Alstom wins €54-mn MRTS Phase-IV contract

Adding to its project portfolio in the country’s metro rail sector, Alstom has recently secured contracts worth €54 million to design, manufacture, supply, install, test, and commission train-control and signalling solutions of Delhi MRTS Phase-IV expansion. The contract covers the metro line starting from Mukundpur to Maujpur (Line 7 ext.) and Aerocity to Tughlakabad Corridor (Line 10) train.

Alstom’s scalable communications-Based train control solutions (CBTC), which work in conjunction with its Automatic Train Supervision (ATS) system, will be installed on these lines. This method is estimated to reduce energy consumption by up to 30% and as a result, CBTC can significantly increase the metro lines’ capacity, effectiveness, dependability, and safety while lowering operating cost for the operators.
JK Tyre Opens 22nd Brand Shop in Tamil Nadu

JK Tyre Opens 22nd Brand Shop in Tamil Nadu

JK Tyre & Industries Ltd has inaugurated its 22nd brand shop in Tamil Nadu, marking an expansion of its last-mile presence in India. The one-stop solution brand shop, named Hindustan Tyres, was inaugurated by Mr. Sanjeev Sharma

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Road execution to grow by 5-8% in FY2025 to 12,500-13,000 km: ICRA

Road execution to grow by 5-8% in FY2025 to 12,500-13,000 km: ICRA

ICRA expects road execution to witness a growth of 5-8% to 12,500-13,000 km, after recording a robust expansion of ~20% in FY2024. The pace of execution in this fiscal will be supported by a healthy pipeline of projects

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Kanodia Group Acquires Land in Gurugram for Luxury Project

Kanodia Group Acquires Land in Gurugram for Luxury Project

Kanodia Group has purchased a 1.74-acre land parcel in Sector 46, Gurugram, for around Rs 153 crore. The group intends to develop a luxury project on this site. Gautam Kanodia, the company's co-founder, stated, "We aim to achieve over

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MGCPL Completes 1st OWG Bridge for Mumbai-Ahmedabad Bullet Train Project

MGCPL Completes 1st OWG Bridge for Mumbai-Ahmedabad Bullet Train Project

M. G. Contractors Pvt. Ltd. (MGCPL) has successfully installed the first open web girder (OWG) truss bridge for Package P1(C) of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project. The bridge, named GAD-31, spans the Indian Railways

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CASE India Rolls Out 20,000th Vibratory Compactor in India

CASE India Rolls Out 20,000th Vibratory Compactor in India

CASE Construction Equipment, a CNH brand, has marked a significant achievement by producing its 20,000th Vibratory Compactor at its advanced facility in Pithampur, Madhya Pradesh. This facility stands as the exclusive manufacturing center

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ICONEQ stresses Self-Reliance, Sustainability & Competitiveness in CE sector

ICONEQ stresses Self-Reliance, Sustainability & Competitiveness in CE sector

The ‘Make in India’ initiative has played a crucial role in development of the Indian Construction Equipment sector, said Sunil Khurana, Conference Chairman & COO, JCB India Ltd at the 1st edition of CII International Conference

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NHAI Hosts Workshop on Sustainable National Highway Development

NHAI Hosts Workshop on Sustainable National Highway Development

NHAI held a national workshop in New Delhi to discuss environmental impact assessment, planning, and mitigation for National Highway development. Shri Anurag Jain, Secretary of Ministry of Road Transport and Highways, was the

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Industrial & Warehousing Leasing Sees Robust Growth in Q1 2024

Industrial & Warehousing Leasing Sees Robust Growth in Q1 2024

During Q1 2024, new industrial and warehousing supply reached nearly 7 million sq ft, marking a two-year high. Delhi NCR accounted for 33% of the new Grade A developments. Mumbai and Chennai led demand, representing about 55% of

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PMC Begins Construction of New Bridge Across Mula-Mutha River

PMC Begins Construction of New Bridge Across Mula-Mutha River

PMC has initiated civil work on a 10-metre-wide bridge parallel to the existing Aga Khan bridge, connecting Kooregaon Park (North Main Road) with Kalyaninagar. The new bridge aims to alleviate traffic congestion in the area

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Brigade Enterprises to Invest ₹400 Cr in Chennai Office Complex

Brigade Enterprises to Invest ₹400 Cr in Chennai Office Complex

Brigade Enterprises has partnered with Agni Estates & Foundations to develop 'Brigade Tech Boulevard', an office complex on Pallavaram-Thoraipakkam Radial Road in Chennai. The investment for this Grade A office space project

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CBRE's 2024 India Market Outlook Foresees Robust Growth in I&L Sector

CBRE's 2024 India Market Outlook Foresees Robust Growth in I&L Sector

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘2024 India Market Outlook’. The report highlights key trends and projections for the Indian real estate sector this

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CNH Unveils Multi-Vehicle Simulator at India Technology Center

CNH Unveils Multi-Vehicle Simulator at India Technology Center

CNH, a global leader in agricultural and construction solutions, has introduced a cutting-edge Multi-Vehicle Simulator (MVS) at its India Technology Center (ITC). This first-of-its-kind simulator in the Indian off-highway segment

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Ambuja Cements to Acquire 1.5 MTPA Grinding Unit at Tuticorin

Ambuja Cements to Acquire 1.5 MTPA Grinding Unit at Tuticorin

Ambuja Cements, part of the Adani Portfolio, has signed a definitive agreement to acquire My Home Group's 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu. The acquisition, valued at ₹413.75 Crores, will be funded through

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TVS ILP invests ₹125 cr in Cuttack Logistics Park

TVS ILP invests ₹125 cr in Cuttack Logistics Park

TVS ILP has invested Rs 125 crore in the upcoming state-of-the-art warehousing facility in Cuttack, Odisha, marking a significant expansion for the company in the eastern markets. The upcoming facility spans 24 acres of land, housing

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Manitou & SSAB Signs Letter of Intent for Fossil-Free Steel Deliveries

Manitou & SSAB Signs Letter of Intent for Fossil-Free Steel Deliveries

Manitou Group, a global leader in handling, aerial work platforms, and earth moving sectors, has announced a letter of intent with Nordic steelmaker SSAB for fossil-free steel deliveries. The deliveries will commence in 2026 and increase

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Experion Developers Unveils Luxury Residential Project in Noida

Experion Developers Unveils Luxury Residential Project in Noida

Experion Developers, a fully FDI-funded real estate developer and subsidiary of Experion Holdings Pte Ltd, Singapore, has announced its new project in Noida, Uttar Pradesh. Acquiring prime land parcels in Sector 45, the developer

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Construction Begins on Victoria Metro Station in Kolkata's Purple Line

Construction Begins on Victoria Metro Station in Kolkata's Purple Line

Construction has started for the Victoria Metro Station on Kolkata's Purple Line, which connects Joka to Esplanade. Following the recent opening of the Joka-Majerhat stretch, focus has shifted to the Mominpur (Excl.) to Esplanade section

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Tata, JSPL, SAIL, AM/NS & JSL bag ₹1,586-cr Railways order

Tata, JSPL, SAIL, AM/NS & JSL bag ₹1,586-cr Railways order

Tata Steel, Jindal Steel and Power Limited (JSPL), ArcelorMittal Nippon Steel (AM/NS), Steel Authority of India Limited (SAIL), and Jindal Stainless Limited (JSL) have secured steel supply contracts from the Railways valued

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Edelweiss Alternatives Acquires L&T Infrastructure Development Projects

Edelweiss Alternatives Acquires L&T Infrastructure Development Projects

The Infrastructure Yield Plus strategy, backed by Edelweiss Alternatives, has finalized the acquisition of L&T Infrastructure Development Projects Ltd (L&TIDPL). The portfolio includes seven operational roads and one power transmission

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