KEC International bags new orders worth ₹1,373-cr
KEC International bags new orders worth ₹1,373 crore in India and abroad. The orders were secured across the company's various businesses, including railways, civil construction, transmission & distribution (T&D), and cables. In the railways sector
Gujarat plans SPV to build Rs 4,600-cr infra for 2036 Olympic bid
The Gujarat government has decided to set up a special purpose vehicle (SPV) to oversee the planning and execution of various infrastructure projects being planned as part of Ahmedabad's bid to host the 2036 Olympic Games. The SPV will be
India Warehousing Show to be held at Pragati Maidan from tomorrow
In order to highlight achievements, challenges and future prospects of the logistics & warehousing industry, the 12th edition of India Warehousing Show exhibition & conference is coming up with three-days conference scheduled from 14th of June
JSW Cement signs SLL agreement of US$ 50 million with BNP Paribas
JSW Cement, a Green Cement company and part of US$ 23 billion JSW Group, has signed a Sustainability Linked Loan(SLL) agreement to raise USD 50 million (approx. Rs 414 crore) from BNP Paribas, Singapore. This is JSW Cement’s second Green
Tata Motors Finance inks strategic partnership with CJ Darcl Logistics
Tata Motors Finance have entered into a strategic partnership with CJ Darcl Logistics Ltd, a multimodal logistics solutions provider, to extend 125 Cr. Limit for various facilities including vehicle operating lease, invoice financing and fuel financing and
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
Allcargo Logistics Limited, has completed acquisition of 1.50 lakh shares, or 30 percent stake, in Gati-Kintetsu Express (GKEPL) for Rs 406.71 crore. Allcargo’s subsidiary, Gati already holds 70% stake in GKEPL, an express logistics player in India, with presence
Union govt approves two new townships in Uttarakhand
The Union government has approved the establishment of two new townships in Uttarakhand. One will be an industrial township in the Parag Farm area of Udham Singh Nagar, while the other will be an integrated township in Doiwala, Dehradun. These projects
CJ Darcl introduces EVs for intra-city cargo Run
CJ Darcl Logistics has introduced its first electric vehicle (EV) for intra-city cargo movement in Bengaluru marking a pivotal moment towards its unwavering dedication to sustainability and ambition to achieve zero carbon emissions. Nikhil Agarwal
Uttarakhand govt plans greenfield city on 2000-acre land in Kichha
The Uttarakhand government aims to develop five to seven new cities, commencing with a greenfield city project on a 2,000-acre site in Kichha, Udham Singh Nagar. This strategic move is geared towards driving economic growth and creating
PWD Tamil Nadu invites bids for construction of additional court building in Madurai
The Public Works Department (PWD) of Tamil Nadu has invited bids for construction of an additional Court Building in Madurai. The building will consist of a basement and a stilt floor, along with three floors above the stilt floor, specifically designed to
Srinagar to get 80km of walking space under Smart Cities Mission
Srinagar is set to get around 80 kms of dedicated walking spaces and water transport and electric buses under the Smart Cities Mission. The city is implementing cycling tracks, a robust sewerage system, and an underground electricity network
Odisha CM inaugurates industrial units & lays foundation stones for Rs 3,600-cr projects
Chief Minister Naveen Patnaik inaugurated four industrial units and laid foundations for 17 projects in Odisha. These initiatives represent a combined investment of Rs 3,600 crore and have the potential to generate employment opportunities for
Indian Govt inks USD 141.12-mn loan pact with ADB
The Asian Development Bank (ADB) and the Indian government have officially signed a loan agreement amounting to USD 141.12 million. The loan aims to support the development of high-quality infrastructure in three industrial clusters located
Nitin Gadkari: India to become super economic power with futuristic infra and PPP
Speaking at the CII Annual Session 2023, Shri Nitin Gadkari, Minister of Road Transport and Highways, emphasized the rising potential in India's tourism sector, citing the well-functioning road and transportation connectivity that has made tourism
Telangana govt sanctions Rs 276-cr for Mahabubnagar Municipality's drainage system
The Telangana government has approved Rs 276 crore for the construction of an underground drainage system in the Mahabubnagar municipality zone. Excise Minister V Srinivas announced that tenders would be floated soon for the construction of
DSIIDC initiates infra development in Kanjihawala Industrial Area on 920-acre land
The Delhi State Industrial and Infrastructure Development Corporation has commenced preliminary work on a 920-acre land parcel in the Kanjihawala industrial area in Delhi. The corporation is currently in the process of hiring a consultant to provide
Mahindra Logistics and LOGOS transform Luhari warehousing facility towards Net-Zero
Mahindra Logistics Limited (MLL) along with LOGOS – Asia Pacific logistics specialist and Venture partner Ivanhoe Cambridge, transforms warehousing facility, in a single park, towards net-zero. With this transformation in Luhari, MLL’s total renewable
LOGOS in JV to build 77-acre Logistics Park at Chakan in Pune
LOGOS, a prominent Asia Pacific logistics real estate company, and its venture partner, Ivanhoe Cambridge, have successfully acquired a 77-acre industrial land parcel in Pune's Chakan industrial area. The purpose of the acquisition is to develop
UPSIDA announces Rs 40,000-cr investment plan for phase-I development
The Uttar Pradesh State Industrial Development Authority (UPSIDA) has unveiled investment proposals worth Rs 40,000 crore for Phase-I of their development plan. The identified land for these proposals will soon be made available to the investors
Infrastructure Conference by ASSOCHAM concludes, highlighting need for reforms & competency-based approach in sector
The Annual Flagship Infrastructure Conference cum Awards organized by ASSOCHAM concluded, shedding light on the need for reforms and a competency-based approach in the infrastructure sector. The infrastructure sector plays a crucial role
Centre secures space for Rs 30,000-cr low cost housing in AP
Andhra Pradesh government has recently agreed to make available a land parcel to the Central government to build housing units for 30 lakh poor families at a sum worth Rs 30,000 crore under the Prime Minister Awas Yojana (PMAY) scheme
Rivigo launches its first express hub
Rivigo, by Mahindra Logistics, launched its first Express Hub in Bhiwandi. Followed with Luhari and Pune, these new processing centres are a part of Mahindra Logistics large format, multi-client warehouse that offer state-of-the-art infrastructure and
J&K launches Rs 3,000-cr infra upgrades in Srinagar city
The administration of Jammu & Kashmir's Union Territory has embarked on a Rs. 3,000 crore infrastructure upgrade in Srinagar City. An official spokesperson has expressed that upon the completion of this ambitious project, the markets of
PSP Projects secures Rs 317-cr contract for Dharol Dam Development in Gujarat
PSP Projects has secured a contract worth Rs 317.13 crore from the Water Supply and Kalpsar Department of Gujarat. The project entails the development of the Dharol Dam region, which includes the construction of roads, infrastructure, and
PM launches Rs 4,400-cr infra projects in Gujarat
The Prime Minister has inaugurated and laid the foundation stones for various projects in Gandhinagar, Gujarat, worth a total of Rs 4,400 crore. The projects span across different departments, including urban development, water supply
Ambuja Cements to expand capacity by 8MMT with focus on green initiatives
Ambuja Cements, a part of the Adani Group, has announced plans to expand its clinker capacity by eight million tonnes at the Bhatapara and Maratha units. The expansion includes the installation of 42 MW of waste heat recovery systems (WHRS) and
Sumadhura Infracon to build 100-acre warehouse in Bangalores
Sumadhura Infracon, a Bangalore-based builder, has announced plans to develop warehousing and industrial projects in phases on a 100-acre area on the outskirts of the city. This marks the company's entry into the warehousing sector, with the
Mahindra Logistics launches Cargo Charter operations in Dubai to serve Middle East
Mahindra Logistics Ltd. (MLL) announced the commencement of Cargo Charter operations in the Middle East, headquartered in Dubai. "In line with our vision of enhancing our services, we are pleased to launch our Cargo Charter operations, based
PM launches multiple rail & road projects in Rajasthan
The Prime Minister initiated multiple rail and road projects in Rajasthan by laying foundation stones for various projects. The road projects include the upgradation of two-lane roads in Rajsamand and Udaipur, as well as the two-laning of the 89 km Charbhuja
Foxconn to build infrastructure for 300-acre plant in Bangalore
Foxconn Hon Hai Technology India has acquired a 300-acre land parcel in the Information Technology Investment Region (ITIR) in Devanahalli taluk of Bangalore Rural District for an investment of Rs 300 crore. The iPhone manufacturer
