Bhutani Infra Discontinues Talks With WTCA

06 Feb 2025 CW Team

Bhutani Infra informed that it has withdrawn from any planned engagement with the World Trade Centers Association (WTCA) and will not have any involvement with the ongoing, completed or future projects associated with the organization. The company had acquired a majority stake in WTC Noida in a revenue-share deal in 2024. This was one of five World Trade Centers being developed in India. The company clarified that they have now withdrawn from this agreement.

Ashish Bhutani, CEO, Bhutani Infra, stated, "Our initial discussions with the WTC Group were intended to align with Bhutani Infra’s broader vision to contribute to India’s commercial real estate landscape. However, we have chosen to fully step away from any association with the WTC Group." The company emphasised that it holds no responsibility or liability with respect to the unit holders of existing or ongoing projects of the WTCA.

"Bhutani Infra had initially explored prospective opportunities with the WTC Group solely on the basis of the representations provided by the WTC Group. However, after a thorough evaluation, the company has decided to disengage entirely from the WTC group," it said. WTCA, an international trade organization, licenses developers to use the brand name and services.

Products

12 May 2026

MagickHome Expands into India’s Furniture Segment

MagickHome has expanded into India’s furniture segment with the launch of a new portfolio comprising sofas, beds and dining sets, marking the company’s entry beyond modular interiors.The company said the new range has been developed with a focus on design, comfort and durability, while leveraging its manufacturing and engineering expertise built over three decades. The collection offers more than 500 combinations of fabrics, finishes and configurations, enabling customised solutions for Indian homes.According to the company, the furniture range uses kiln-seasoned solid wood structures, pre..

Top 10 Cement Companies in India

India’s cement industry is the backbone of the country’s infrastructure and real estate growth. With massive investments in highways, metros, housing, and industrial corridors, demand for cement continues to rise steadily. In 2026, the industry is not just expanding in capacity but also evolving through sustainability initiatives, digitalisation, and advanced manufacturing technologies.From producing low-carbon cement to expanding distribution networks across urban and rural India, leading companies are playing a crucial role in shaping the nation’s-built environment. Here’s a detailed..

Greenply Launches Ecotec Prime Economy Plywood

Greenply Industries has launched Ecotec Prime, a new plywood product in the economy segment featuring fire-retardant and boiling waterproof technologies.The company said Ecotec Prime combines IS 5509-certified fire-retardant properties with BWP-grade water resistance, aimed at making safety-oriented plywood solutions more accessible across residential and commercial applications.According to Greenply, the plywood can withstand up to 72 hours of boiling water immersion without delamination and includes anti-viral, anti-bacterial, anti-termite and borer-resistant properties. The product also fea..