Aequs Infra to Invest Rs 20 Billion in South India Expansion

18 Jul 2025 CW Team

Aequs Infra, a major developer of large-format industrial clusters, has unveiled plans to develop 12 million sq. ft. of warehousing and manufacturing infrastructure across Tier-1 and Tier-2 cities in South India, with an estimated investment of over Rs 20 billion.

The project, with an average construction cost of Rs 2,000 per sq. ft., will include 50–100 acre parks primarily focused on manufacturing-led growth. Of the total, around 3–4 million sq. ft. will be developed in Tier-2 cities through built-to-suit models, with the remainder targeting Tier-1 hubs, said Shyam Kalyanasundaram, the newly appointed CEO.

Founded by Aravind Melligeri, Aequs Infra currently operates the Belagavi Aerospace Cluster, Koppal Toy Cluster, and Hubballi Durable Goods Cluster, serving clients such as Airbus, Boeing, Hasbro, and Wonderchef. The company has also secured government approval to establish an electronics components SEZ in Hubballi.

With India’s manufacturing landscape rapidly evolving, Aequs Infra’s expansion is poised to support the growing demand for high-grade logistics and industrial infrastructure across the region.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..