Smartworld Developers Awards Rs 5.81 Bn Construction Contract

18 Jul 2024 CW Team

Smartworld Developers has awarded a significant construction contract worth Rs 581 crore to Ahluwalia Contracts (India) Ltd., marking a substantial development in the real estate sector. This contract underscores Smartworld Developers' commitment to advancing its infrastructure projects amidst evolving market dynamics.

The contract entails the construction of a commercial project that aims to enhance urban infrastructure and cater to growing demands in the real estate market. Ahluwalia Contracts, known for its expertise in executing large-scale construction projects, will leverage this opportunity to contribute to Smartworld Developers' vision of creating modern and sustainable urban spaces.

The collaboration between Smartworld Developers and Ahluwalia Contracts highlights a strategic partnership aimed at delivering high-quality infrastructure solutions. The project's scope includes incorporating innovative design elements and sustainable building practices to meet environmental standards and enhance user experience.

By awarding this contract, Smartworld Developers demonstrates its confidence in Ahluwalia Contracts' capabilities to deliver projects of scale and complexity. The construction project is expected to generate employment opportunities and stimulate economic growth in the region, contributing to India's infrastructure development goals.

With a focus on quality, efficiency, and sustainability, Smartworld Developers and Ahluwalia Contracts are poised to set new benchmarks in the construction sector, reinforcing their commitment to excellence and customer satisfaction. The successful execution of this project will play a pivotal role in shaping the future landscape of urban development in India.

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..