Karnataka Govt Allocates Rs 70 Bn to Boost Bengaluru's Infrastructure

11 Mar 2025 CW Team

Karnataka Chief Minister Siddaramaiah has announced a Rs 70 billionbudgetary allocation to upgrade Bengaluru’s infrastructure, more than doubling last year’s Rs 30 billion. The funding will drive transport, drainage, and urban development projects to enhance the city’s livability and economic growth.

Key Infrastructure Initiatives Rs 89 billion for a 40.5 km double-decker flyover alongside Namma Metro Phase-3, easing traffic congestion. Rs 30 billion for a 300 km road network along canal buffer zones to improve connectivity. Rs 18 billion allocated for 21 projects under the Brand Bengaluru initiative for 2024-25. Bengaluru Metro expansion to 98.60 km within two years, with a focus on connectivity to Devanahalli Business Park and two upcoming IT parks. Rs 30 billion set aside for drainage and sewage infrastructure, managed by BBMP and BWSSB. Peripheral Ring Road project renamed as Bengaluru Business Corridor, with 27,000 crore allocated and land acquisition in progress. The 73 km road will be funded with assistance from HUDCO Bank. Strategic Development and Economic Growth Bengaluru, home to over 875 Global Capability Centres (GCCs), is set to benefit from a Special Purpose Vehicle (SPV) to ensure efficient fund utilization and expedite priority projects.

The city's commercial corridor linking Karnataka with Andhra Pradesh and Tamil Nadu will see major improvements, boosting investment and economic activity.

These ambitious projects reaffirm the Karnataka government’s commitment to transforming Bengaluru into a world-class metropolis with robust infrastructure and sustainable urban planning.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..