ADB
The Asian Development Bank has approved a ₹2,644.85 crore loan for India to help improve its urban infrastructure services. The funds will support the policies of the Ministry of Housing and Urban Affairs to accelerate universal coverage of piped water supply and improved sanitation. This is a part of the national program Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 and to provide affordable housing to all, including poor, urban migrant and industrial workers, under the flagship mission Pradhan Mantri Awas Yojana. The program will benefit the urban poor, including other disadvantaged, economically weaker sections and low-income groups and aimed at supporting government's agenda in transforming cities into economically vibrant and sustainable communities, continuing ADB's long-term engagement with India to improve basic urban services delivery in various states, Principal Urban Development Specialist for South Asia, ADB, Sanjay Joshi said. Efforts to improve urban water supply, sanitation and affordable housing, and performance based fiscal transfer will help the country accelerate reforms in urban service delivery and COVID-19 recovery initiatives. India's current estimated urban population of 460 million (46 crore) is the second largest in the world and is projected to reach nearly 600 million (60 crore) by 2030, growing at an annual rate of over 2 per cent. As urban areas will continue to contribute over 60 per cent of gross domestic product, cities will become a strong engine of growth for India -- generating economic activity and outputs, creating jobs for a significant volume of workers, improving competitiveness and urban livability, and protecting the environment.
The Central government has plans to build infrastructure and industrial projects with an investment of ₹100 lakh crore, said V K Singh, Minister of State for Road Transport & Highways, during his inaugural address at CII EXCON in Bangalore

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Puducherry Smart City Development (PSCDL), a Puducherry government undertaking, will launch a series of development projects worth ₹300 crore, the contract for which has been awarded to NBCC. The proposals include constructing

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“The infrastructure sector is receiving an intense push from the Government, propelling India’s overall development and GDP. The new policies announced by the Government of India would ensure the time-bound creation of world-class

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Expanding their product range, Indian Tyre major, JK Tyre & Industries Ltd has launched 4 new offerings in their Off-the-Road Tyre Segment at South Asia’s largest construction equipment event Excon 2021 in Bangalore

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Real estate developer Lodha has announced a partnership with Bain Capital and Ivanhoé Cambridge to set up a next-generation green digital infrastructure platform that will invest $1 billion for developing digital infrastructure including logistics and light

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Real estate building major, Macrotech Developers, has plans to invest ₹3,800 crore in various new projects during the current fiscal and has set a target to deliver 10,000 homes by next March, said MD and CEO Abhishek Lodha, adding that

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Gurugram-based real estate builder, JMS Group, has announced the launch of 'The Nation' - plotted residential project in Sector 95, Gurugram in the NCR region under the DDJAY scheme. The 285 units’ residential project offers lucrative

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The Water & Effluent Treatment Business of L&T Construction has secured a repeat EPC order from the Department of Water Resources, Jharkhand, to execute the Masalia Ranishwar Megalift irrigation scheme on a turnkey basis. The project envisages

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KONE Elevators India, a global leader in the elevator and escalator industry, has announced its world’s largest passenger elevator at Jio World Centre

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Assam government has announced multiple infra projects involving ₹7,876.45 crore. The state cabinet has also sanctioned ₹3,107 crore for the construction

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The State Level Single Window Clearance Committee (SLSWCC) of the Karnataka government has approved as many as 60 industrial projects involving

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To build world-class infrastructure along the entire border belt of the country, the government is planning to set up a Border Infrastructure Management

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MG Motor India has partnered with Bharat Petroleum Corporation Ltd to bolster EV charging infrastructure across national highways in the country

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The Prime Minister has laid the foundation stones of multiple infrastructure projects involving ₹20,000 crore investment in Jammu and Kashmir. The projects

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Confederation of Indian Industry (CII) organized a roadshow in Delhi to announce EXCON which witnessed the participation of industry leaders and

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The State High Level Clearance Committee spearheaded by the Karnataka CM has cleared 10 projects involving ₹11,513 crore investment

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The Narmada Water Resources Water Supply and Kalpsar Department has invited bids to develop a 9.3km stretch between PDPU and Shahpur Bridges

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The Asian Development Bank has sanctioned an amount of $76.25 million amounting to ₹551 crore for three specific projects under the Agartala

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Choice Consultancy Services Private Limited, a wholly-owned Subsidiary of Choice International Limited, a diversified conglomerate has won

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SPML Infra Limited has secured several Arbitration Awards of a cumulated amount of ₹712 Crore for the projects from different clients in India

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