Embassy Industrial Parks hosted an engaging activity for their staff on National Safety Week from March 4-10; the activity included awareness workshops for industrial park staff with drills to highlight the salient features of safety.
IndoSpace, India’s largest developer of Grade-A industrial real estate and logistics parks, has been named as the ‘Firm of the Year - India’ by the real estate arm of Private Equity International, at the PERE Awards 2019.
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The Rs.300-million Indian flooring market has seen pivotal changes in innovation, technology and design in recent years. And gone are the days when ceilings made in concrete and wood were the go-tos!
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We believe that infrastructure has a lot of demand. With housing also part of infrastructure now, this sector will also drive a lot of demand due to government initiatives as well as the affordable housing needs.
The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India’s GDP.
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Creating value and assets in the real estate and infrastructure sphere is the business mantra of Tata Realty and Infrastructure (TRIL), a subsidiary of Tata Sons.
CW DESIGN BUILD lists excerpts from the recommendations that emerged out of the recently concluded 24th Annual Convention & National Seminar of Indian Building Congress held in New Delhi.
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Jasan Infra is planning to set up a cement grinding unit with a capacity of 1.6 mtpa in the Tiruvallur district of Tamil Nadu. The project, worth Rs.1.20 bn, is awaiting environment clearance.
UltraTech Cement is planning to expand its cement capacity from 9 mn tpa to 14 mn tpa in the Anantapur district and Kurnool district of Andhra Pradesh.
Crisil expects cement makers to report operating profitability of around 20 per cent in FY2021 as demand is expected to recover, driven by the infrastructure and affordable housing sectors.
State-owned hydropower producer NHPC, formerly known as National Hydroelectric Power Corp, has signed a MoU with Cement Corporation of India (CCI) for meeting the power requirements of its 2,880-MW Dibang Multipurpose Project.
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VE Commercial Vehicles (VECV) has unveiled its entire BS-VI range of trucks and buses across 4.9-55 T tagged with Eicher’s innovative BSVI solution, EUTECH6.
The Sita-Rama irrigation project was initiated to supply the regions of Khammam, Bhadradri, Kothagudem and Mahabubabad in Telangana with an irrigation system and drinking water supply
The Plant Services division of Churchill Retirement Living is operating four brand new WOLFF 133 B luffing cranes on their job sites across the south of the UK.
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The Cabinet Committee for Economic Affairs (CCEA) has delegated power to MoRTH and NHAI for appraisal and approval of NH projects under EPC and PPP modes of execution
Coal-based power plants with a total of 62.23 GW capacity are currently in various stages of construction in the country. These include central sector, state sector and private sector projects.
Swiss major IMR Metallurgical Resources AG has proposed to set up a steel plant in the Kadapa district of Andhra Pradesh at Rs.120 bn with an annual production capacity of 10 mn tonnes.
NABARD has sanctioned Rs.4 bn funds for Jammu and Kashmir for the current fiscal, for various projects of the PWD, Public Health Engineering and animal husbandry.
Jindal Steel and Power (JSPL) is exploring the possibility of setting up a steel plant with a capacity of 2-2.5 mn tonne per annum at Patratu in the Ramgarh district of Jharkhand.
Rs.100 bn would reportedly be earmarked for the implementation of the long-pending Upper Krishna Project Stage-III in 2020-21, and an action plan would be prepared.
A provision of Rs.40 bn has been made in the Maharashtra state budget for setting up a modern industrial estate in Satara district, which would help the development of drought-prone areas in western Maharashtra.
Telangana will spend Rs.500 bn in the next five years for the development of Hyderabad Urban Agglomeration (HUA) area comprising the core city and its outskirts falling within the Outer Ring Road limits.
Prime Minister Narendra Modi recently laid the foundation stone of the 296-km Bundelkhand Expressway, estimated to cost nearly `150 bn, in the Chitrakoot district of Uttar Pradesh.
As many as 20 infra projects worth over Rs.28 bn were dedicated to the city on recently. Ten projects worth Rs.14.52 bn have been inaugurated, while foundation stones for the remaining 10 projects worth Rs.13.69 bn have been laid.
Finnish-Russian digital solutions provider Zyfra has announced plans to introduce artificial intelligence (AI)-based solutions for mining in the Indian market.
Brookfield Asset Management is ready to stay in India for another 11 years and aims to pump more capital into its operations in the country, as reported. Notably, for Brookfield, India is its No. 1 market in the world.
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The Prestige Group has inaugurated two developments – Prestige Fintechin GIFT City, Ahmedabad and Prestige Phoenix in Hyderabad. Prestige Fintech, billed as a Next Gen office space, has a super built-up area of 3,15,331 sq ft.Prestige Phoenix is located in Begumpet, with a built-up area of 48,786 sqft.
A brainchild of IIM and IIT-educated entrepreneurs and real estate veterans, Mumbai-based Lodha Group's MultiLiving is a platform that aims to eliminate the inefficiencies prevalent in the existing rental system.
Ascendas Property Fund Trustee, the trustee-manager of Ascendas India Trust, has signed definitive agreements for the acquisition of an income-producing warehouse with a total floor area of approximately 0.2 mn sq ft from Arshiya Northern FTWZ.
The Indian Institute of Technology, Roorkee (IIT-R), has signed a MoU with Dehradun Smart City to improve public transport, traffic management and drainage system design in the Uttarakhand capital
The Trichy Municipal Corporation has floated a tender for the beautification of Rockfort hillock under the Smart Cities mission, at an estimated cost of Rs.110.36 mn
The construction of at least 12 smart city roads and internal roads has been taken up in Visakhapatnam following clearance by the Andhra Pradesh Ministry of Municipal Administration and Urban Development.
Indore Smart City Development (ISCDL) has issued the second call for selecting a consultant for 100 MW floating or ground mounted or rooftop solar PV power plants at Yashwant Sagar Dam Reservoir, Jalud Water Pumping Station and various other locations.
Aiming to step up investments in capacity expansion of airports in the country, the Airports Authority of India (AAI) has decided to raise $300 mn via External Commercial Borrowings (ECBs) next year as part of a proposed five-year outlay of Rs.250 bn starting this year.
The Union Ministry of Environment, Forests and Climate Change has granted environmental clearance for the proposed second international airport in Goa.
The proposed greenfield international airport project at Bhogapuram has got a fresh impetus after the Andhra Pradesh Government reduced size of the land awarded to GMR Airports for the construction of the airport in the public-private partnership (PPP) mode.
Creating world-class infrastructure at ports is important if India is to become a $5 tn economy, Vice President M Venkaiah Naidu recently said, as reported.
The National Company Law Tribunal (NCLT) has approved a `6.50-bn resolution plan submitted by Adani Ports & Special Economic Zone for the debt-ridden Dighi Portsouth of Mumbai.
Kolkata Port Trust (KPT) is looking to lease or rent its land, which is as big as the London Docklands, to boost profit. KPT owns nearly 4,500 acre, and it uses about 2,000 acre of this.
Indian Railways network will be completely electrified in a couple of years as the ministry plans to electrify the remaining broad-gauge routes on the network by December 2023.
Soon, travelling between India and Bhutan will be possible by train. A survey has been commissioned by the Indian Railway Board to establish a Mujnai-Nyoenpaling line to provide a cross-border rail link between the neighbouring nations.
Western Arunachal MP Tapir Gao has reportedly proposed laying new railways lines in Arunachal Pradesh from Parshuram Kund to Walong, from Pasighat to Tuting, from Silapathar (Assam) to Bame, and from Bame to Aalo, Kamba, Kaying, Tato and Mechuka.
Karnataka Chief Minister BS Yediyurappa has reportedly announced an initial allocation of Rs.5 bn for a suburban rail project to ease traffic flow in Bengaluru.
The Cabinet Committee on Economic Affairs has reportedly approved the rehabilitation and upgradation of various National Highways covering a total length of over 780 km in the states of Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh.
The bidding process for selecting a firm for constructing the Patna Ring Road is likely to be initiated in two months as MoRTH has approved the alignment finalised by the state government for the road.
Union Minister for Road Transport Nitin Gadkari has reportedly instructed officials of the National Highway Authority of India (NHAI) to publish tenders for six-laning the Nashik-Pune highway by April.
The global outbreak of COVID-19, an infectious disease caused by a SARS-CoV-2coronavirus, was recognised as a ‘pandemic’ by the World Health Organisation (WHO) on March 11, 2020.
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Lamiwood Flooring Company has launched its collection of Pattern Wooden Flooring – Herringbone and Chevron, the most popular flooring patterns around the world.
IDUS has launched its Arm Chair Collection at its flagship store in Delhi. The collection comprises of beautifully seating designed in vibrant colours such as red, chocolate, white, grey, brown and beige, maintaining the utmost comfort.
Ottimo, a design studio for Indo-Italian furniture and interiors, has brought to India the Brera Academy by Aster Cucine, a kitchen that encapsulates the contemporaneity and internationality of being made in Italy.
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The Water & Effluent Treatment Business of the firm has bagged an EPC order from the Narmada Valley Development Authority, Government of Madhya Pradesh, to execute the Indira Sagar-Parwati Phase-III and IV Lift Micro Irrigation Project.
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Katsuo Matsumoto, Chief Representative of Japan International Cooperation Agency (JICA) India, is on an investment spree. The agency has recently signed agreements with the Indian Government for three major rail infrastructure projects worth a whopping Rs.152.95 billion
PNC Infratech is making news. The company, under the leadership of its Managing Director Yogesh Kumar Jain has recently bagged orders worth Rs.35.82 billion from the National Highways Authority of India (NHAI) for widening of road projects in Uttar Pradesh.
Under the leadership of its Chairman & Managing Director PK Gupta, NBCC (India) has received an approval from the National Company Law Tribunal (NCLT) to acquire bankrupt real estate developer Jaypee Infratech.
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And, since commercial buildings are usually multi-storey structures, from an architectural and building perspective, glass facades are ideally suited for high-rise buildings.
The Rajya Sabha and Lok Sabha recently passed The Mineral Laws (Amendment) Bill 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act 2015.
As reported by the Andhra Pradesh Government, the Polavaram Irrigation Project (PIP) is planned for completion by December 2021, and has achieved an overall progress of 69.54 per cent up to February 27, 2020, according to a release by PIB.
NHAI has taken several steps to rekindle the interest of private investors and lenders in build-operate-transfer (BOT) projects, shared Union Minister for Road Transport and Highways Nitin Gadkari, according to a PIB release.
