State Clears 34-Acre Kamathipura Redevelopment; Tenants to Get 2 BHK Homes

18 Nov 2025 CW Team

Rewritten News (UK English): The Maharashtra government’s high-powered committee has approved the redevelopment of the 34-acre Kamathipura precinct in Mumbai, marking progress on a long-pending urban renewal project in one of the city’s most congested neighbourhoods.

Under the approved plan, a Pune-based consortium will undertake the cluster-redevelopment work. Each eligible tenant will receive a two-bedroom flat with a minimum 500 sq ft carpet area, while landlords will be allotted similar units for every 50 sq metres of land owned.

Kamathipura contains nearly 800 dilapidated buildings, and the scheme includes constructing high-rise rehabilitation and sale towers, with some structures proposed to rise to 57 and 78 storeys.

The redevelopment aims to transform the dense and ageing locality into a modern, planned residential zone with improved living conditions for thousands of residents.

Infrastructure Urban

18 Nov 2025

PTC Expands Mehsana Plant To Boost Precision Manufacturing

PTC Industries Limited, a leading producer of high-precision castings and advanced materials for critical applications, has commenced a significant expansion of its investment-casting facility in Mehsana, Gujarat. With global supply chains undergoing a strategic realignment, industries are increasingly shifting production to resilient and trusted destinations. India is emerging as a major hub for precision manufacturing, creating substantial opportunities for industrial casting exports. In response, PTC is scaling and modernising its Mehsana site to capture rising global demand. The expansio..

Apollo Completes Acquisition Of IDL Explosives

Apollo Defence Industries Private Limited, a subsidiary of Apollo Micro Systems Limited, has confirmed the successful completion of its full acquisition of IDL Explosives Limited from GOCL Corporation Limited. With this transaction now concluded, IDL Explosives becomes a step-down subsidiary of Apollo Micro Systems. IDL Explosives operates manufacturing facilities in Rourkela and several other locations across India. Apollo Group plans to expand and strengthen the company’s operations in line with its strategic ambitions within the rapidly growing defence explosives sector. The acquisition..

GOCL Completes Sale Of IDL Explosives To Apollo Defence

GOCL Corporation Limited has announced the completion of the sale of its subsidiary, IDL Explosives Limited, to Apollo Defence Industries, marking the conclusion of the divestment process approved by shareholders earlier this year. IDL Explosives operates manufacturing units in Rourkela and several other locations nationwide. Apollo Defence plans to expand and reinforce the business in line with its strategic objectives within the rapidly growing defence sector. With this divestment, GOCL and the Hinduja Group complete their strategic exit from the explosives and detonators portfolio. Last y..