SANY Heavy Industry Opens New Facility in Odisha
SANY Heavy Industry India Pvt Ltd has announced the opening of HO, M/s Raghunath Machinery, with Deepak Garg presiding over the inauguration on April 24, 2024. This new facility emphasizes Sany's commitment to serving customers in South
JICA Reaffirms Commitment to Safety in Indian Infrastructure Projects
On 'World Day for Safety and Health at Work,' Japan International Cooperation Agency (JICA) restates its dedication to elevating safety standards in India's infrastructure and construction sites. Guided by its principle of 'safety first,
Cube Highways Trust Acquires 7 Highway Assets Valued at ₹5,172 Cr
Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, has announced its acquisition of seven highway assets from Singapore-based Cube Highways and Infrastructure III Pte Ltd and Cube Highways Infrastructure Pte Ltd.
Sumadhura Group Expands Bengaluru Footprint with 40-Acre Land Acquisition
In response to the thriving real estate market in Bengaluru, Sumadhura Group, a leading developer in southern India, has announced a strategic land acquisition of 40 acres in the city. This move paves the way for a potential INR 6000 crore
First Steel Bridge Launched for Mumbai-Ahmedabad Bullet Train Corridor
The first 100-meter steel bridge for the Mumbai-Ahmedabad Bullet Train Corridor was launched over the Vadodara-Ahmedabad main line near Nadiad, Gujarat. This milestone exemplifies India's commitment to its "Make-in-India" initiative
REC Limited to Fund 624 MW Kiru Hydro Electric Project in J&K
REC Limited has inked an agreement with Chenab Valley Power Project Private Limited (CVPPPL) to provide a term loan of ₹1,869.265 crores. The financial support will aid in the development, construction, and operation of the Greenfield
KRDCL-RVNL JV Wins Bid for Redevelopment Project from Southern Railway
KRDCL-RVNL Joint Venture has secured the contract for the redevelopment of Thiruvananthapuram Central Railway Station from Southern Railway. Valued at ₹438.95 crore, the project will be executed in 42 months under an engineering
SJVN Inaugurates India's 1st Multi-Purpose Green Hydrogen Pilot Project
Satluj Jal Vidyut Nigam (SJVN) has marked a significant milestone with the launch of India's first multi-purpose green hydrogen pilot project at the 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh
South Eastern Railway Floats Tender for Construction Projects in WB
The South Eastern Railway (SER) has issued a tender for the construction of various structures in West Bengal, in connection with the Deshpran-Nandigram new Broad Gauge rail line. The scope of work includes a minor bridge, toe
ArcelorMittal Nippon Steel India Plans Rs 85 Bn Fundraise for Expansion
ArcelorMittal Nippon Steel India is in discussions with banks to raise approximately Rs 85 billion (USD one billion) to support its expansion plans. State Bank of India, ICICI Bank, and Axis Bank are among the lenders expected
K Raheja Corp to Redevelop SOBO Central Mall into Luxury Residences
K Raheja Corp plans to transform SOBO Central Mall, India's first mall, into a luxury residential project, according to sources familiar with the matter. Located on a 1.3-acre site in the prime Haji Ali area, the redevelopment
Gerrit Marx Appointed as CEO of CNH Industrial N.V.
CNH Industrial N.V. has announced the appointment of Gerrit Marx as its new CEO, effective from July 1, 2024. He will succeed Scott Wine, who will depart at the end of the current three-year business plan cycle to pursue other
MMRDA Implements Heat Safety Measures for Construction Workers
The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced measures to protect construction workers from high temperatures during summer. With rising temperatures and a severe heat wave alert in the Mumbai
MoRTH Invites Tender for Two-Laning of Bero-Khunti Section in Jharkhand
The Ministry of Road Transport and Highways (MoRTH) has issued a tender for the two-laning of the Bero-Khunti section in Jharkhand. The project involves widening or reconstructing the road to two lanes with paved shoulders from
Sundream Group to Invest ₹250 Cr in Anthurium Business Park 2nd Phase
The Sundream Group plans to invest ₹250 crore in the second phase of Anthurium Business Park in Noida, Uttar Pradesh, during this financial year. This investment is in addition to the ₹250 crore already invested in the project's
Mahindra Logistics launches skill development training centers
Mahindra Logistics Limited has planned to launch nationwide Community Centers of Excellence (CCoE) in partnership with Logistics Skill Council to address the shortage of skilled workers in the logistics sector. These centers will provide
Bigbloc Building Elements Plans 625 KW Solar Project at Wada Plant
Bigbloc Building Elements Pvt Ltd, a subsidiary of BigBloc Construction Ltd, plans to install a 625 KW rooftop solar power project at its Wada Plant in Palghar, Maharashtra, with an investment of ₹2.5 crore. This initiative aligns with
NHAI to Monetise 2,741 km Highway Stretches Through TOT & InvIT Modes
The National Highways Authority of India (NHAI) has earmarked 33 highway stretches, totaling 2,741 kilometres, for monetisation in the current financial year through Toll Operate Transfer (TOT) and Infrastructure Investment Trust (InvIT)
Walplast Expands Manufacturing Capacity with 2 New Plants in South India
Walplast Products Pvt. Ltd, a leading building materials producer and the third-largest Wall Putty manufacturer in India, has expanded its manufacturing capacity with two new plants in Chennai and Perundurai, Tamil Nadu. Specializing
Capacit'e Infraprojects Secures ₹549 Cr Orders in Mumbai & Thane
Capacit'e Infraprojects has won orders totaling ₹549 crore from Macrotech Developers in Mumbai and Raymond in Thane, Maharashtra. The ₹256 crore contract with Macrotech Developers is for a luxury residential project in Mumbai's
SDLG Inaugurates Wheel Loader Manufacturing Facility in Bengaluru
SDLG, a member of the Volvo Group, specializes in sustainable solutions for construction, earthmoving, infrastructure, and mining projects. Operating in India since 2009, SDLG has made significant contributions to the construction
Doka Acquires Malaysian based MFE Formwork Technology
Doka, a global leader in formwork and scaffolding, has merged with Malaysian-based MFE Formwork Technology, a market leader in monolithic aluminium formwork. Together, they have become a major player in the Asia-Pacific region
Domestic MCE Industry Volumes to Decline by 12-15% in FY2025: ICRA
ICRA projects the volumes of the domestic MCE industry to decline in FY2025 following two consecutive years of strong growth viz. 26% in FY2023 and 24% in FY2024e[1]. The reversal in this growth trend will be driven by a slowdown in the
Niftylift Honoured as Hire Industry Supplier of the Year 2024
Milton Keynes, UK – Niftylift Ltd, a leading manufacturer of mobile elevating work platforms, has been named the Hire Industry Supplier of the Year at the prestigious Hire Awards of Excellence 2024. The ceremony, organized by Hire
IREDA's GIFT City office to boost Green Hydrogen Projects
Indian Renewable Energy Development Agency Ltd. (IREDA) has launched an office in GIFT City, Gandhinagar, specializing in providing debt options in foreign currencies. This move aims to facilitate natural hedging, reducing financing
JK Tyre Opens 22nd Brand Shop in Tamil Nadu
JK Tyre & Industries Ltd has inaugurated its 22nd brand shop in Tamil Nadu, marking an expansion of its last-mile presence in India. The one-stop solution brand shop, named Hindustan Tyres, was inaugurated by Mr. Sanjeev Sharma
Road execution to grow by 5-8% in FY2025 to 12,500-13,000 km: ICRA
ICRA expects road execution to witness a growth of 5-8% to 12,500-13,000 km, after recording a robust expansion of ~20% in FY2024. The pace of execution in this fiscal will be supported by a healthy pipeline of projects
Kanodia Group Acquires Land in Gurugram for Luxury Project
Kanodia Group has purchased a 1.74-acre land parcel in Sector 46, Gurugram, for around Rs 153 crore. The group intends to develop a luxury project on this site. Gautam Kanodia, the company's co-founder, stated, "We aim to achieve over
MGCPL Completes 1st OWG Bridge for Mumbai-Ahmedabad Bullet Train Project
M. G. Contractors Pvt. Ltd. (MGCPL) has successfully installed the first open web girder (OWG) truss bridge for Package P1(C) of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project. The bridge, named GAD-31, spans the Indian Railways
CASE India Rolls Out 20,000th Vibratory Compactor in India
CASE Construction Equipment, a CNH brand, has marked a significant achievement by producing its 20,000th Vibratory Compactor at its advanced facility in Pithampur, Madhya Pradesh. This facility stands as the exclusive manufacturing center
