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commercial real estate: Second half of 2021 to bring new opportunities for the commercial real estate market: Experts

Synopsis
In the webinar by home-grown flex workspace provider, Awfis, on the strategies that needs to be adopted by the CRE market to successfully navigate the second wave of the pandemic, experts said that traditional sources of capital – banks and NBFCs, will be constrained at least for the next 24-36 months.
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From an investor’s perspective, they will think through before they deploy capital to consider the contingencies, they have faced in the past 12 months.
The commercial real estate market will be expecting growth and getting ready for a post pandemic recovery with the roll out of vaccines in India, according to experts. ....

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Daicel Corporation to invest Rs 230 cr in airbag inflator plant in Chennai

Japan-based Daicel Corporation will set up an airbag inflator manufacturing plant in Chennai. The company will invest around Rs 230 crore during the phase-I. This will be Daicel Corporation’s first airbag inflator manufacturing plant in India. The company was catering to Indian market from its production site in Thailand and other countries.
The facility will come up at CapitaLand’s OneHub Chennai, an industrial township.
Takase Yoshifumi, Managing Director, India Operations, Daicel Corporation, said that until now, the company has been supplying products to the Indian market from its production site in Thailand and other countries.
However, due to the growth potential of the Indian automobile market, and the need to strengthen automobile manufacturer and airbag module manufacturer supply chains in India, we have decided to establish a local production site at OneHub Chennai, he said. ....

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Daicel to set up automobile airbag inflator manufacturing plant at CapitaLand's OneHub Chennai

Daicel to set up automobile airbag inflator manufacturing plant at CapitaLand’s OneHub Chennai
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Synopsis
Vinamra Srivastava, CEO, Business Parks, CapitaLand India, said: “We welcome Daicel to India and join OneHub Chennai’s growing community of leading multi-national companies.
The plant will meet growing demand for automobile airbag inflators in the country.
Bengaluru: Daicel Corporation, headquartered in Osaka, Japan, will be setting up an airbag inflator manufacturing plant at CapitaLand’s OneHub Chennai, a next generation industrial township located on Old Mahabalipuram Road, Chennai. It will be Daicel Corporation’s first airbag inflator manufacturing plant in India with a planned investment of about Rs 230 crore in phase 1. ....

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TN: Daicel Corp to invest Rs 230 cr in airbag inflator plant

TN: Daicel Corp to invest Rs 230 cr in airbag inflator plant
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Daicel To Set Up Automobile Airbag Inflator Plant At CapitaLand's OneHub Chennai For Rs 230 Crore

The plant, spread across 30 acres, will meet growing demand for automobile airbag inflators in the country. Daicel is scheduled to start operations by December 2023 ....

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