Aaiji Group forms JV with Infinity Infracon for Rs 2 Bn project in Dholera

21 Jan 2025 CW Team

Ahmedabad, Gujarat-based Aaiji Group's subsidiary, Aaiji Infraspace, has entered into a joint venture with Infinity Infracon to undertake residential and commercial development projects worth Rs 2 billion in the Dholera Special Investment Region (SIR), according to a statement released. The venture aims to implement these projects in phases to meet the rising demand for high-quality infrastructure in this emerging industrial and smart city hub, as noted by Lalit Parihar, Managing Director of Aaiji Group, in the statement.

The joint venture's initial project will be a housing scheme in Kadipur Village, Dholera, with completion expected within two to three years, the statement added.

Aaiji Group highlighted its intent to explore new opportunities in Dholera, emphasizing the region’s growing prominence as a preferred destination for industries and investors. Over 100 companies, including Tata Electronics, have already established a presence in the area. Dholera is also positioning itself as a hub for semiconductor manufacturing and advanced urban planning, with Tata Electronics investing $10.9 billion to set up a semiconductor plant in the region.

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..