Tamil Nadu Cabinet approves projects worth over Rs 200 billion

22 Jan 2019 Editorial Team

The Tamil Nadu Cabinet has reportedly approved 11 projects involving investments worth over Rs 200 billion. Memorandum of Understandings (MoUs) are expected to be signed for the these projects at the Global Investors’ Meet (GIM).

Besides, approval on the proposal to unveil an aeroplane components policy was also initiated.

The recently approved projects are third in line as in the previous Cabinet meeting, approvals for 30 projects worth Rs 500 billion were passed. Nearly 140 MoUs are expected to be signed at the event with a total investment in excess of Rs 2.4 trillion.

In order to separate defence aerospace policy to attract investment from domestic as well as international companies to set up their base in the aerospace park at Sriperumbuder, the policy of aeroplace components was announced.

Besides, the Tamil Nadu Defence Industrial Corridor is expected to be inaugurated soon.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..