CMDA Initiates Sustainable Economic Plan for Chennai's Inclusive Growth

28 Dec 2023 CW Team

The Chennai Metropolitan Development Authority (CMDA) has launched the Sustainable Economic Plan with the objective of ensuring optimal and inclusive spatial distribution in the city. This strategic initiative aims to foster sustainable development by carefully planning and distributing economic activities across Chennai.

The Sustainable Economic Plan underscores the importance of balanced spatial distribution, emphasising equitable growth and development in various regions of the city. CMDA's commitment to sustainability aligns with the broader goal of creating a resilient and inclusive urban landscape.

By focusing on optimal spatial distribution, the plan seeks to address challenges related to urbanisation, infrastructure, and economic disparities. The emphasis on sustainability reflects a forward-looking approach, considering environmental, social, and economic aspects to guide Chennai's growth holistically.

As CMDA takes the lead in formulating and implementing the Sustainable Economic Plan, the initiative is poised to shape Chennai's urban and economic future. The commitment to inclusivity and sustainability suggests a comprehensive and strategic vision for the city's development, emphasising the importance of responsible and balanced urban planning.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..