UP Ranks Among Top 3 States Contributing to India's MSME Sector: CBRE

CBRE
CBRE South Asia Pvt. Ltd., a leading real estate consulting firm, has released a report titled "MSMEs: Unleashing the Engines of Economic Prosperity," highlighting the significant contribution of Micro, Small, and Medium Enterprises (MSMEs) in India's economy. According to the report, Uttar Pradesh (UP) has secured a position among the top three states contributing to the MSME sector, holding a 9% share in the country's MSME landscape. The report emphasizes the regional concentration of MSME activities, with Maharashtra, Tamil Nadu, and Uttar Pradesh collectively representing nearly 40% of India's registered MSMEs. The Udyam scheme and policy initiatives have played a crucial role in fostering the growth of MSMEs in Uttar Pradesh. The report also identifies the construction sector as a strategic opportunity for Indian MSMEs, contributing around 8% to the GDP.
Nashik Completes Roadworks on 179 Roads Covering 36km

Nashik Completes Roadworks on 179 Roads Covering 36km

The Nashik Municipal Smart City Development Corporation Ltd (NMSCDCL) has completed work on 179 major and minor roads, covering a total length of 36km at a cost of ₹237 crore. The project aimed to upgrade the city's old civic infrastructure

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Highway Construction Slows in India Due to Election Delays

Highway Construction Slows in India Due to Election Delays

Highway construction in India has slowed significantly in the past two months due to delays in land acquisition approvals amid national elections. Data from the Ministry of Road Transport and Highways shows that 483 km of national highways

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Runwal Unveils Breeze at its Landmark Project in Thane

Runwal Unveils Breeze at its Landmark Project in Thane

Runwal has unveiled Breeze, its finest tower within the marquee project, Runwal Lands End, in Kolshet's premier gated community in the Thane region. Breeze offers over 500 units in 1-2 BHK configurations, with prices ranging from

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Man Industries Secures ₹490 Cr Orders

Man Industries Secures ₹490 Cr Orders

Man Industries, a leading Indian steel line pipe provider for the oil, gas, and water distribution sectors, has announced new orders worth ₹490 crores from both domestic and international clients. These orders, scheduled

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Mumbai Metropolitan Region Set for 34% Growth in Skyscrapers by 2030

Mumbai Metropolitan Region Set for 34% Growth in Skyscrapers by 2030

Mumbai Metropolitan Region (MMR) is set to experience a significant surge in the number of skyscrapers over the next six years. According to the latest data from ANAROCK, MMR will see a 34% increase in buildings with over

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Ministry of Mines Hosts Granite & Marble Mining Workshop in Bengaluru

Ministry of Mines Hosts Granite & Marble Mining Workshop in Bengaluru

The Ministry of Mines recently organized a workshop in Bengaluru that focused on the granite and marble mining sector. The event brought together key figures such as Shri V.L. Kantha Rao, Secretary of the Ministry of Mines, and

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Doka Sets Sustainability Milestone in Formwork and Scaffolding Industry

Doka Sets Sustainability Milestone in Formwork and Scaffolding Industry

Doka, a global leader in formwork and scaffolding, has established itself as a pioneer in sustainability by playing a key role in developing minimum standards for calculating Product Carbon Footprints (PCFs). This milestone represents

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Power Mech Projects Wins 1st Nuclear Power Sector ₹563cr Contract

Power Mech Projects Wins 1st Nuclear Power Sector ₹563cr Contract

Power Mech Projects Limited (PMPL) has announced its inaugural construction project in the nuclear power sector, securing an order valued at ₹563.23 crore. The contract, awarded by BHEL – Power Sector Southern Region, encompasses civil

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LP Logiscience  aims for 50% EV/CNG Fleet

LP Logiscience aims for 50% EV/CNG Fleet

LP Logiscience, the warehousing and 3PL arm of the Liladhar Pasoo Group, has announced a significant transformation of its transportation network. With a focus on eco-friendly solutions, the company aims to achieve a 50% electric

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Ecom Express partners with Skye Air for drone delivery services

Ecom Express partners with Skye Air for drone delivery services

Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, and Skye Air, specializing in drone technology, has announced a partnership aimed at disrupting last-mile delivery solutions. This collaboration

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A.P. Moller & JSW Infra to Form JV for Indian Ports & Logistics

A.P. Moller & JSW Infra to Form JV for Indian Ports & Logistics

Denmark-based infrastructure fund manager A.P. Moller Capital, part of the A.P. Moller Group, has signed a memorandum of understanding (MoU) with JSW Infrastructure to form a joint venture (JV) aimed at investing in and developing

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JK Tyre Opens 12th Brand Shop for Commercial Vehicles in Maharashtra

JK Tyre Opens 12th Brand Shop for Commercial Vehicles in Maharashtra

JK Tyre & Industries Ltd., a leading player in the Indian tyre industry, has inaugurated its 12th brand shop for commercial vehicles in Maharashtra. This new facility, operated by ARM Logistic Solutions Pvt. Ltd., was inaugurated

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GAIL (India) Inaugurates 1st Green Hydrogen Plant in Madhya Pradesh

GAIL (India) Inaugurates 1st Green Hydrogen Plant in Madhya Pradesh

GAIL (India) has inaugurated its first green hydrogen plant at Vijaipur, Madhya Pradesh, marking a significant step in its expansion into new and alternative energy sources. The 10-MW proton exchange membrane (PEM) electrolyser

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RVNL Wins Bid for Six Elevated Metro Stations in Nagpur

RVNL Wins Bid for Six Elevated Metro Stations in Nagpur

Rail Vikas Nigam Ltd. (RVNL) has been selected as the lowest bidder by Maharashtra Metro Rail Corporation (Nagpur Metro) for constructing six elevated metro stations in Nagpur. These stations will be located at Cantonment, Kamptee Police

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394-meter-long ADIT Completes for Bullet Train Project

394-meter-long ADIT Completes for Bullet Train Project

The Additionally Driven Intermediate Tunnel (ADIT) of 394 meter at Ghansoli for Mumbai- Ahmedabad Bullet Train Project, has been excavated. This will expedite the construction of 21 km long tunnel between BKC and Shilphata in Maharashtra.

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Kolkata Metro to Implement Driverless Technology with CBTC System

Kolkata Metro to Implement Driverless Technology with CBTC System

Kolkata Metro, India’s first metro system, is set to implement the Communication-Based Train Control (CBTC) system, enabling driverless train operations on two routes. This advanced signalling upgrade, costing ₹800 crore, will

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Railways Floats Tender for Infra Projects on Solapur-Tuljapur Section

Railways Floats Tender for Infra Projects on Solapur-Tuljapur Section

Central Railway has issued a tender for the construction of major bridges, road over bridges (ROBs), and various civil structures on the Solapur-Tuljapur section in Maharashtra. The project, valued at ₹942.03 crore, includes earthwork

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Navanaami Projects Unveils Luxury Residential Project in Hyderabad

Navanaami Projects Unveils Luxury Residential Project in Hyderabad

Navanaami Projects Private Ltd., a leading real estate developer from Hyderabad, has unveiled "The Megaleio," a luxurious residential project, at a grand event in the city. The project, envisioned as Navanaami's flagship, showcases

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India Ratings Maintains Stable Outlook for Infrastructure Sector in FY25

India Ratings Maintains Stable Outlook for Infrastructure Sector in FY25

India Ratings and Research (Ind-Ra) has maintained a Stable rating outlook for the overall infrastructure sector for FY25, while keeping a Positive outlook on airports. The rating outlook for thermal assets has been revised to Stable

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