GAIL Plans Rs.600 Bn Investment in Madhya Pradesh Ethane Cracker Project

11 Jun 2024 CW Team

GAIL (India) Limited has unveiled plans to invest ?600 billion in setting up a new ethane cracker project in Madhya Pradesh. This ambitious project aims to bolster India's petrochemical manufacturing capabilities and meet growing domestic demand for ethylene and its derivatives.

The ethane cracker facility is slated to be constructed at Pithampur in Madhya Pradesh and is expected to significantly enhance India's self-sufficiency in producing crucial petrochemicals. Ethylene, a primary product derived from ethane, is a key raw material used in the manufacturing of various industrial chemicals and plastics.

The project is expected to generate substantial employment opportunities during both the construction phase and operational stages. It also aligns with India's broader economic goals of promoting domestic manufacturing and reducing dependency on imports for critical industrial inputs.

GAIL's investment in the ethane cracker project underscores its strategic vision to strengthen the country's industrial base and contribute to economic growth. The development is seen as a crucial step towards enhancing India's capacity to produce petrochemicals locally, thereby boosting industrial competitiveness and supporting sectors reliant on petrochemical feedstocks.

Government officials and industry analysts have welcomed the announcement, noting its potential to transform the petrochemical landscape in India. They highlight the project's role in fostering innovation, job creation, and sustainable economic development in the region and beyond.

As the project moves forward, stakeholders anticipate significant advancements in India's petrochemical sector, driven by technological innovation and strategic investments aimed at enhancing industrial capabilities and meeting domestic market demands effectively.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..