26 Jun 2026

Deep-tech startup Airbound has signed a memorandum of understanding with Andhra Pradesh Drone Corporation to develop a drone delivery network across the Amaravati Capital Region. The initiative will connect Amaravati, Vijayawada and Guntur through drone-based logistics services covering healthcare, e-commerce and commercial deliveries. The project will begin with pilot operations and route mapping before expanding into interconnected drone corridors. The partners aim to enable 10,000 daily drone flights across Andhra Pradesh over the coming year, supporting faster deliveries, improved connectivity, investment opportunities and growth in the state's emerging drone ecosystem.Read more

26 Jun 2026

Global alternative asset manager Alpha Wave Global has exited logistics company Delhivery by selling its entire 1.93% stake through open market transactions worth nearly INR 665 crore. The sale comes days after Nexus Venture Partners reduced its holding in the company through a separate block deal. In another transaction, Mirae Asset Venture Investments sold a 0.97% stake in logistics firm Shadowfax Technologies for about INR 120 crore. Shares of both Delhivery and Shadowfax declined following the stake sales, reflecting investor reaction to the transactions.Read more

26 Jun 2026

Swedish green steel startup Stegra has completed a EUR 1.4 billion (USD 1.59 billion) financing round led by a consortium backed by Sweden’s Wallenberg family. The funding marks a major milestone for the company as it moves ahead with the construction of Europe’s first hydrogen-based steel factory. The financing package received full support from both new and existing investors, along with unanimous approval from Stegra’s lender group. The development comes at a time when several green steel projects across Europe are facing delays or scale-backs due to rising costs and challenges associated with green hydrogen production.Read more

26 Jun 2026

• Five workers have died following the collapse of a warehouse structure in Kolkata, while rescue teams continue efforts to locate and evacuate those trapped beneath the debris.
• Emergency personnel have rescued several individuals since the incident, with search operations involving specialised disaster response teams and heavy equipment.
• Authorities are investigating the circumstances that led to the collapse and assessing structural conditions at the site.
• The incident has raised concerns over worker safety and structural compliance at industrial and storage facilities in the city.Read more

26 Jun 2026

• Logistics major Delhivery has expanded its green mobility initiative by integrating 1,500 electric cargo vehicles into its last-mile delivery operations.
• The electric fleet has been developed in collaboration with Bajaj Auto, marking a push toward cleaner and more efficient urban logistics solutions.
• The move is aimed at reducing carbon emissions, lowering fuel dependency, and improving cost efficiency in high-frequency delivery routes.
• This expansion reflects a broader industry shift toward electrification in e-commerce logistics and sustainable supply chain practices in India.Read more

26 Jun 2026

The Adani Group has announced plans to enter the nuclear energy sector through Adani Atomic Energy, targeting 10 GW of nuclear power capacity by 2035. Chairman Gautam Adani said land has already been identified for the venture as the conglomerate seeks to strengthen its position across India’s energy value chain. The announcement forms part of a broader infrastructure and energy expansion strategy that includes thermal, renewable, hydro, gas and transmission assets, alongside significant investments in ports, airports, data centres and logistics infrastructure.Read more

26 Jun 2026

The Goa Industrial Development Corporation (GIDC) is drafting new building bylaws for industrial estates to improve land utilisation and increase industrial development capacity. The proposed framework will review planning norms such as floor space utilisation, setbacks and construction regulations to enable more efficient use of existing industrial land. The initiative follows recommendations to liberalise industrial building norms and complements ongoing infrastructure upgrades and policy reforms aimed at strengthening Goa’s industrial estates and manufacturing ecosystem.Read more

25 Jun 2026

Viva Energy expects its Geelong refinery in Australia to return to more than 90% of normal operating capacity this week following repairs to a key processing unit damaged in a fire earlier this year. While production is set to recover, the refinery's alkylation unit remains offline and is expected to stay out of service through 2027. The outage is likely to affect the refinery's ability to convert LPG into gasoline, impacting refining margins. Investors reacted negatively to the update, with the company's shares declining during trading.Read more

24 Jun 2026

• Gurugram is planning a new construction and demolition (C&D) waste processing plant, expected to become operational by 2027.
• The facility will help manage rising volumes of construction waste generated by the city's rapid residential, commercial and infrastructure development.
• Civic authorities aim to reduce illegal dumping of debris and improve recycling of construction materials.
• The project will complement the existing Basai C&D waste plant, which has been handling construction waste for several years.
• The initiative is part of broader efforts to strengthen sustainable urban development and waste management infrastructure in Gurugram.Read more

24 Jun 2026

NTPC is pursuing partnerships with nuclear technology providers from France, Russia and the United States as it develops a 30 GW nuclear power programme through its subsidiary, NTPC Parmanu Urja Nigam Limited. The initiative supports India’s target of expanding nuclear generation capacity to 100 GW by 2047. The company is evaluating a mix of indigenous and imported reactor technologies, including small modular reactors, while exploring localisation, supply-chain development and long-term project frameworks to strengthen the country’s nuclear energy infrastructure.Read more

24 Jun 2026

Telangana is increasing its agricultural warehousing capacity to accommodate rising crop production and procurement volumes across the state. The initiative includes the construction of new godowns and expansion of existing storage infrastructure to strengthen post-harvest logistics and commodity handling. Driven by higher agricultural output and expanding irrigation coverage, the programme aims to improve storage management and support procurement operations. State authorities view warehousing infrastructure as a key component of the agricultural supply chain and rural logistics network.Read more

24 Jun 2026

The Centre is planning to establish seven defence manufacturing clusters across India with support from IITs to strengthen domestic industrial capabilities and research-led production. The proposed clusters will connect manufacturers, start-ups, research institutions and government agencies through dedicated innovation and manufacturing ecosystems. Aligned with the industrial strengths of individual states, the initiative aims to support product development, testing, technology transfer and skill creation. The programme forms part of the government's broader effort to expand indigenous defence manufacturing infrastructure and supply chains.Read more

24 Jun 2026

Ambuja Cements has entered into a partnership with UK-based clean technology company Leilac to assess carbon capture and hybrid electrification technology at its Sanghipuram cement plant in Gujarat's Kutch district. The initiative is part of the company's long-term decarbonisation strategy and supports its net-zero emissions target for 2050. The project aims to reduce carbon emissions, lower fuel consumption and increase the use of renewable electricity in cement manufacturing. If the technology proves successful, the facility could be expanded significantly, potentially becoming one of the world's largest industrial-scale carbon capture projects.Read more

23 Jun 2026

The United States has completed its largest clean energy infrastructure project with the commissioning of the USD 11 billion SunZia wind and transmission project spanning New Mexico and Arizona. Developed over nearly 18 years, the project combines a 3,650-megawatt wind farm with a 550-mile transmission line capable of supplying electricity to around one million homes. The project comes at a time when renewable energy developers are facing a more challenging permitting environment in the country. Industry leaders and policymakers have highlighted SunZia as an example of the need for faster approval processes to support rising electricity demand and future economic growth.Read more

23 Jun 2026

Swedish real estate company Logistea has expanded its logistics portfolio with the acquisition of an airside logistics property in Turku, Finland. The asset has an underlying property value of SEK 114 million and generates annual rental income of approximately SEK 10.6 million. Global logistics companies FedEx and DHL account for around 90% of the property's rental income, providing a strong tenant base. The acquisition aligns with Logistea's strategy of strengthening its presence in the Nordic logistics real estate market through assets backed by long-term demand from major logistics and distribution operators.Read more

23 Jun 2026

Terreno Realty Corporation has expanded its industrial real estate portfolio with the acquisition of a property in Hialeah Gardens, Florida, for USD 56.3 million. The transaction reflects continued investor interest in well-located industrial assets across key logistics markets in the United States. South Florida has remained an important distribution and warehousing hub due to its connectivity to ports, airports and major transportation networks. The acquisition aligns with Terreno Realty's strategy of investing in industrial properties located in high-demand coastal markets that support long-term tenant demand and occupancy growth.Read more

22 Jun 2026

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has urged the Centre to increase the royalty of free electricity received from hydropower projects operated by central public sector enterprises, arguing that the current 12 per cent entitlement does not adequately reflect the state’s contribution and environmental costs. During a meeting with Union Power Minister Manohar Lal Khattar in New Delhi, Sukhu also sought the settlement of long-pending energy arrears linked to Bhakra Beas Management Board projects, estimated at 13,066 million units or around INR 7,784 crore. In addition, the state requested central financial assistance for urban infrastructure initiatives, including the proposed HimChandigarh and Aero City projects in Kangra, AMRUT-related schemes, sanitation programmes and a QR-based digital property identification system across urban local bodies.Read more

22 Jun 2026

YKK India, the Indian subsidiary of Japan-based YKK Corporation, will invest USD 150 million to establish a new manufacturing facility at Origins by Mahindra, an integrated industrial township near Chennai. The proposed plant, spread across approximately 149,936 square metres, will become YKK India's third manufacturing unit in the country and is expected to be completed by February 2028. The development marks a significant industrial investment within the 600-acre industrial cluster being developed through a joint venture between Mahindra World City Developers Ltd and Sumitomo Corporation of Japan. The facility will support the production of fastening products serving the apparel, textile and industrial sectors across domestic and international markets.Read more

22 Jun 2026

The Odisha government has approved 20 major investment proposals valued at INR 76,612 crore, covering sectors ranging from green energy equipment and aerospace to steel, pharmaceuticals and advanced manufacturing. Cleared by the High-Level Clearance Authority (HLCA) chaired by Chief Minister Mohan Charan Majhi, the projects are expected to generate employment for more than 500,000 people across the state. Significant investments have been proposed in lab-grown diamond manufacturing, solar equipment production, rare earth magnet manufacturing, steelmaking, power generation and pharmaceutical production. The approved projects are spread across districts including Khordha, Ganjam, Jajpur, Sambalpur, Jharsuguda, Sundargarh, Rayagada and Malkangiri, reflecting Odisha’s continued efforts to attract large-scale industrial investments and diversify its manufacturing base.Read more

22 Jun 2026

• Blue Dart Aviation plans to strengthen its cargo network by expanding operations across five emerging logistics centres in India.
• The company is targeting sectors such as electronics, pharmaceuticals, engineering goods and e-commerce that require time-sensitive transportation.
• The expansion aligns with Blue Dart Aviation's completion of 30 years of aviation operations and its strategy to deepen domestic air cargo connectivity.
• Enhanced network coverage is expected to improve cargo movement between metropolitan markets and fast-growing industrial and consumption centres.Read more