Dholera SIR Draws Global Investors, NRIs as India’s Semiconductor Hub

17 Mar 2025 CW Team

Dholera SIR, India’s first planned smart city, is witnessing a surge in investor interest, particularly from NRIs in the USA, UK, UAE, Singapore, and Hong Kong. This momentum is fuelled by Dholera’s emergence as India’s semiconductor hub, with four of the five upcoming semiconductor plants being built in the region.

Lalit Parihar, MD, Aaiji Group, noted a sharp rise in international investor visits and land inquiries over the past year, calling it unprecedented. The Gujarat government has allocated Rs 2 billion (bn) for an integrated township and Rs 1 bn for the Gujarat Institute of Technology (GIT) to support the region’s growth in green energy,

semiconductors, fintech, and aerospace.

Key infrastructure projects, including the Ahmedabad-Dholera Expressway, Bhimnath-Dholera rail line, and an international cargo airport, are set to boost connectivity. With over 100 companies, including Tata Electronics’ Rs 910 bn semiconductor project, Dholera is poised to lead Gujarat’s next industrial revolution.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..