HUDCO Eyes Rs 3 Trn Infrastructure Funding by 2030

13 May 2025 CW Team

“India’s infrastructure development is the driving force behind economic growth. With the country enjoying macroeconomic stability and policy direction under Prime Minister Narendra Modi, HUDCO is committed to playing a vital role in transforming the nation’s core infrastructure,” said CMD Sanjay Kulshrestha in a statement to The Free Press Journal.

India has made significant strides in infrastructure over the past decade. With FY2025–26 infrastructure allocation rising to Rs 11.21 trillion, the sector continues to attract major investment. India’s economy, currently among the fastest-growing globally, is expected to reach a size of USD 10 trillion by 2030, potentially surpassing Japan and Germany.

Kulshrestha noted that HUDCO has already sanctioned over Rs 900 billion (Rs 90,000 crore) across 1,248 projects in Maharashtra, with disbursements of over Rs 270 billion (Rs 27,000 crore) completed as of 31 March 2025. Notable among these is the 701-kilometre, six-lane greenfield expressway from Nagpur to Mumbai, for which HUDCO sanctioned Rs 25.5 billion and disbursed Rs 25.26 billion.

Last month, HUDCO signed an MoU with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide up to Rs 1.5 trillion (Rs 1.5 lakh crore) in financial assistance over the next five years for projects across the Mumbai Metropolitan Region.

HUDCO’s infrastructure financing extends beyond housing, covering roads, highways, metro rail, energy projects, ports, airports, and healthcare. With a current loan book exceeding Rs 1.24 trillion, the company attributes its financial strength to robust project evaluation, risk allocation, and sustainable lending strategies.

HUDCO is also expanding its role in urban development by offering integrated solutions in waste management, water supply, drainage, land acquisition, sustainable transport, and industrial corridors. It supports flagship government initiatives such as PMAY-Urban 2.0, Smart Cities, Amrut 2.0, Swachh Bharat Mission 2.0, and Jal Jeevan Mission.

“As part of our commitment to Viksit Bharat@2047, we aim to strengthen our contribution to India’s journey towards becoming a developed nation,” Kulshrestha added.

To capitalise on the accelerating demand for world-class infrastructure, state-run Housing and Urban Development Corporation (HUDCO) has announced its target of providing more than Rs 3 trillion (Rs 3 lakh crore) in infrastructure financing by 2030.“India’s infrastructure development is the driving force behind economic growth. With the country enjoying macroeconomic stability and policy direction under Prime Minister Narendra Modi, HUDCO is committed to playing a vital role in transforming the nation’s core infrastructure,” said CMD Sanjay Kulshrestha in a statement to The Free Press Journal.India has made significant strides in infrastructure over the past decade. With FY2025–26 infrastructure allocation rising to Rs 11.21 trillion, the sector continues to attract major investment. India’s economy, currently among the fastest-growing globally, is expected to reach a size of USD 10 trillion by 2030, potentially surpassing Japan and Germany.Kulshrestha noted that HUDCO has already sanctioned over Rs 900 billion (Rs 90,000 crore) across 1,248 projects in Maharashtra, with disbursements of over Rs 270 billion (Rs 27,000 crore) completed as of 31 March 2025. Notable among these is the 701-kilometre, six-lane greenfield expressway from Nagpur to Mumbai, for which HUDCO sanctioned Rs 25.5 billion and disbursed Rs 25.26 billion.Last month, HUDCO signed an MoU with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide up to Rs 1.5 trillion (Rs 1.5 lakh crore) in financial assistance over the next five years for projects across the Mumbai Metropolitan Region.HUDCO’s infrastructure financing extends beyond housing, covering roads, highways, metro rail, energy projects, ports, airports, and healthcare. With a current loan book exceeding Rs 1.24 trillion, the company attributes its financial strength to robust project evaluation, risk allocation, and sustainable lending strategies.HUDCO is also expanding its role in urban development by offering integrated solutions in waste management, water supply, drainage, land acquisition, sustainable transport, and industrial corridors. It supports flagship government initiatives such as PMAY-Urban 2.0, Smart Cities, Amrut 2.0, Swachh Bharat Mission 2.0, and Jal Jeevan Mission.“As part of our commitment to Viksit Bharat@2047, we aim to strengthen our contribution to India’s journey towards becoming a developed nation,” Kulshrestha added.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..