Mascot to Develop 385-Acre Industrial Township Near Ahmedabad

30 Apr 2025 CW Team

Ahmedabad-based developer Mascot Infrastructure has announced plans to establish an integrated industrial township spanning 385 acres at Vithalapur in Ahmedabad district. The project, titled Mascot Industrial City, is positioned to benefit from its proximity to Gujarat’s emerging auto manufacturing hub and key infrastructure corridors.

Strategically located near Vithalapur’s automotive cluster, the township will enjoy seamless connectivity to major economic zones including the Delhi-Mumbai Industrial Corridor, Dholera Special Investment Region (SIR), GIFT City, and Sanand GIDC, according to the company’s official statement.

Sanjay Patel, Managing Director of Mascot Infrastructure, stated that the township is envisioned as a future-ready industrial and logistics hub in one of India's fastest-growing manufacturing belts. The initiative reflects the company’s sustained commitment to Gujarat’s industrial growth.

Mascot Infrastructure had previously signed a Memorandum of Understanding (MoU) with the Government of Gujarat during the Vibrant Gujarat Global Summit 2024, signalling its collaborative intent to contribute to the state's development plans.

The planned township will feature industrial, commercial, and residential zones. Offerings include industrial plots, plug-and-play factory units, warehouses, residential apartments, hotels, schools, and food plazas. The mixed-use layout is aimed at serving a broad range of industries, creating an integrated ecosystem that combines manufacturing, logistics, and urban living.

Designed to meet the evolving demands of modern enterprises, the Mascot Industrial City is expected to enhance regional industrial infrastructure and offer a self-sustained platform for businesses and workers alike.

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..

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..

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 ..