Arvind SmartSpaces Plans Rs.400 Crore Raise

08 Nov 2024 CW Team

Arvind SmartSpaces, the real estate division of Arvind Ltd., is set to raise Rs.400 crore to accelerate its growth across key residential and commercial projects in India. The funding, which will be generated through the issuance of equity shares and convertible securities, is aimed at expanding the company's presence and advancing its project pipeline in high-demand urban areas.

This capital infusion aligns with Arvind SmartSpaces’ strategic focus on scaling up operations to meet rising demand in India’s real estate market. With an increasing urban population and growing interest in both affordable and luxury housing, the company aims to position itself strongly within the market. The funds will support land acquisitions, project development, and other essential expenditures, enabling Arvind SmartSpaces to enhance its project portfolio across various cities.

Arvind SmartSpaces has seen robust growth over recent years, driven by its focus on innovative and sustainable design. The company has also adopted advanced construction techniques to enhance project efficiency, ensuring timely delivery to meet customer expectations. With the additional capital, Arvind SmartSpaces intends to leverage new opportunities in the residential segment, particularly targeting areas with high development potential.

India’s real estate sector is witnessing a wave of investments as firms seek to capitalize on increased demand for quality housing and commercial spaces. This fundraising effort by Arvind SmartSpaces reflects confidence in the sector's resilience and growth trajectory, emphasizing the company’s long-term commitment to expanding its footprint in the real estate market.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..