urban infrastructure investment
According to the Joint Secretary and Mission Director, Ministry of Housing and Urban Affairs, Kunal Kumar, India needs around USD 700 billion of investment from 2021 to 2031 to boost its urban infrastructure services like Urban Mobility, Affordable Housing, Water Security, Clean India Mission and Smart Cities Mission. The broad objective is to demonstrate India's innovative case studies and attract investments to India, fostering market access for other countries. India is a USD 3 trillion economy and aggressively moving towards becoming a USD 10 trillion economy by 2030 and one of main constituents of this growth will be a massive urbanization happening in the country. Rapidly urbanizing India presents exciting investment opportunities for private sector in Indian cities to address several challenges like improving quality of urban services such as water, sanitation, urban transport and planned development of land resources. The Central government since 2014, has already invested USD 160 billion on creating and upgrading urban infrastructure and ensuring ease of living for the citizens. India‘s investment in the urban sector has jumped by over 600% during 2014-2021 as compared to 2004-2014. Urban Development is the key to India‘s growth story because it needs productive, liveable cities that ensure ease of doing business. The Government has created a National Infrastructure Pipeline (NIP) for infrastructure projects worth USD 1.5 trillion to be completed during 2020-25. Major focus of NIP is across energy (24%), roads (18%), urban (17%) and railways (12%). Each of these urban missions present opportunities for global companies to invest and grow. With total investments worth USD 28 billion, the Smart Cities Mission is realizing the vision of 100 smarter Indian cities in addressing the challenges of increasing urbanization and ultimately the plan is to cover more than 4,000 cities across the country.
Lulu group, which has built five shopping malls in India worth over ₹7,000 crore, now plans to develop about a dozen more malls as the group sees huge growth opportunities in the Indian retail sector. Director-shopping malls in India, Shibu Philips

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The Union Territory of Jammu and Kashmir is all set to award ₹3,732 crore urban infrastructure projects in the twin cities of Jammu and Srinagar, which are being developed under Smart Cities Mission. As of now four projects worth ₹1,233.03 crore in Jammu Smart City

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Real estate builder, Kolte-Patil Developers, has recently planned to build a residential housing project on an area of 25 acres at Kiwale in Pune. For the project, it has acquired Pune-based Sampada Realities, which owns the land parcel with residential development

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JMC Projects, which is a subsidiary of Kalpataru Power Transmission Limited, claimed to have secured new orders involving an investment worth ₹1,524 crore in the construction and water infrastructure segments, CEO & Managing Director, JMC, SK Tripathi

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The NCR based real estate builder, MKS Ventures, has planned to invest ₹200 crore in developing group’s first residential plots in Sector-2, Sohna on the southern fringes of Gurgaon The land parcel on which it is building a plotted housing project

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Today, when we are at the crossroads of the past, present, and future, it is imperative to assess how our Industry (civil engineering, architecture, design, technology etc) will shape infra developments in the future. With the theme: “The Future” we intend to

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Given the steady management of COVID-19 outbreak, the India Chapter of American Concrete Institute (ICACI) has decided to hold an in-person conference in early October 2022 to provide industry professionals with an overdue opportunity to meet

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Invest India, a national investment promotion and facilitation agency, has signed a MoU with Singapore's Infrastructure Asia to jointly work

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The Municipal Corporation in Coimbatore has decided to set up a construction and demolition waste processing plant at Vellalore. Commissioner, MCC

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Madhya Pradesh government has signed a memorandum of understanding (MoU) with National Highway Authority of India to set up 14 ropeways

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Real estate builder, Migsun Group, has planned to build a ₹700 crore warehousing project spreading across 4 million square feet in six towers

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The Abu Dhabi-based Lulu Group International has rolled out ₹14,000 crore expansion plans for India. Chairman and MD of Lulu Group, Yusuffali

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Maharashtra government has allowed Mumbai Metropolitan Region Development Authority (MMRDA) to raise ₹60,000 crore in loans to funds its upcoming and

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ICEMA released a first-of-its-kind CE Industry Catalogue. The Catalogue was released by Shri Nitin Gadkari, Minister for Road Transport & Highways

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Hyderabad-based construction firm, DEC Infrastructure and Projects (India) has emerged as the lowest bidder for the construction of Executive Enclave

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Sree Kailas Group has partnered with Indospace, a renowned developer of industrial parks and warehouses, to set up a six-lakh sq

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Prime Minister Narendra Modi has laid foundation stones for various development initiatives and inaugurated projects involving ₹16,800

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L&T Construction has bagged a major contract to build data centres of capacities worth 10.8 MW in Navi Mumbai involving an investment of about

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Dr. Raghupati Singhania, Chairman & MD, JK Tyre & Industries Limited was conferred with the prestigious ‘Inspiring CEO of 2022’ at

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The Prime Minister has laid the foundation stones of multiple projects in Varanasi worth ₹1,200 crore including widening the existing four lanes road

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