22 Aug 2025

Union Minister Shri Nitin Gadkari has stressed that Artificial Intelligence should be applied in preparing detailed project reports (DPRs) for highways, mining and agriculture, pointing to repeated concerns about the poor quality of reports submitted by consultancy firms. He said AI could bring precision and efficiency in surveys, investigations and designs, which form the backbone of DPRs. Gadkari also underlined that AI could be used to analyse road accident data and identify black spots, helping make roads safer. While acknowledging the benefits, he also cautioned against the potential misuse of such technology.Read more

22 Aug 2025

Globe Civil Projects has secured a work order worth INR 222.20 crore from the Haryana Cricket Association for building an international cricket stadium at Lohat in Jhajjar district. The project is scheduled for completion within 24 months and marks the company's first step into the sports infrastructure sector. The contract adds to its recent order book growth, including an EPC project last month valued at INR 172.99 crore for the Central University of Punjab. With experience across railways, education, and civic infrastructure, the company is now expanding its reach into new segments.Read more

20 Aug 2025

Crompton Greaves Consumer Electricals Ltd. has won a significant contract worth INR 49 crore to supply 1,884 off-grid solar water pumping systems to farmers in Maharashtra. The project, awarded by the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), falls under the PM-KUSUM B scheme, a central government initiative aimed at providing clean, reliable irrigation solutions to the agricultural sector. The agreement covers the entire process, from manufacturing and installation to a five-year warranty and a remote monitoring system, positioning Crompton to help meet India's growing demand for sustainable agricultural technology and reinforce its market leadership.Read more

20 Aug 2025

Prime Minister Shri Narendra Modi will inaugurate a new highway project on Friday, featuring a 1.865-kilometer bridge over the Ganga river connecting Aunta (Mokama) and Simaria (Begusarai) in Bihar. The new structure, which was built parallel to the old and damaged Rajendra Setu, will provide crucial connectivity between north and south Bihar. The project is expected to significantly reduce travel time and save heavy vehicles from a detour of up to 100 km. The bridge is a key component of the government's ongoing efforts to enhance road and riverine infrastructure in the state, boosting both economic activity and regional connectivity.Read more

20 Aug 2025

The Union Cabinet cleared a proposal for the development of a new greenfield airport at Kota-Bundi in Rajasthan at an estimated investment of INR 1,507 crore. The project, to be executed by the Airports Authority of India (AAI) using internal accruals, is planned for completion within two years. With a passenger handling capacity of two million annually, the airport is expected to enhance regional connectivity, support Kota's industrial and educational prominence, and contribute significantly to the local economy.Read more

20 Aug 2025

The Madhya Pradesh Industrial Development Corporation (MPIDC) is finalizing a revenue model for office spaces at the upcoming IT Park 4 in Indore's Pardeshipura area. The project, estimated at INR 42 crore, aims to offer seven floors of office space on 30-year leases, targeting tech firms and startups. Bookings are anticipated to commence by September, with expectations to attract over INR 500 crore in investment and generate approximately 4,000 jobs.Read more

20 Aug 2025

SAEL Industries has signed two major power purchase agreements (PPAs) for 880 MW of solar capacity in Gujarat and Punjab, marking a big step in its renewable energy expansion. In Gujarat, subsidiaries of SAEL will supply 480 MW to Gujarat Urja Vikas Nigam Ltd at INR 2.56 per kWh for 25 years, with operations expected within 24 months. In Punjab, a 400 MW solar project will deliver power to Punjab State Power Corporation Ltd at INR 2.97 per kWh under a similar 25-year deal. These projects strengthen SAEL's clean energy portfolio, ensuring stable revenues while supporting India's renewable energy and sustainability targets.Read more

19 Aug 2025

Escorts Kubota is set to transform Noida into a key manufacturing center with a new INR 4,500 crore tractor plant spanning 200 acres. The facility will create employment for 4,000 people in phases and produce tractors, engines, and farm and construction machinery for both domestic and international markets. The initial phase will focus on core production and allied facilities, while the second phase will expand based on demand. Additionally, the company plans to support Kubota's global R&D operations from India, highlighting the country's growing significance in global manufacturing.Read more

19 Aug 2025

CIDCO is advancing plans for a 667-acre Aerocity near the soon-to-open Navi Mumbai International Airport, expected to begin operations in September under Adani Group. Bids have been invited to appoint a master planner and transaction advisor for the project, which will allocate 123 acres each for residential, commercial, and retail zones, alongside offices, warehouses, hotels, hospitals, and entertainment spaces. Strategically connected to the Mumbai Trans Harbour Link, Navi Mumbai Metro, and suburban rail, the Aerocity aims to offer Mumbai a rare, fully planned urban hub. Rising property demand, particularly from aviation professionals, signals strong interest ahead of the airport's launch.Read more

19 Aug 2025

Maharashtra is set to advance its economic development with the 'Third Mumbai' project in Raigad, planned to include education, healthcare, research, and innovation facilities. Chief Minister Devendra Fadnavis emphasized seamless connectivity to Mumbai and encouraged private sector participation through fast-tracked approvals and public-private partnerships. The announcement coincided with the inauguration of Goldman Sachs' expanded office in Worli, highlighting Maharashtra's position in the financial sector. With a focus on AI, quantum computing, and advanced research, Third Mumbai aims to foster growth in both the MMR region and the broader state economy.Read more