293 Projects Worth Rs 13.59 Trillion Reviewed Under GatiShakti

07 Aug 2025 CW Team

A total of 293 large infrastructure projects worth Rs 13.59 trillion have been assessed so far under the PM GatiShakti National Master Plan for integrated planning, multimodal connectivity, a whole-of-government approach, and last-mile connectivity, Parliament was informed on Tuesday.

Minister of State for Commerce and Industry, Jitin Prasada, stated in a written reply to the Lok Sabha that 57 central ministries and departments have been onboarded to the GatiShakti platform. These include eight key infrastructure ministries such as Highways, Railways, Ports, Power, and Communications, along with 22 social sector ministries and 27 others. Additionally, all 36 states and Union Territories have joined the platform to strengthen Centre–state coordination.

While the PM GatiShakti initiative does not have a separate fund allocation, the Ministry of Finance had earmarked Rs 50 billion in 2022–23 under the “Scheme for Special Assistance to States for Capital Investment” for infrastructure projects related to GatiShakti.

According to a study conducted by the National Council of Applied Economic Research (NCAER), India’s logistics costs have reduced to between 7.8 and 8.9 per cent of GDP, significantly down from earlier estimates of 13 to 14 per cent. This decline is attributed to the structured implementation of the GatiShakti Master Plan.

The NCAER report, titled Gati Se Pragati, highlights how coordinated infrastructure development is positioning India closer to global standards of logistics efficiency.

India’s ranking in the World Bank’s Logistics Performance Index also improved from 44th to 38th in 2023, indicating positive progress. However, the report noted that considerable scope remains for further improvement.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..