg\" alt=\"\" width=\"355\" height=\"264\">Southern Petrochemical Industries Corp Ltd (SPIC) announced significant investments during the Global Investors Meet in Chennai through the signing of a Memorandum of Understanding (MOU) with the state Government. Under the visionary leadership of Ashwin C Muthiah, Chairman, SPIC, the Group pledges an investment of INR 1,900 crore over the next two years, spanning SPIC Ltd, Greenstar Fertilizers Ltd, and Tuticorin Alkali Chemicals and Fertilizers Ltd.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">As part of an ambitious Group expansion, SPIC is earmarking INR 970 crore to revamp the existing Urea plant, augment capacity, and establish a 150 MTPD Green Ammonia plant. The company remains committed to farmers’ economic empowerment and yield enhancement and is steadfastly dedicated to serving the agricultural community.\u003C\u002Fp>\r\n\u003Cp>Greenstar Fertilizers Ltd is set to invest INR 640 crore in a Water Soluble Fertilizer (WSF) Mixing plant at Chennai, a 2,500 MTPA Sulphuric Acid plant, and the refurbishment of DAP I and II plants in Thoothukudi. This investment marks the second WSF facility, following the inauguration of the first plant in Thoothukudi in November 2023, which is notable for being entirely operated by women employees.\u003C\u002Fp>\r\n\u003Cp>Tuticorin Alkali Chemicals and Fertilizers Ltd (TFL) will allocate INR 290 crore to establish a Soda Ash and Ammonium Chloride Plant in Thoothukudi. In 2023, TFL achieved a milestone by becoming the first company to manufacture Green Soda Ash and Green Ammonium Chloride at its Thoothukudi plant.\u003C\u002Fp>\r\n\u003Cp>These investments, committed during GIM 2024, will generate significant direct and indirect employment in the State. Demonstrating a commitment to sustainability, Environmental, Social, and Governance (ESG) initiatives will continue to guide SPIC’s operations, underlining its dedication to responsible business practices and future endeavors.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.spic.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJanuary2024\u002FUxYzs601CUCtsh6w32Z3.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJanuary2024\u002FUxYzs601CUCtsh6w32Z3.jpg","2024-01-30T07:02:07+05:30","MWM Desk","News",0,"SPIC Group pledges INR 1,900 crore in new investments across three major subsidiaries to boost industrial capacity in Tamil Nadu.\nThe investment focuses on green energy initiatives, including a 150 MTPD Green Ammonia plant and sustainable fertilizer production.\nThese projects aim to drive regional economic growth while generating significant direct and indirect employment opportunities.","Big news from the Global Investors Meet in Chennai! The SPIC Group has announced a massive INR 1,900 crore investment aimed at scaling operations across SPIC Ltd, Greenstar Fertilizers, and Tuticorin Alkali Chemicals. Under the leadership of Chairman Ashwin C. Muthiah, this expansion underscores a strong commitment to sustainable industrial practices, including the establishment of a new Green Ammonia plant. By focusing on advanced manufacturing and ESG-driven growth, SPIC is reinforcing its dedication to the agricultural sector and the economic development of Tamil Nadu. This move signals a bright future for domestic industrial infrastructure and job creation. We are watching these developments closely as they reshape the landscape of the regional fertilizer and chemical industries. #SPICGroup #IndustrialGrowth #GIM2024","Major investment alert! SPIC Group commits INR 1,900 crore at GIM 2024 to drive sustainable expansion, green ammonia production, and fertilizer capacity in Tamil Nadu. A bold move for industrial growth. #Investment #Sustainability","Big moves in the industrial sector! 🚀 SPIC Group has officially pledged INR 1,900 crore in new investments at the Global Investors Meet. From boosting fertilizer capacity to pioneering Green Ammonia production, they are setting a high bar for sustainable growth in Tamil Nadu. We love seeing companies prioritize both innovation and ESG goals to support the farming community! Which of these developments are you most excited to watch? Let us know below! 👇 #SPICGroup #InvestmentNews #GreenEnergy #SustainableBusiness #TamilNaduIndustry #GIM2024 #AgricultureInnovation",{"title":6,"description":8,"keywords":21},"spic group, global investors meet, green ammonia, tamil nadu industry, sustainable agriculture, fertilizer manufacturing, industrial investment, b2b news, economic growth",{"title":23,"slug":24,"imageUrl":25},"GreenCell Mobility’s 150 Electric Buses Power Ayodhya’s Eco-Friendly Transit for Ram Mandir Ceremony","greencell-mobilitys-150-electric-buses-power-ayodhyas-eco-friendly-transit-for-ram-mandir-ceremony","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJanuary2024\u002FVtKIj3V6f1b4EKTLMHon.jpeg",{"title":27,"slug":28,"imageUrl":29},"LMW’s Stellar Showcase at ENGIMACH 2023","lmws-stellar-showcase-at-engimach-2023","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJanuary2024\u002FYxizz1m4roVoUmCQD9gZ.JPG",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"Essar Marks 15 Years of Stanlow Ownership and Investment","essar-marks-15-years-of-stanlow-ownership-and-investment","Essar celebrates 15 years at the Stanlow Manufacturing Complex, unveiling a £4.3B investment strategy for hydrogen and data centers.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fessar-marks-15-years-of-stanlow-ownership-and-investment-g9GAeC.jpeg","2026-08-08T02:00:45+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"Advait Energy Transitions, Manipal Energy Infratech Team Up for Integrated Energy Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fanca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo-LaVelo.png","2026-08-08T01:39:43+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},"Schaeffler India Strengthens Leadership with Amit Bhalerao as COO","schaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo","Schaeffler India appoints Amit Bhalerao as COO to lead manufacturing strategy, digital transformation, and operational excellence.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fschaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo-s7tsd7.jpg","2026-08-08T01:33:13+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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