HD Construction and J&K Bank Expand Equipment Financing in J&K

21 May 2026 CW Team

HD Construction Equipment India and J&K Bank signed a Memorandum of Understanding on May 20 in Srinagar to expand financing solutions for Hyundai excavators and wheel loaders. The signing ceremony was attended by senior representatives from HD Construction Equipment India, including AVP Joydeep Bakshi and Head Sales — NCW Sharwan Agnihotri, and by DGM Arjun Singh Rathore from J&K Bank, along with Oves Ur Rehman, Dealer Principal of Fuel Automobiles, the authorised Hyundai dealer for Jammu & Kashmir.

Under the MoU, the two organisations will collaborate to improve access to tailored financing for customers purchasing Hyundai excavators and wheel loaders in the region. J&K Bank will provide financing support to eligible customers through simplified processes and bespoke financial packages, while HD Construction Equipment India will lead market outreach and customer engagement to boost equipment adoption.

The partnership is expected to support contractors, infrastructure developers, mining operators, and construction firms by offering customised finance for machines used in road construction, quarrying, warehousing, mining, and large-scale infrastructure projects across the Union Territory. While the MoU has PAN-India applicability, it focuses primarily on catalysing growth and infrastructure development in Jammu & Kashmir, aiming to accelerate modern equipment adoption and enhance project execution efficiency.

Real Estate

10 Jun 2026

Divyansh Group Announces Rs 3 Billion Hapur Project

Divyansh Group has announced an investment of Rs 3 billion to develop a premium residential project in Hapur, marking its entry into the city's real estate market. The project will introduce Hapur's first high-rise residential development built using Mivan construction technology.Positioned within the affordable luxury segment, the development will feature G+27-storey towers, making it among the tallest residential complexes in the city. The project will offer spacious 3 BHK and 4 BHK residences, with 3 BHK apartments available in 1,880 sq. ft. and 2,065 sq. ft. configurations, while 4 BHK uni..

Agami Realty Launches Ultra-Luxury Project in Bandra

Agami Realty has launched Agami Legends, an ultra-luxury residential development in Kalanagar, Bandra (East), with an estimated topline revenue potential of over Rs 6 billion. The project was unveiled by cricket legend and Agami Realty brand ambassador Sunil Gavaskar, highlighting its association with the neighbourhood's rich cricketing heritage.The development offers around 110,000 sq. ft. of saleable inventory and comprises 67 premium residences designed around a low-density living concept that prioritises privacy and exclusivity. Residences are priced from Rs 71.8 million for 3 BHK units an..

Generac Opens First India GCC in Pune

Generac has inaugurated the Generac Business & Technology Centre (GBTC), its first dedicated Global Capability Centre (GCC) in India, marking a significant step in the company's global growth strategy.Designed by architecture firm TOA, the 21,494 sq. ft. facility in Pune has been built to accommodate more than 150 employees, with provisions for future expansion. The centre will function as a multi-functional strategic hub and is expected to evolve into a Centre of Excellence for select engineering domains, enabling the company to strengthen specialised capabilities across its global operat..