23 May 2025

GMR Airports Ltd (GAL) has assumed full control of cargo operations at Delhi airport after the Bureau of Civil Aviation Security (BCAS) withdrew security clearance from Turkish firm Celebi, citing national security concerns. Celebi had been responsible for ground handling and cargo terminal management through its two subsidiaries. This transition ensures seamless continuation of cargo services under GAL's management, through its subsidiary Delhi International Airport Ltd (DIAL). The move reflects growing government oversight in airport security and operations, reinforcing GAL's position as a key operator at Delhi airport.Read more

22 May 2025

The Kerala government is reportedly advancing towards finalising an agreement with DLF Ltd. for the acquisition of Aspinwall House, a historic 180-year-old property in Fort Kochi. This heritage building has been central to the Kochi-Muziris Biennale since it began in 2012, drawing international artists and visitors alike. The Indian Coast Guard has also shown interest in purchasing the property due to its strategic location. However, heritage conservationists and local authorities have voiced concerns about preserving the building's cultural significance. The government is now balancing operational priorities with heritage preservation efforts.Read more

22 May 2025

Bhutani Infra has partnered with Yashoda Hospital to co-develop a large-scale, AI-driven mixed-use project in Greater Noida West, with an estimated investment of INR 1,000 crore, excluding the land cost. The collaboration will result in a futuristic campus featuring a hospital, a 5-star hotel, office and retail spaces. Yashoda Hospital, which owns the 10.25-acre site, will oversee the medical infrastructure, aiming to revolutionise healthcare delivery through predictive and preventive technology. Bhutani Infra, known for several developments in Delhi-NCR, is also co-developing the Noida International Film City with Bayview Projects, promoted by filmmaker Boney Kapoor.Read more

21 May 2025

ZF Wind Power, a division of global technology company ZF, has inaugurated a 13.2 MW test rig for gearboxes and powertrains in Coimbatore, marking a significant milestone in India's wind energy sector. The state-of-the-art facility, the largest of its kind in India, is designed to simulate dynamic load conditions, enhancing the reliability and performance of next-generation powertrain technologies. The investment is part of ZF's broader strategy to drive sustainable energy solutions and bolster India's position in the global wind energy market. The test rig also aligns with ZF Group's plans to establish a cold chamber test facility, further advancing the company's end-to-end solutions capabilities.Read more

21 May 2025

Assam has commenced the implementation of projects valued at over INR 60,000 crore, drawn from the INR 5.18 lakh crore investment proposals received during the Advantage Assam 2.0 summit held earlier this year. Chief Minister Shri Himanta Biswa Sarma, while addressing an MoU-signing ceremony for 20 projects worth INR 22,900 crore, emphasised that the state government expects investments totalling INR 1.50 lakh crore to be realised within the first year of the summit. Key projects in the infrastructure sector, including the Guwahati ring road, Narengi-Kuruwa bridge over the Brahmaputra, and the Guwahati-Silchar express highway, have already received approval. Additionally, MoUs have been signed for projects in waste management, solar power, ethanol production, and a new brownfield plant in Namrup worth INR 10,000 crore.Read more

21 May 2025

To meet the rising demand for urban transport, the Indian Railways has launched surveys to expand suburban railway networks in the Mumbai Metropolitan Region (MMR). The Central and Western Railway zones will see new lines, including one connecting Khandeshwar to the Navi Mumbai International Airport (NMIA) and another from Dahanu to Vadhavan Port. These projects aim to separate long-distance and local trains, reduce congestion, and improve access to new economic zones. The plan is part of a broader effort to support the region's rapid growth and integrate major infrastructure projects like NMIA and the upcoming Vadhavan Port in Palghar district.Read more

21 May 2025

The Uttar Pradesh government made a significant move earlier this week by deciding to fully fund the AMRUT 2.0 scheme in the state's economically disadvantaged urban local bodies. Launched in late 2021 with a five-year horizon, the programme targets improved water supply, sewerage, and green spaces in 762 urban areas. While the central government has committed INR 8,161 crore towards the INR 24,000 crore project, the state will now bear a larger share of the remaining expenses. This decision aims to support newly formed and smaller councils lacking adequate revenue, ensuring equitable urban infrastructure development statewide.Read more

20 May 2025

Chemco Group, a plastic packaging company, has announced plans to establish two new manufacturing plants in Gujarat in collaboration with Kandoi Group of Industries. The project, which involves an investment of INR 450 crore, will see the development of greenfield facilities in Vapi and Dahej. The units will focus on recycling PET bottles into high-performance industrial packaging, utilising a closed-loop system encompassing bottle collection, washing, tape extrusion, weaving, and bag fabrication. The initiative is set to operate on renewable energy, aiming to recycle over 10 million PET bottles daily, thereby promoting circularity and reducing the carbon footprint.Read more

20 May 2025

Andhra Pradesh's State Investment Promotion Board (SIPB) has approved 19 new projects worth over INR 33,000 crore across energy, IT, electronics, tourism, and textiles, expected to create 34,000 jobs. Chief Minister Chandrababu Naidu emphasized real-time tracking of project progress and proposed boosting tourism with 50,000 new hotel rooms and caravan tourism policies. He also pushed for sustainable industries that convert agri-waste into inputs. Major investments include Bondada Engineering (INR 9,000 crore) and Wingtech Mobile in Tirupati, which alone could generate 10,000 jobs. Over the past 11 months, SIPB has cleared INR 5 lakh crore in investments, reflecting the state's renewed focus on sustainable, inclusive industrial growth.Read more

20 May 2025

Kalpataru Projects International Limited (KPIL), a major player in engineering and construction within the power and infrastructure sectors, recently secured new orders valued at approximately INR 2,372 crores. These awards span both its Power Transmission & Distribution (T&D) and Buildings & Factories (B&F) divisions, covering projects in India and international markets. The fresh contracts reflect KPIL's expanding presence in fast-growing EPC markets, including India, the Nordics, and the Middle East. The company's consistent delivery and quality have earned it repeat orders from reputed developers, underscoring its robust execution capabilities and promising growth outlook.Read more