The Prime Minister
The Prime Minister has inaugurated the first Industrial Corridor in South India, located in Tumakuru, as part of the Chennai Bengaluru Industrial Corridor. This project is aimed at promoting the vision of self-reliant India, with a holistic and integrated approach. The National Industrial Corridor Development and Implementation Trust (NICDIT) and the Karnataka Industrial Area Development Board (KIADB) are working together to develop the industrial township in three phases.

The project, which covers a total area of 8,500 acres, comprises of three nodes: Krishnapatnam in Andhra Pradesh, Tumakuru in Karnataka, and Ponneri in Tamil Nadu, with Tumakuru being prioritized for development. Phase A of the project is expected to attract investments worth around ₹7,000 crore over 5-6 years, driving growth and prosperity in the region.

The industrial township in Tumakuru will boast world-class infrastructure, with easy access to transportation links such as the Mumbai-Chennai NH-48, Bengaluru International Airport (115 km away), Tumakuru Railway Station (25 km away), and Mangaluru Port (300 km away). The multi-modal connectivity will ensure seamless movement of raw materials and finished goods.

The project will be a mixed-use development with a combination of industrial, institutional, residential, commercial, and green spaces, making it a self-sustainable and resilient smart industrial city. The Prime Minister highlighted the importance of this project in promoting Atmanirbhar Bharat and advancing the principles of PM-GatiShakti.
Transport infra gets ₹9,000-cr Budget booster in Delhi
The Delhi government has announced an allocation of over ₹9,000 crore in its budget proposals for the transport sector to ensure last-mile connectivity and develop three ISBTs with airport-like facilities. Finance Minister Kailash Gahlot, who also holds

Read more ...

India aims to become global hub of green ship building by 2030
India's Shipping Minister Sarbananda Sonowal has announced that the country aims to become the global hub for Green Ship Building by 2030. The government has set a target for the initial Green Tugs to begin operating in all Major Ports by 2025. These

Read more ...

TTIPL-RVNL emerges as L1 bidder for ₹1,272-cr road contract
The National Highway Authority of India has awarded a project worth ₹1,272 crore to the TTIPL-RVNL consortium, which emerged as the lowest bidder (L1). The consortium comprises TTIPL with a 51 percent stake and RVNL with the remaining 49 percent

Read more ...

TN govt targets ₹9,000-cr for Coimbatore metro rail project
The Tamil Nadu government has taken a step towards the development of the metro rail project in Coimbatore by announcing the allocation of ₹9,000 crore to ensure a smooth flow of funds for the project. Palanivel Thiaga Rajan, the state's finance minister

Read more ...

NHAI to monetize 1,987 km of highways through toll-operate-transfer and InvIT modes in FY24
The National Highway Authority of India (NHAI) plans to monetize 1,987 km of highways in 2023-24 through toll operate transfer and infrastructure investment trust (InvIT) modes. The NHAI has identified 30 National Highway sections as part of its plan

Read more ...

India-Japan inks 300-bn yen bullet train pact
During his recent visit to India, Japanese Prime Minister Fumio Kishida signed a loan agreement worth 300 billion yen (around ₹18,000 crore) with India for the fourth tranche of a Japanese loan to help build the Mumbai-Ahmedabad High Speed Rail Corridor

Read more ...

Maharashtra plans two deep water ports in Konkan region
The Maharashtra government is exploring the development of two new deep water greenfield ports in the Konkan region, near the coastal towns of Vijaydurg and Ganeshgule in the Sindhudurg and Ratnagiri districts, respectively. These ports are intended

Read more ...

Indian Railways to build world-class stations in Rajasthan with ₹9,532-cr investment
The Indian Railways has announced plans to construct multiple world-class railway stations in various areas including Abu Road, Ajmer, Alwar, Asalpur, Jobner, Balotra, Bandikui, Chittorgarh and Dausa in Rajasthan. This ambitious project involves a

Read more ...

RVNL wins ₹1,088-cr contract of HORC Project
Rail Vikas Nigam Ltd. has won the bid to construct Package C-4 of Haryana's Orbital Rail Corridor project. The 4.7 km tunnel section will be part of Haryana's first semi-high-speed rail line, spanning from chainage km 24.880 to km 29.580 near Roz-Ka-Meo

Read more ...

Construction begins on stormwater drainage project in Patna to prevent floods
Construction begins on a new stormwater outfall facility in Patna and neighbouring areas to combat flooding and waterlogging. The project aims to construct 103 drain lines, divided into nine packages, covering a total of 185-km-long drainage

Read more ...

Odisha Govt approves ₹223.98-cr for infra upgrade in heritage city
The Odisha Government has allocated ₹223.98 crore for the development of Puri under the ABADHA scheme, with the aim of transforming it into a "World Class Heritage City." The state minister for works, Prafulla Kumar Mallik, stated that the funds would

Read more ...

NHAI fast-tracks completion of T1 tunnel in Jammu and Kashmir
The National Highway Authority of India (NHAI) has turned its attention to the completion of the 924-meter long tunnel T1 Peerah-Chanderkote, located between Nashri and Ramban in Jammu and Kashmir. The construction work is being carried out on

Read more ...

Vizag airport gets ₹240-cr for new terminal building
The Andhra Pradesh government has approved a proposal to allocate ₹240 crore for the construction of a new terminal building at Visakhapatnam airport, according to Srinivasa Rao, the airport director. The proposal, which also includes the

Read more ...

Vahak leveraging power of digitisation to transform Indian Road Logistics Sector
Vahak, a transport community platform, highlighted key technological interventions needed to bring ease of doing business. In addition to the company’s core AI and ML enabled marketplace, Vahak is coming up with premium services for manufacturers

Read more ...

Afcons celebrates final TBM breakthrough for Delhi-Meerut RRTS project's Package 8
Afcons Infrastructure marked the final breakthrough of tunnel boring machine (TBM) S90 at Begumpul RRTS Station's North Shaft, achieving the fourth of six planned tunnel breakthroughs for Package 8 of the Delhi-Meerut RRTS project. The project

Read more ...

Chandigarh Tricity set to get a ₹10,570 crore metro rail network
Tricity metro rail project worth ₹10,570 crore has received in-principle approval from the stakeholders, including Punjab and Haryana governments, and Chandigarh administration, during a meeting chaired by Punjab governor and UT administrator

Read more ...

MoRTH speeds up ₹7,716-cr UER-II project in Delhi
Union Transport Minister Nitin Gadkari announced that the Urban Extension Road Project (UER-II) has been fast-tracked, with an expected completion by the end of this year. The project is being implemented at a cost of ₹7,716 crore and is being

Read more ...

Singla Constructions wins bid to build six-lane bridge over River Ganga in Bihar
SP Singla Constructions has been declared as the lowest bidder for the construction of a six-lane bridge on the River Ganga between Sherpur and Dighwara, parallel to JP Setu in Patna, Bihar. The company's outlay for the 14.5 km long bridge is ₹3012.27

Read more ...

SANY strengthens its presence in India with new dealership in Karnataka
SANY India, a leading manufacturer of construction equipment, has announced the opening of a new dealership in Bangalore, Karnataka, in association with Masany Infra Equipments LLP. The new dealership will provide sales, service, and spare parts to

Read more ...

Decks cleared for New Garia-Airport Metro line in Kolkata
The construction of the VIP Road of the New Garia-Airport Metro has received the green signal as the Airports Authority of India (AAI) has agreed to hand over the Kolkata airport land, which will be used to divert traffic for the construction of the ramp

Read more ...