Industry Today: Latest Investments Shaping India’s Growth

India's industry landscape is seeing fresh investment momentum across electric mobility, manufacturing, consumer appliances, industrial biotechnology, glass production and energy. Companies are deploying capital to expand capacity, strengthen domestic operations and build globally competitive manufacturing platforms.

From Bain Capital's potential $300 million investment in JBM Auto's EV business and Escorts Kubota's ₹2,000 crore greenfield plant to Welspun Corp's record ₹17,200 crore US order and Reliance Industries' proposed ₹2.73 lakh crore underground coal gasification project, today's developments highlight the scale of capital flowing into India's industrial growth story.

Here's a look at the biggest investment and industry developments making headlines today.

DMart Parent Avenue Supermarts Approves ₹500 Crore Investment in Online Grocery

Avenue Supermarts, the parent of DMart, has approved up to ₹500 crore for its online grocery subsidiary Avenue E-Commerce as it continues investing in DMart Ready. The move comes despite widening losses, with the company narrowing its focus to key markets to pursue a more sustainable e-commerce model.

• Avenue E-Commerce's FY26 revenue increased 17% to ₹4,094 crore.
• The company expanded its online service footprint to 18 cities and added eight fulfilment centres.
• Total capital invested in Avenue E-Commerce could approach ₹2,000 crore after the latest approval.

"We made a conscious choice to double down on DMart Ready in 11 key cities where the vast majority of our online business comes from." — Anshul Asawa, Managing Director & CEO, Avenue Supermarts

Also Read: From Cost Reduction to Structural Cost Leadership in Manufacturing

Bain Capital Eyes $300 Million Investment in JBM Auto's EV Business

Bain Capital is in discussions to invest up to $300 million (₹2,850 crore) in JBM Auto's electric vehicle manufacturing unit, potentially providing significant growth capital as the company expands its clean mobility platform and strengthens its position in India's electric bus market.

• JBM has an annual electric bus manufacturing capacity of 20,000 vehicles.
• The company is targeting ₹7,000–7,500 crore in revenue during the current fiscal year.
• Its EV business generated ₹2,307 crore in FY26 revenue, contributing nearly 38% of group sales.

Welspun Corp Secures Record ₹17,200 Crore US Pipe Order

Welspun Corp has secured its largest-ever single order worth approximately ₹17,200 crore, with supplies to be made from its US manufacturing facility. The contract will take its global order book to $4.4 billion and strengthens its position in North America's growing energy infrastructure market.

• The order will be executed during FY28 and FY29.
• Welspun's US market contributed 27.2% of revenue in FY26.
• Its US spiral mill is booked through FY28 amid demand from LNG, power infrastructure and oil pipelines.

Whirlpool India Steps Up Manufacturing Investment as It Targets Premium Growth

Whirlpool India is increasing its focus on manufacturing and premium products as it seeks to revive the brand and strengthen its market position. The company plans targeted investments across refrigerators and washing machines while expanding its presence in air-conditioners and other high-margin categories.

• The company is investing ₹245 crore in a new production line for large-capacity refrigerators.
• New refrigerator models are expected to be priced 20–30% below competitors.
• Air-conditioner sales increased 50% during the summer compared with the previous year.

"Scale is everything and we want to be among the top three brands in every segment, as no other market position makes money." — Narasimhan Eswar, Managing Director, Whirlpool India

Escorts Kubota Announces ₹2,000 Crore Manufacturing Plant in Uttar Pradesh

Escorts Kubota has announced an investment of more than ₹2,000 crore in a new manufacturing facility at YEIDA in Uttar Pradesh. The greenfield plant will produce tractors, farm implements, construction equipment and engines, with capacity designed to serve both domestic and international markets.

• The facility will be spread across 154 acres in Gautam Buddha Nagar.
• The first phase will add capacity for up to 60,000 tractors and 15,000 construction equipment units annually.
• The integrated campus will include machining, assembly, testing, engines and a spare-parts warehouse.

"India is no longer only a market for Kubota. It is becoming a manufacturing and engineering hub for Kubota globally." — Shingo Hanada, President & Representative Director & CEO, Kubota Corporation

Novonesis Plans ₹3,000 Crore Investment in Maharashtra

Denmark-based biosolutions company Novonesis plans to deploy ₹2,500–3,000 crore in Maharashtra over the next two to three years, with a significant portion expected to support expansion at its Patalganga facility. The investment will strengthen its manufacturing presence in India's growing biosolutions market.

• Patalganga has substantial available land, with only around 10% currently utilised.
• Novonesis supplies enzymes, yeast and biological technologies to more than 30 industries in India.
• The company also operates a manufacturing facility at Wada in Maharashtra.

"The ₹2,500-3,000 crore investment in India is over two-three years." — Krishna Mohan Puvvada, Regional President – Middle East, India & Africa, Novonesis

HNGIL to Invest ₹280 Crore to Double Bahadurgarh Production Capacity

Hindusthan National Glass & Industries will invest ₹280 crore to expand its Bahadurgarh manufacturing facility in Haryana, doubling production capacity from 300 tonnes per day to 600 tonnes per day. The investment is aimed at strengthening production capabilities while supporting the company's North India manufacturing footprint.

• The investment includes ₹180 crore in capital expenditure and ₹100 crore in operating expenditure.
• The company plans to complete the capacity expansion within 60–90 days.
• The Bahadurgarh facility is spread across approximately 50 acres.

"Our decision to invest ₹280 crore in Bahadurgarh and double the plant's capacity within 60 to 90 days reflects our confidence in Haryana as a manufacturing destination." — Shrai Madhvani, Chairman, HNGIL

Reliance Proposes ₹2.73 Lakh Crore Underground Coal Gasification Investment

Reliance Industries has proposed a potential ₹2.73 lakh crore investment over 30 years to develop an integrated underground coal gasification complex in Andhra Pradesh. If technically and commercially viable, the project could create a domestic source of syngas for industrial applications and help address India's dependence on imported energy feedstocks.

• The Chintalapudi and Recherla coal blocks have estimated resources of around 3.13 billion tonnes.
• The initial exploration and pilot phase could involve up to ₹3,000 crore.
• Syngas can be processed into hydrogen, methanol, ammonia, synthetic natural gas and other industrial products.