IKEA
Ingka Centres, part of the Ingka Group, which also includes IKEA Retail and Ingka Investments, will invest around ₹3,500 crore amounting to €400 million to build 1.3 lakh sq meter mixed-use developments in Gurugram. Construction of the project, which it calls 'meeting place' will start shortly and is expected to welcome more than 20 million people annually. Ingka Centres says its move to India is a part of its strategy to expand into new markets and to shape a portfolio of retail-led destinations that are suitable for future expansion of its businesses. MD, Ingka Centres, Cindy Andersen, informed that India is an exciting opportunity for it and its partners to bring new experiences to customers and to develop meeting places that bring value to communities and the planet. Ingka Centres 52nd meeting place will be developed under the new Livat brand and will offer a mix of hospitality, food and beverage, edutainment learning spaces, alongside a wide retail offer anchored by an IKEA store. The company says it will work closely with local authorities to enable convenient and direct access to the metro.
Water treatment solutions provider, Va Tech Wabag, has bagged a USD 100 million contract from Green EPC for a desalination project in Dubai

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The Delhi Development Authority has unveiled the Budget Estimates for the next fiscal (FY2022-23) with an annual outlay of ₹7,933 crore and receipts

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KEC International, a global infrastructure EPC major, has secured new orders worth ₹1,112 crores in its various business segments

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Dalmia Cement (Bharat) Limited, a leading Indian cement major and a subsidiary of Dalmia Bharat Limited, has announced the commencement of

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Ahmedabad Urban Development Authority has planned to build urban infra projects worth ₹1,900 crore largely related to water supply, drainage

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RITES Limited, a leading Transport Infrastructure Consultancy and Engineering company, and the Indian Institute of Technology, Roorkee, have entered

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The Delhi Government has planned to build 30 to 35 floors twin towers at ITO at an estimated cost of ₹1,910 crore. The new buildings will be constructed

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The construction sector is expected to grow in double digits at 10.7 percent in FY22 in a recovery from a contraction of 8.6 percent last year, aided by

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Karnataka Government has approved 87 industrial projects worth ₹4,236.26 crore thereby opening up huge job generation avenues to the locals

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IRB Infrastructure Developers’ wholly-owned arm Meerut Budaun Expressway Private Limited has executed a concession agreement with the Uttar Pradesh

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KEC International Ltd has secured new orders worth ₹1,025 crores across various businesses including an order for infra works in the Metals &

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Dilip Buildcon has secured ₹2,683.02 crore project from Coal India’s wholly-owned subsidiary, South Eastern Coalfield Limited (SECL) in Madhya Pradesh. Dilip Buildcon has already received an LOA for OB removal

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Prime Minister laid the foundation stones of multiple projects from road infrastructure, urban development, housing and drinking water supply worth

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Haryana Government has planned to launch a 1,000 acres Global City project in Gurgaon and the tendering process for the project is set to start

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The Prime Minister has launched 17 infrastructure projects of over ₹14,100 crore covering sectors like road, housing, health infrastructure, industry

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The consumer supply-chain firm Steller Value Solutions is setting up 200 integrated logistics parks in 50-million sq ft space across 21 major cities

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GHMC is building signal-free highways to tackle traffic woes across the city, informed Mayor Gadwal Vijayalaxmi. Under the SRDP program, the civic body is undertaking developmental works to the tune of ₹8,000 crore, of which ₹2,000 crore

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Prestige Group has signed a civil contract worth ₹1,560 crore with Larsen and Toubro (L&T), for construction of buildings and infrastructure development at the Prestige City, Bengaluru. The scope of work includes construction

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Century Plyboards (India) has decided to set up a new integrated wood panel manufacturing plant at YSR Kadapa district in Andhra Pradesh involving an investment of ₹1,600 crore, Chairman, Sajjan Bhajanka informed that

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The Ministry of Road Transport and Highways of India (MoRTH) has planned to invest a whopping sum worth ₹7 trillion on infrastructure projects in the next 2-3 years. The investment opportunities are across multiple asset classes such

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