CICEE 2023 Spring Symposium held in Beijing
The Organizing Committee of the Changsha International Construction Equipment Exhibition (CICEE) held a Spring Symposium in Beijing. Representatives and experts from various national business associations, such as the China Construction Industry Association
New Noida Economic Hub to be Built Along Eastern Peripheral Expressway
The Uttar Pradesh government, in partnership with the Centre, is focusing on building a new economic hub in Noida-Greater Noida, known as New Noida. This area will be located on either side of the Eastern Peripheral Expressway and will feature two
PM Modi launches ₹38,000-cr infra projects in Mumbai
Prime Minister Narendra Modi has inaugurated and laid the foundation stones for a series of infrastructure, transportation, and healthcare projects worth over ₹38,000 crore in Mumbai. He also dedicated the Mumbai metro rail Lines 2A and 7, worth around
PM launches ₹6,000-cr infra projects in Karnataka
During a recent visit to Karnataka, the Prime Minister launched several construction and infrastructure projects worth a total of ₹6,000 crore. Included in these projects is the laying of the foundation stone for a 65.5 km section of NH-150C, a 6-lane greenfield
Telangana govt awards contracts for TIMS Construction at Sanath Nagar, L B Nagar and Alwal
Telangana government has awarded contracts for the construction of Telangana Institutes of Medical Sciences (TIMS) at three locations, Sanath Nagar, L B Nagar, and Alwal. The contracts, which are worth a combined investment of ₹2,679 crores, have been awarded
NaBFID targets ₹15,000-cr infra spend in current quarter
The National Bank for Financing Infrastructure and Development (NaBFID), a new development finance institution (DFI), plans to advance ₹15,000 crore to infrastructure projects in the current quarter. The company's CEO, Rajkiran Rai, stated that NaBFID already
Parvatmala Yojana receives 250 proposals, 8 projects worth ₹4,000-cr prioritized
The National Ropeway Development Programme, also known as the Parvatmala Yojana, has received a high level of interest from investors, with around 250 proposals submitted to the Ministry of Road, Transport, and Highways. Ropeways, which are traditionally seen
Bauma Conexpo India’s Bharat Nirman Mahotsav tour kicks off
The Bharat Nirman Mahotsav tour, a one-of-a-kind journey aimed at meeting and interacting with construction and infrastructure contractors across 17 cities over the next 20 days, was flagged off today at India Habitat Centre, Delhi, by Lt. Gen Rajeev
Assam CM inaugurates ₹1,776-cr infra projects in state capital
Assam’s CM has laid the foundation stones for seven major infrastructure and construction projects in the state capital at an investment of ₹1,776 crore. These projects include the construction of a new Raj Bhavan at Kharghuli, a new Police Commissionerate
India and ADB seal $1.22-bn infra funding deal
The Indian government and the Asian Development Bank (ADB) have signed loan agreements worth $1.22 billion to fund infrastructure projects in various states across India. The agreements will cover projects in the energy and power sector, roads and highways
L&T Const awarded ₹5,000-7,000-cr irrigation contracts in Madhya Pradesh
Larsen and Toubro's water and effluent treatment business has received repeat orders from the government of Madhya Pradesh to carry out two lift irrigation projects in the Dewas and Dhar districts. The projects, which have an estimated cost of ₹5,000-7,000 crore
ACC Limited introduces ACC ECOMaxX range of green concrete solutions
ACC Limited, a cement and building materials company and part of the Adani Group, has announced the launch of ACC ECOMaxX, a range of green concrete solutions that aims to contribute to the sustainable construction needs of contractors, developers
Indian govt approves ₹4,000-cr for infra projects under PM Gati Shakti
The Indian government has approved the disbursement of ₹4,000 crore for infrastructural projects under the PM Gati Shakti Scheme. This funding will be provided as part of the "Scheme for Special Assistance to the States for Capital Investment for
India's core sector growth rebounds to 5.4% in November
India's core sector, which includes industries such as coal, fertilizers, steel, cement, and electricity, saw a rebound in growth to 5.4% in November, up from a 20-month low of 0.9% in October. This is expected to lead to an expansion in overall
Govt approves ₹2,700-cr for rejuvenation of Ganga and tributaries
The Indian government has approved projects worth ₹2,700 crore for the rejuvenation of the Ganga River and its tributaries under the National Mission for Clean Ganga (NMCG). Of the approved projects, 12 pertain to the development of sewerage infrastructure
Tata Steel and TuTr Hyperloop inks MoU for Large-Scale Hyperloop Development
Tata Steel and TuTr Hyperloop have signed an MoU to collaborate on the development and implementation of large-scale Hyperloop technology, with a focus on key design and material challenges. The Hyperloop is a potential future option for fast, low-cost, and
ADB–TN inks ₹1,025-cr water infra funding pact
The Asian Development Bank (ADB) has signed a loan agreement with the Indian government for $125 million (approximately ₹1,025 crore) to improve sewage collection and treatment, and drainage and water supply systems in three cities in Tamil
MMRDA announces ₹2,700-cr infra projects
The Mumbai Metropolitan Region Development Authority (MMRDA) has announced plans to build infrastructure projects worth ₹2,700 crore in Thane, Palghar, and Bhiwandi. The authority has issued a tender seeking the appointment of an experienced agency
Bharathi Cement opens fully automated Cement Terminal in Coimbatore; launches QUICKCEM green cement
Bharathi Cement Corporation Pvt. Ltd., a group company of VICAT France, inaugurated its 0.75 MTPA bulk cement terminal in Coimbatore on 10th Oct’22 to serve the major market of Tamil Nadu and Kerala. The terminal was inaugurated by Guy
ACC Ametha Project to be commissioned by March 2023
ACC Limited records Cement Volume growth of 4% and Net Sales increase of 7% in quarter ended Sep 2022; Ametha Integrated Project to be commissioned by March 2023. ACC, the building materials arm of the diversified Adani Group, announced
RLDA begins work on India's first Multi-Modal Transportation Hub in Surat
The Indian Railways has begun construction on the first phase of India's first multi-modal transportation hub (MMTH) in Surat. The project, which has been approved by the Rail Land Development Authority (RLDA) at a cost of ₹8.78 billion, will be
Singapore investors commit ₹20,000-cr to various sectors in UP
Investors in Singapore have committed to investing approximately ₹20,000 crore in various sectors, including logistics services, infrastructure, hyperscale data centers, inland waterways, and logistics and warehousing, in Uttar Pradesh
Lt. Governor approves projects to improve Delhi’s infrastructure
Delhi Lt. Governor V.K. Saxena has approved a number of proposals for infrastructure projects aimed at transforming the national capital's skyline. These projects, which include the re-development of GPRA Colony in Srinivaspuri and
Purvbanchal Cement plans ₹200cr expansion, including new grinding unit in Bengal
Purbanchal Cement, a company based in Assam, has announced plans to invest ₹200 crore in acquisition and expansion over the next few years, including the establishment of a grinding unit in West Bengal. The company, which is a part of
PM launches ₹6,800-cr infra projects in NE
The Prime Minister of India has launched projects worth ₹6,800 crore in the states of Meghalaya, Tripura, Manipur, and Arunachal Pradesh. The projects cover a range of sectors, including housing, road construction, agriculture, telecom, IT, tourism, and
CapitaLand India to build ₹1,940-cr data centre in Chennai
CapitaLand India Trust Management has announced plans to invest ₹1,940 crore to develop a 55 MW data center in Ambattur, Chennai. The company has acquired a 4.01-acre plot for ₹80 crore to build its third data center in India, which
Master plans for three more UP cities presented for govt approval
Master plans for three more cities in Uttar Pradesh have been finalised and presented to the state government for final approval. The plans for Kanpur, Azamgarh and Hapur will focus on spatial planning, public health facilities, water
BBI sets up automated brick making plant in Maharashtra
Galaxy Group's Building Bricks India (BBI) has set up an automated brick making plant in Karjat, Maharashtra, the first of its kind in the country. The plant, which covers 10 acres, will use the latest Japanese and German robotic
PM kick-starts multiple infrastructure projects in Maharashtra
The Prime Minister of India has launched multiple infrastructure projects in Maharashtra. He inaugurated the first phase of the 520 km Hindu Hruday
Noida inks pacts with 50 companies & targets ₹60,000-cr investment
To achieve the target of ₹60,000 crore investment for next year’s UP Global Investment Summit, the Noida Authority has signed MoUs with around 50 companies, including Godrej Properties and M3M, for ₹25,800 crore worth investments.
