05 Jul 2026

AFC Furniture Solutions has announced plans to expand its operations in Maharashtra beyond Mumbai, focusing on Pune's technology corridors and Nagpur's MIHAN industrial zone. The office furniture manufacturer expects western India to contribute 25–30% of its revenue, supported by growing demand from Global Capability Centres (GCCs), industrial occupiers and commercial developments. The expansion aligns with the Maharashtra GCC Policy 2025 and increasing office leasing activity in Pune, where GCCs accounted for 69% of total office absorption during the first quarter of 2026. The company also plans to strengthen its presence through partnerships with developers, architects and corporate occupiers across the state.Read more

05 Jul 2026

• Union Minister Dr. Jitendra Singh inaugurated four advanced research and development facilities and laid the foundation stone for a 44.46 crore hostel complex at CSIR-IICT, Hyderabad.
• The new facilities focus on fluorochemicals, sustainable engineering, continuous chemical processing and wastewater treatment, with an emphasis on translating research into industrial applications.
• The minister highlighted the growing role of science in converting agricultural waste into value-added products, promoting clean energy, circular economy and industrial innovation.
• He stressed stronger collaboration between research institutions, industry, startups and MSMEs to accelerate technology commercialisation and support India's economic growth.Read more

Kochi News Desk

05 Jul 2026

The National Highways Authority of India (NHAI) has launched a comprehensive drainage initiative to address recurring flooding and waterlogging along NH-66 in Ernakulam, expanding a wider flood mitigation programme being implemented across Kerala. The project aims to improve connectivity between highway drains and natural water channels, tackling one of the key causes of monsoon flooding. By working with district administrations and local bodies, NHAI hopes to strengthen climate resilience, protect highway infrastructure and provide long-term relief to residents living along the busy national highway corridor.Read more

Hyderabad News Desk

05 Jul 2026

• Hyderabad's Rajiv Gandhi International Airport has proposed a revised passenger fee structure that introduces User Development Fee (UDF) for arriving passengers alongside existing departure charges.
• The proposal, submitted to the Airports Economic Regulatory Authority (AERA), aims to redistribute airport charges without increasing the total fee payable by most travellers.
• The revised tariff framework is intended to support the airport's next phase of expansion, including a new terminal and runway.
• The proposal will take effect only after AERA reviews stakeholder feedback and issues its final approval.Read more

04 Jul 2026

The Union Cabinet has approved the construction of the 117.7-km Kanpur–Kabrai access-controlled greenfield highway in Uttar Pradesh at an estimated cost of INR 7,145.14 crore. The project, to be implemented by the National Highways Authority of India (NHAI) under the Build-Operate-Transfer (BOT-Toll) model, forms a key section of the Bhopal–Kanpur Economic Corridor. Designed for future six-laning, the highway is expected to significantly reduce travel time, strengthen freight movement, improve regional connectivity and support industrial growth across Uttar Pradesh and Madhya Pradesh.Read more

04 Jul 2026

Wheels India Ltd plans to invest around INR 300 crore during FY27 to expand its presence across the tractor, wind energy, hydraulic cylinder and air suspension businesses. Speaking at the company's 67th Annual General Meeting, Chairman and Managing Director Srivats Ram said the air suspension segment recorded strong double-digit growth in FY26, supported by higher electric vehicle (EV) adoption, fleet modernisation, intercity transport expansion and increased demand for air-conditioned sleeper buses. The company also expects continued momentum in its car wheels business and remains optimistic about growth in wind energy components despite concerns over commodity price inflation linked to geopolitical tensions in West Asia.Read more

04 Jul 2026

Mumbai's Matunga-Sion corridor is witnessing renewed interest from developers, investors and homebuyers as redevelopment activity and major infrastructure upgrades strengthen its residential appeal. The micro-market, known for its established social infrastructure, educational institutions and central location, is transitioning from an ageing housing stock to modern residential developments. Industry executives say improved connectivity through the Sion-BKC elevated road, Mumbai Trans Harbour Link (Atal Setu), Coastal Road and Metro network, combined with limited land availability and sustained demand, is supporting long-term capital appreciation. The corridor's strategic location between South Mumbai, western suburbs and key commercial districts is also reinforcing its position as an emerging high-growth residential destination.Read more

03 Jul 2026

Coal India Limited (CIL) will invest INR 1,900 crore in research and development by FY2030 to modernise mining operations, improve productivity and reduce emissions. The state-owned miner will focus on clean coal technologies, mine repurposing, rare earth mineral recovery and sustainable materials through partnerships with research institutions. The investment includes support for IIT-led projects and ongoing programmes at the National Centre for Coal and Energy Research, strengthening India's mining and industrial infrastructure.Read more

03 Jul 2026

Tamil Nadu has the potential to build an INR 37,000 crore defence electronics industry by 2040, according to a roadmap presented by the Defence Research and Development Organisation (DRDO). The projection estimates the state could capture 20–25% of India's defence electronics market, supported by its manufacturing ecosystem, defence corridor and semiconductor capabilities. The roadmap also outlines an annual export opportunity of up to INR 10,000 crore through expanded electronics, aerospace and defence manufacturing.Read more

03 Jul 2026

State-owned NBCC has awarded nine construction contracts worth INR 955.13 crore during the first quarter of FY27, covering projects across Jammu & Kashmir and West Bengal. The largest order, valued at INR 334.74 crore, is for the first phase of the Central University of Kashmir campus in Ganderbal. The company has also awarded a nearly INR 200 crore township project for Damodar Valley Corporation in West Bengal. Separately, NBCC recently signed an agreement with the Andhra Pradesh government to construct a new Andhra Pradesh Bhawan in New Delhi at an estimated cost of INR 105.5 crore.Read more