Domestic Steel Sector Receives ₹12,900Cr Investment Under PLI Scheme
The Ministry of Steel announced that approximately ₹12,900 crore has already been invested in the domestic steel sector as part of the Production-Linked Incentive (PLI) scheme for specialty steel. This investment is part of the
UP's GBC 4.0 Launches 14,000 Projects Worth ₹10 Lakh Cr
Nand Gopal Gupta Nandi, UP's Minister for Industrial and Infrastructure Development, revealed that during GBC 4.0, over 55% of the launched projects were valued at ₹1,000 crore or more, with 23% exceeding ₹10,000 crore. Among the
Nashik Receives ₹145 Cr for Rural Infrastructure Development
Maharashtra government has allocated ₹145 crore from the district planning committee (DPC) to enhance infrastructure in Sinnar, Manmad, Bhagur, Ojhar, Igatpuri, and other towns in rural Nashik in the upcoming financial year. This allocation
L&T's Hydrocarbon Division Secures Major Orders in Middle East
Larsen & Toubro's hydrocarbon division has secured significant orders from a client in the Middle East, with undisclosed values falling between ₹1,000 crore to ₹2,500 crore. The onshore order entails engineering, procurement, and
Colliers to Construct Infibeam's AI and Technology Hub in Ahmedabad
Colliers has secured a significant assignment to construct Infibeam Avenues' Artificial Intelligence and Technology Extension Hub in Ahmedabad. The project, an extension of Infibeam's AI hub in GIFT City, Gujarat, is slated to be completed
Indo-Japan Intellectual Conclave explores Northeast India's potential
The fourth edition of the India-Japan Intellectual Conclave, themed "North East India, Bangladesh, and the Bay of Bengal Region in the Indo-Pacific: The Way Forward," was held in Shillong, organized by the Asian Confluence in collaboration
Uttar Pradesh to Roll Out ₹10 Lakh Cr Worth of Projects
Uttar Pradesh gears up for the Ground Breaking Ceremony (GBC) 4.0, scheduled for February 19 in Lucknow, with Prime Minister Narendra Modi in attendance. The ceremony will unveil MoUs worth ₹10 lakh crore, spanning 14,000 projects
PM Modi Unveils ₹7300 Cr Development Projects in Jhabua, MP
Prime Minister Narendra Modi dedicated to the nation and laid the foundation stone for multiple development projects worth about ₹7300 crores in Jhabua, Madhya Pradesh. These projects aim to benefit the significant tribal population
NITI Aayog Plans Economic Transformation for Four Cities
NITI Aayog, under the leadership of CEO BVR Subrahmanyam, has laid out a comprehensive plan for the economic transformation of Mumbai, Surat, Varanasi, and Vizag. The objective is to propel India towards becoming a developed economy
Centre Clears 43 Projects in Eco-sensitive Zones in 5 Years
Union Minister Ashwini Choubey informed the Rajya Sabha that the Centre has granted environmental clearance to more than 80% of the proposals for "projects and activities" in the eco-sensitive zones of the country over the last five
DoNER Ministry Approves ₹716 Cr Infrastructure Projects for Tripura
Tripura Chief Minister Manik Saha has announced that the Ministry of DoNER (Ministry of Development of North Eastern Region) has given the green light to five infrastructure projects in the state, totaling ₹716 crore.
NITI Aayog & Netherlands Embassy Release Report on LNG Transport Fuel
NITI Aayog and the Embassy of the Kingdom of the Netherlands unveiled a report titled ‘LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicles’ at India Energy Week. The report is the first outcome of their collaborative
Meghalaya Govt Plans ₹2,500 Cr New Administrative City in Shillong
Chief Minister Conrad K Sangma announced a proposal to allocate over ₹2,500 crore for the development of a new administrative city in Mawdiangdiang, around 12 km from Shillong's city center. The project encompasses road connectivity
PM Modi Unveils ₹1,330 Cr Development Projects in Goa
Prime Minister Narendra Modi inaugurated and laid the foundation stone for development projects worth over ₹1,330 crores as part of the Viksit Bharat, Viksit Goa 2047 program in Goa. The initiatives included the inauguration of the permanent
Responsive Industries Reports Strong Financial Performance for Q3 FY24
Responsive Industries Limited, a leading manufacturer of various products including Luxury Vinyl Plank, Resilient Sheet Vinyl, Synthetic Leather, Synthetic Ropes, and Waterproofing Membrane, has announced its financial results
PM Unveils ₹68,000 Cr Development Projects in Odisha
Prime Minister Narendra Modi inaugurated development projects worth more than ₹68,000 crore in Odisha, focusing on bolstering the energy sector encompassing natural gas, coal, and power generation, alongside vital initiatives
Narendra Modi Unveils Projects Worth ₹11,000 Cr in Guwahati, Assam
Prime Minister Narendra Modi inaugurated and laid the foundation stone for projects worth ₹11,000 crores in Guwahati, Assam, with a key focus on enhancing sports, medical infrastructure, and connectivity.
Funding the Future: India's Interim Budget 2024-25 Targets $134 Billion for Infrastructure Development
Union Finance Minister Nirmala Sitharaman presented the Interim Budget 2024, focusing on infrastructure, agriculture, green growth, railways, youth, and women empowerment, while maintaining fiscal consolidation and continuing capital
NHAI Collaborates with GSI for Geotechnical Consultancy Services
The National Highways Authority of India (NHAI) has signed a memorandum of understanding with the Geological Survey of India (GSI) to provide site-specific geotechnical consultancy services and assist in vetting detailed project reports
PM to Unveil Development Projects Worth Over ₹11,000 Cr in Assam
Prime Minister Narendra Modi will lay the foundation stone for various development projects and inaugurate initiatives totaling more than ₹11,000 crore. The state cabinet approved ₹376.11 crore for the construction of a new
PM Modi Praises Interim Budget 2024-25 for Innovation and Inclusivity
With the ‘mantra’ of ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’ and the whole of nation approach of “Sabka Prayas”, the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Interim Union Budget
Assam CM Meets Nitin Gadkari to Discuss Infrastructure Projects
Assam Chief Minister Himanta Biswa Sarma held discussions with Union Minister for Road Transport and Highways Nitin Gadkari regarding upcoming infrastructure projects, including the Guwahati Ring Road, in the state. The meeting
India's Infrastructure Output Growth Slows to Lowest Pace in December
India's infrastructure output, constituting 40% of its industrial production, expanded at its slowest pace in more than a year in December, attributed to weak performance in crude oil production and electricity generation, revealed
Strengthening India's Logistics Sector for Global Competitiveness
Efficient Logistics India is emerging as an attractive destination for global multinational companies seeking to diversify their manufacturing operations. Efficient domestic logistics play a pivotal role in enhancing both national and international
Union Govt Signs MoU for Parbati-Kalisindh-Chambal-ERCP Link Project
The Union government, along with the state governments of Madhya Pradesh and Rajasthan, signed a tripartite MoU for the revised Parbati-Kalisindh-Chambal-ERCP Link Project at the Ministry of Jal Shakti in New Delhi. After nearly
TVS ILP to develop Rs 125-cr Grade A Logistics Park in Goa
TVS Industrial and Logistical Parks has signed a Memorandum of Understanding (MoU) with the Goa Investment Promotion & Facilitation Board (Goa-IPB) for the development of a cutting-edge Grade A Logistics & Warehousing Park in the Verna
REC-NIIFL signs MoU to fund large infra projects
REC Limited, a leading Non-Banking Financial Company (NBFC) and Maharatna Central Public Sector Enterprise, has partnered with the National Investment and Infrastructure Fund Limited (NIIFL) to enhance financing solutions for renewable
India and UK to Sign Agreement Boosting Infrastructure Funding
India and the United Kingdom are set to sign an agreement to increase London-based capital funds into India's growing infrastructure sector. The UK-India Infrastructure Financing Bridge will focus on national highways, railways, and renewable
Over ₹4.82 Lakh Cr Cost Overrun for 431 Infrastructure Projects
An official report reveals that 431 infrastructure projects, each requiring an investment of ₹150 crore or more, faced a cost overrun of more than ₹4.82 lakh crore in December 2023. According to the Ministry of Statistics and Programme
Ambuja Cements Spearheads Waste Management Initiative in Vadnagar
Ambuja Cements, part of the Adani Group, achieves a milestone in community development by implementing a solid and liquid waste management initiative in Vadnagar village, Gujarat, through the Lighthouse Initiative (LHI). The project
