Dharwad to get Rs 50 billion development push by PM Narendra Modi

10 Mar 2023 CW Team

March 12 will go down in Dharwad district history as a significant day, as Prime Minister Narendra Modi will lay the foundation stone and dedicate development projects expected to be around Rs 50 billion. According to Union Parliamentary Affairs Minister Pralhad Joshi, the Prime Minister will officially open the new campus after touring the IIT-Dharwad permanent campus that has just been built in Mummigatti off Dharwad.

Modi will also dedicate the world's longest railway platform, which was built in Hubballi railway station, at a ceremony held outside the IIT-Dharwad campus. He will formally launch the irrigation project at Tupparihalla. The work order of Rs 1.5 billion has been sanctioned for this project, which has an overall cost of Rs 3.12 billion. He will also lay the foundation stone of the Rs 12 billion Jal Jeevan Project which supplies tap water to 144 gramme panchayats, and the Rs 2.5 billion Jayadeva Center of Cardiovascular Care. He will dedicate 295 Vivek classrooms that cost Rs 420 million to build. There will be 15 works inaugurated as part of the Smart City initiative, worth Rs 3.53 billion.

In addition, PM Modi will officially launch the electrification project for the Hubballi-Hosapete rail line and lay the cornerstone for the high-tech sports centre in Hubballi, which would cost Rs 1.66 billion. Joshi stated that PM Modi will speak at a public gathering and that more than two lakh people are anticipated to attend.

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 ..