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

• CREDAI has supported the proposal to reclassify parts of Visakhapatnam's coastline from CRZ-III B to CRZ-II, citing rapid urbanisation and infrastructure growth in the region.
• The industry body believes the move could help planned real estate development, tourism projects, and investment activity along the coastal corridor.
• Andhra Pradesh authorities have argued that the existing CRZ classification no longer reflects the current development status of the Madhurawada-Bheemunipatnam stretch.
• Several major projects, including the Beach Corridor, Bhogapuram Airport connectivity plans, metro proposals and the Vizag Bay City initiative, have been cited in support of the reclassification.
• Environmental groups, however, have raised concerns over the possible impact on coastal ecosystems, erosion control, and climate resilience.Read more

24 Jun 2026

Resonia, the power transmission infrastructure business that emerged from Sterlite Power, has secured a transmission project in Telangana from Power Finance Corporation. The project is aimed at improving transmission connectivity between Andhra Pradesh and Telangana while supporting the integration of renewable energy from the Kurnool Renewable Energy Zone. The development includes a new 765/400 kV Doma substation, expansion of the Kurnool-IV pooling station, and associated transmission infrastructure. The project is expected to enhance grid flexibility, improve power evacuation capacity, and support the growing renewable energy network in southern India.Read more

24 Jun 2026

• NHAI's highway monetisation programme could receive a major boost as policymakers revisit the Build-Operate-Transfer (BOT) model for upcoming road projects.
• Increased private-sector participation through BOT projects may contribute an additional INR 20,000 crore to monetisation receipts beyond existing projections.
• The strategy is expected to strengthen infrastructure financing while creating a sustainable pipeline for future highway development and asset recycling.Read more

24 Jun 2026

• India added 2.7 GW of rooftop solar capacity in the first quarter of 2026, marking a 125% year-on-year increase driven largely by residential installations.
• Maharashtra and Uttar Pradesh emerged as the leading contributors, supported by rising consumer adoption and policy-backed solar initiatives.
• The strong growth helped India achieve record solar additions during the quarter, highlighting the growing role of distributed renewable energy in the country's clean energy transition.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

24 Jun 2026

The World Bank has approved a loan of INR 4,000 crore for Haryana’s ‘Jal Sanrakshit Haryana’ programme, a large-scale water conservation and irrigation modernisation initiative with a total project cost of INR 5,714 crore. Scheduled for implementation between 2026 and 2032, the programme will cover 15 clusters spanning 48.94 lakh acres across the state. The project includes rehabilitation of canals and water channels, groundwater recharge measures, micro-irrigation upgrades, reuse of treated wastewater and reclamation of waterlogged land. It also proposes crop diversification and the promotion of water-efficient farming practices. Haryana Chief Minister Nayab Singh Saini has directed departments to prepare a comprehensive water management framework, while village-level committees will be established to support implementation and maintenance of water infrastructure across rural areas.Read more

23 Jun 2026

Union Finance Minister Nirmala Sitharaman has inaugurated Northeast India’s largest organic spice processing unit at Bhoirymbong in Meghalaya’s Ri-Bhoi district. Developed by the Eastern Ri-Bhoi Organic Farmer Producer Company, the 10,000-tonne facility is expected to benefit around 5,500 farmers by providing processing, packaging and marketing support for organic spices. The project forms part of broader efforts to strengthen value addition, boost exports and create sustainable livelihoods through the region’s growing organic agriculture ecosystem.Read more

23 Jun 2026

• The Centre has introduced a temporary compensation mechanism to offset the impact of rising fuel, material and logistics costs on National Highway projects.
• EPC and HAM contractors will receive faster and more frequent payments to improve cash flow and project execution.
• Price adjustment calculations will be linked to more recent market data, allowing compensation to better reflect prevailing costs.
• The measures aim to prevent project disruptions, support developers and maintain momentum in India's highway infrastructure programme.Read more

23 Jun 2026

Mumbai is progressing the construction of a six-lane cable-stayed bridge at Dadar to replace the nearly 100-year-old Tilak Bridge. The INR 375 crore project, being executed by BMC and MRIDC, will provide a higher-capacity east-west road connection across railway tracks in central Mumbai. Developed in phases to maintain traffic movement, the twin-bridge structure is designed to address structural concerns and improve corridor capacity. The project forms part of Mumbai’s broader programme to modernise ageing transport infrastructure.Read more