George Rajkumar, Country President, Grundfos India

25 Jan 2021 Editorial Team

(Pumps and pump solutions)

As we venture into the new fiscal year, we anticipate a further adoption of solar power into the Indian agricultural landscape through initiatives like the PM KUSUM Scheme. Last year’s budget allocation of Rs 220 billion for the power and renewable energy sector was a major push for the country’s journey towards leveraging sustainable sources of energy. We hope the government strengthens its budget allocations towards these initiatives that we believe will enhance and transform the agriculture industry.

A key aspect that the government also needs to focus on in tandem should be upgrading the dynamics of the irrigation infrastructure, incentives to the farmers to save energy and water through smart and efficient pumps and motors.

Furthermore, on the infrastructure development front, we believe that there needs to be a holistic approach to municipal water and wastewater management. With recurring floods every year in the states of Tamil Nadu, Maharashtra and Assam, it is important to develop robust flood management systems in the country.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..