GMDA Plans Rs.28 Bn Infrastructure Boost for Gurugram

05 Jul 2024 CW Team

The Gurugram Metropolitan Development Authority (GMDA) has announced plans to allocate ?28 billion towards enhancing infrastructure across Gurugram. This substantial investment is aimed at addressing key development needs and improving civic amenities in one of India's rapidly growing urban centres.

The allocated funds will be utilised for a range of infrastructure projects, including road upgrades, water supply enhancements, sewage management systems, and urban beautification initiatives. These efforts are intended to alleviate traffic congestion, enhance public utilities, and elevate the overall quality of life for Gurugram residents.

GMDA officials have highlighted the strategic importance of these investments in supporting Gurugram's continued growth as a prominent economic and residential hub. The infrastructure projects are expected to create employment opportunities, stimulate local economic activity, and attract further investments into the region.

Key areas slated for development include expanding and modernising existing road networks, which are critical for improving intra-city connectivity and facilitating smoother traffic flow. Additionally, initiatives to enhance water supply infrastructure and sewage management systems aim to meet the burgeoning demands of the city's expanding population.

The infrastructure push aligns with GMDA's broader vision of transforming Gurugram into a sustainable and future-ready city. By focusing on comprehensive urban development, the authority aims to address current challenges while laying the groundwork for long-term prosperity and livability.

The planned investments underscore GMDA's commitment to advancing infrastructure development in Gurugram, enhancing its competitiveness as a business destination, and improving the overall quality of life for residents. As these projects unfold, they are expected to contribute significantly to the city's socio-economic progress and urban rejuvenation efforts.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..