Arete Group To Invest Rs 12 Billion In Phase Two Of Gujarat Industrial Park

24 Apr 2025 CW Team

Arete Group has announced an investment of Rs 12 billion for the second phase of its Payal Industrial Park project in Gujarat. The expansion is aimed at enhancing industrial infrastructure and attracting a wide range of manufacturers to the state.

Established in 1990, Arete Group operates across industrial parks, real estate, retail, and investment sectors. The Payal Industrial Park, which spans over 3,500 acres, is located in Dahej, a key industrial region in Gujarat. The second phase of development will include new infrastructure to support chemical, pharmaceutical, and engineering industries, in line with Gujarat’s positioning as a global manufacturing hub. The group plans to build sustainable and integrated facilities, including logistics support and effluent treatment plants.

According to company officials, the investment aligns with national goals of ‘Make in India’ and aims to generate significant employment opportunities. The project is also expected to attract ancillary industries and small and medium enterprises to the region.

Arete Group previously invested Rs eight billion in the park’s first phase and has already leased space to several large manufacturing firms.

Source: PTI

Infrastructure Urban

05 May 2026

Meghalaya And Assam Hold Talks To End Transport Stoppages In Garo Hills

Meghalaya and Assam have opened talks aimed at ending recent stoppages of commodity transport in the Garo Hills, officials said. The deputy chief minister, in charge of home affairs, reported that both state governments are coordinating to resolve disruptions and to restore normal movement of goods. He acknowledged that misunderstandings may have contributed to the incidents and that clarification between administrative units is under way. The discussions are intended to produce practical arrangements that will allow consignments to move without hindrance while respecting local procedures. The..

Kochi Metro Records 1.375 mn Rise In Passengers In FY26

Kochi Metro recorded a marginal rise in ridership in the financial year 2025-26, carrying 1.375 mn more passengers than in the previous year. The service carried 36.8 million (mn) passengers in 2025-26 compared with 35.5 mn in 2024-25, representing a year-on-year increase of 3.9 per cent. The growth was described as distributed rather than concentrated in isolated spikes. A month-wise analysis shows steady gains across quarters. In the first quarter, ridership increased from 8.57 mn to 8.84 mn, while the second quarter rose from 9.13 mn to 9.51 mn. These trends indicated broad-based improvemen..

Ghaziabad Plans 16km Metro Link To Delhi Via Hindon Airport

Ghaziabad authorities are pursuing a 16 km metro link to Delhi that will run via Hindon Airport, and a detailed project report is under way. The plan is intended to improve connectivity between Ghaziabad and the national capital and to provide an interchange with the airport. Officials said the project is being studied to assess alignments, station locations and cost estimates ahead of formal approvals and tendering. The announcement follows the inauguration of the Delhi?Faridabad metro extension, which will offer hassle free travel for around 0.2 mn daily commuters between the national capita..