L&T’s B&F wing secures multiple contracts
L&T Construction's Building and Factories Division has secured multiple contracts ranging from Rs 1,000 crore to Rs 2,500 crore both in the domestic and international arenas. The projects include construction of cricket stadium at Varanasi on Design
Gujarat initiates Sabarmati Reservoir water linking project
The Narmada Water Resources, Water Supply & Kalpsar Department has initiated a significant water transmission project in Gujarat. A tender has been floated for the construction of a pipeline to link the Sabarmati Reservoir at Satola village to the villages of
PM unveils infrastructure projects worth Rs 4,055-cr
The Prime Minister has launched a series of transformative infrastructure projects, amounting to an investment of Rs 4,055 crore. He inaugurated two major road initiatives, collectively valued at over Rs 1,580 crore. Additionally, he marked the commencement
UltraTech aims for 200 mtpa capacity to cement market leadership
Kumar Mangalam Birla, Chairman of UltraTech Cement, has unveiled plans to solidify the company's market dominance by boosting its capacity to 200 million tonnes per annum (mtpa). The groundwork for this strategic expansion has already
More than Rs 28,000-cr infra projects proposed under PM GatiShakti
Six infrastructure projects related to railways and road transport worth more than Rs. 28,000 crores have been recommended under PM GatiShakti. The projects would provide multimodal connectivity for socio-economic development and decongest the
Brick sewer line to undergo major revamp at Rs 145-cr in Kolkata
India's first and the world's third-oldest functioning brick sewer line in central Kolkata's Moulali will be revamped at Rs 145 crore by the Kolkata Municipal Corporation (KMC), with the aim of mitigating waterlogging woes in major parts of north and central
Upsurge in infra development in NE, more than Rs 5 lakh-cr spent in last 9 yrs: GK Reddy
Minister for DoNER, Tourism and Culture G Kishan Reddy informed that path breaking efforts have been undertaken in connectivity and infrastructure, and more than Rs 5 lakh crore have been spent over the past nine years which has accelerated the pace
Haryana hastens work on Rs 6,134-cr reservoir in Yamunanagar
In a bid to prevent repeat of July floods caused by Yamuna in Delhi and adjoining areas in Haryana, the state government has fast tracked the work on the construction of a 14-km-long reservoir to be built 4.5 km upstream from the Hathnikund Barrage in
UP inks MoU with Mexico for investment in infra & pharma
Uttar Pradesh government has signed a Memorandum of Understanding (MoU) with Mexican state Nuevo Leon for investment in tourism, infrastructure, pharma and medical sectors. The state has introduced 25 sectoral policies to attract industrial investment
Aparna Enterprises allocates Rs 150-cr for expansion
Aparna Enterprises, a building materials manufacturer, has announced an investment of Rs 150 crore in 2023-24 for expanding its varied operations in tiles, ready-mix concrete (RMC), and aluminium businesses. About Rs 100 crore will be utilised for establishing
India marks four-fold infra spend on border with China
In order to build world-class infrastructure on border with China, India has focussed on improving infrastructure in the border areas in the past. The government has increased BRO’s budget from Rs 3,782 crore in 2013-14 to Rs 14,387 crore in 2023-24
Defence Minister to dedicate 74 projects to the nation
Defence Minister Rajnath Singh will soon dedicate to the nation 74 projects of the Border Roads Organisation (BRO) including airstrips, tunnels and bridges along the northern and western borders, informed BRO Director General Rajeev Chaudhry. The
Gati appoints V Rajesh Gowrinath as SVP- Sales
Gati Limited, an Allcargo Group company and express logistics and supply chain solutions providers, has appointed V Rajesh Gowrinath as Senior Vice President - Sales, Gati Limited. Rajesh will be responsible for leading business development and revenue
“Embracing Sustainable Technology and Alternative Fuels in Equipment Manufacturing: A Roadmap for Economic Viability and Development”
The Annual Session of ICEMA (Indian Construction Equipment Manufacturers Association) held on August 1, 2023, focused on innovation, technology and sustainability - the emerging trends in India’s Construction industry, and highlighted the
Mahesh Girdhar appointed MD & CEO of EverEnviro
Environmental and sustainable solutions company EverEnviro Resource Management has appointed Mahesh Girdhar as its new Managing Director (MD) and Chief Executive Officer (CEO). Girdhar succeeds Parvez Umrigar, who retired on July 31st, 2023
PM to launch Rs 6,100-cr infra projects in Kerala
Prime Minister Narendra Modi during his upcoming visit to Kerala will lay the foundation stone of infrastructure development works worth ₹6,100 crore. The projects include 176-km long National Highway projects worth over ₹5,550 crore and a rail
Infrastructure and investment will make India a developed nation by 2047: FM
Finance Minister Nirmala Sitharaman informed that infrastructure, investment, innovation and inclusiveness will make India a developed nation by 2047. The focus of the government is on four Is -- infrastructure, investment, innovation and inclusiveness
Govt opens six more critical minerals for private sector
The Union government of India has expanded opportunities for private players in the mining sector by adding six critical minerals - beryllium, lithium, niobium, titanium, tantalum, and zirconium - for exploration and mining. This move follows the recent
IFC to invest Rs 600-cr in Mahindra & Mahindra's last-mile mobility for EVs
Global development institution IFC has announced a significant investment of Rs 600 crore in Mahindra & Mahindra's new last-mile mobility (LMM) company, a wholly owned subsidiary. The investment is a strategic move towards fulfilling the country's
Kalpataru Projects International secures Rs 2,261-cr contracts
Kalpataru Projects International (KPIL) and its international subsidiaries have been awarded contracts and received a notification of awards (NoA) totaling Rs 2,261 crore. In India, KPIL has secured an order worth Rs 225 crore for oil and gas pipeline projects
Haryana and HP consider dam construction behind Hathnikund Barrage
Haryana Chief Minister Manohar Lal Khattar has revealed that the state governments of Haryana and Himachal Pradesh are actively exploring the possibility of constructing a dam behind the Hathnikund Barrage in Yamunanagar district. The proposal
Adani Group confirmed to redevelop Mumbai's Dharavi Slum
The Maharashtra state government has officially confirmed Adani Group's $619 million bid to undertake the redevelopment of Dharavi, Asia's largest slum, covering 625 acres (253 hectares). The project has been hailed as "the world's largest urban renewal
Union govt launches extensive connectivity projects in North East
The Union government has embarked on a series of major connectivity projects in the northeastern region of India. These initiatives aim to enhance road, rail, and air connectivity to promote development and accessibility in the states. Additionally, the
Bangladesh to launch three mega infra projects
Bangladesh is all set to launch three major infrastructure projects, including a power plant and Railway Links, with financial assistance from India and the projects will be launched during Bangladesh Prime Minister Sheikh Hasina’s upcoming
L&T secures large water treatment orders in Uttar Pradesh
Larsen and Toubro (L&T) has secured significant orders in the water and effluent treatment segment within the domestic market. The company's construction arm, L&T Construction, has been awarded a major contract to construct a water supply scheme for
Karnataka govt offers 100-acre land to Foxconn for iPhone assembly plant
Karnataka government has proposed a 100-acre land parcel in Tumakuru district to Foxconn Industrial Internet (FII), a prominent Taiwanese iPhone manufacturing company. The land, provided in the Japanese Industrial Park (JIP), will serve as the site
Himachal govt to invest Rs 3,000-cr for tourism infra in Kangra Valley
Himachal Pradesh government has announced a significant investment of Rs 3,000 crore to boost tourism in lesser-known destinations, with a special focus on Kangra valley, which is now being declared as the 'tourism capital' of the state. Recognizing
Madhya Pradesh govt floats tender for auction of 51 Mineral Blocks
The government of Madhya Pradesh has achieved a remarkable milestone by floating a tender for the auction of 51 mineral blocks in a single tranche. This marks the highest number of blocks ever notified for auctions in the country. The mineral blocks
JSW Steel eyes 20% stake in Teck Resources' Steelmaking Coal Business
JSW Steel is planning to make a bid for a 20% stake in Teck Resources' steelmaking coal business based in Canada. Preliminary interest has been expressed by JSW, and negotiations with banks are underway regarding potential financing for the approximately
India requires Rs 845-880 lakh-cr infrastructure investment to match China's growth
The Council of Ministers has proposed that India needs an investment of Rs 845-880 lakh crore between 2023 and 2047 to match China's infrastructure development and financial growth. The recommended roadmap includes targets to increase
