GMR may face legal action for scrapping road contract

Centre approves Rs.106.37-billion road and tunnel projects for J&K

296-km network to enhance all-weather connectivity in border areas.The Union government has approved 19 road and tunnel infrastructure projects worth Rs.106.37 billion for Jammu and Kashmir, aiming to improve regional connectivity and ensure yearround access to remote border districts.Cleared by the Ministry of Road Transport and Highways, the projects span a total length of 296 km. Key developments include the Peer-Ki-Gali Tunnel (Rs.38.3 billion), which will connect the Kashmir Valley to the rest of India, and the Sadhana Tunnel (Rs.33.3 billion), providing allweather connectivity to Karnah ..

NHAI launches strategy to monetise national highway assets

The National Highways Authority of India (NHAI) has announced its first Road Asset Monetisation Strategy, aimed at unlocking the value of operational national highway assets and expanding private sector participation through Public-Private Partnerships (PPPs). This move marks a major shift towards market-driven infrastructure funding and is part of the Government of India’s broader Asset Monetisation Plan for 2025–30. The strategy outlines a structured framework for capital mobilisation using models such as Toll- Operate-Transfer (ToT), Infrastructure Investment Trusts..

Godrej Enterprises Boosts EV Growth with Local Tooling Solutions

As India’s electric vehicle (EV) market experiences unprecedented growth, the tooling business of Godrej Enterprises Group is playing a critical role in enabling the sector’s supply chain with high-precision, locally manufactured solutions. With the automotive industry rapidly pivoting towards EVs, demand has surged for new engines, battery enclosures, and precision-formed sheet metal parts—all requiring advanced tooling systems. Godrej Enterprises Group has enhanced its tooling capabilities to meet these evolving demands. The business has focused on delivering high-precision dies a..