India and Japan Sign Loan Agreements Worth JPY 191.736 Bn

29 Mar 2025 CW Team

Loan Agreements Signed Between India and JICA The agreements were signed in New Delhi between the Government of India and the Japan International Cooperation Agency (JICA) for the following projects:

Tamil Nadu Investment Promotion Program (Phase 3) (TNIPP-III) – JPY 36.114 billion Project for Capacity Enhancement for Effective Forest Management – JPY 8.280 billion Project for Construction of Chennai Seawater Desalination Plant (II) – JPY 52.556 billion Delhi Mass Rapid Transport System Project (Phase 4 Additional Corridors) (I) – JPY 79.726 billion Assam State Aquaculture Promotion and Livelihood Improvement Project – JPY 3.580 billion Punjab Biodiversity and Natural Resources Conservation Project – JPY 11.480 billion

Project Highlights & Expected Impact Tamil Nadu Investment Promotion Program (TNIPP-III) aims to attract foreign investment, promote emerging sectors, and provide quality jobs by training the workforce in advanced manufacturing skills.

Chennai Seawater Desalination Plant (II) will ensure a safe and reliable water supply by constructing a seawater desalination plant and related infrastructure, thereby improving living conditions and the investment climate in the Chennai Metropolitan Area (CMA).

Forest Management Project focuses on enhancing the capacity of forest personnel by strengthening institutional frameworks, improving training systems, and implementing pilot projects for biodiversity conservation and climate change mitigation.

Delhi Metro Phase 4 Additional Corridors will further expand the mass rapid transit system, fostering regional economic development and reducing traffic congestion and vehicular pollution, ultimately contributing to climate change mitigation.

Assam Aquaculture Promotion Project is designed to increase aquaculture production and enhance the rural livelihoods of fisheries stakeholders by developing the fisheries supply chain and strengthening institutional support.

Punjab Biodiversity Conservation Project will enhance ecosystem services, improve climate resilience, and strengthen wetland management by expanding tree cover outside forests, promoting biodiversity conservation, and supporting local livelihoods.

Strengthening India-Japan Strategic Partnership Since 1958, India and Japan have shared a strong and enduring bilateral development partnership. Economic cooperation remains a cornerstone of India-Japan relations, with steady progress in recent years. These projects further reinforce the Strategic and Global Partnership between the two nations, driving sustainable development and economic growth.

In a significant boost to bilateral economic cooperation, the Government of India and the Government of Japan have signed loan agreements worth JPY 191.736 billion under Japan’s Official Development Assistance (ODA). These agreements will support six key projects across sectors including forest management, water supply, urban transport, aquaculture, biodiversity conservation, and investment promotion. Loan Agreements Signed Between India and JICA The agreements were signed in New Delhi between the Government of India and the Japan International Cooperation Agency (JICA) for the following projects: Tamil Nadu Investment Promotion Program (Phase 3) (TNIPP-III) – JPY 36.114 billion Project for Capacity Enhancement for Effective Forest Management – JPY 8.280 billion Project for Construction of Chennai Seawater Desalination Plant (II) – JPY 52.556 billion Delhi Mass Rapid Transport System Project (Phase 4 Additional Corridors) (I) – JPY 79.726 billion Assam State Aquaculture Promotion and Livelihood Improvement Project – JPY 3.580 billion Punjab Biodiversity and Natural Resources Conservation Project – JPY 11.480 billion Project Highlights & Expected Impact Tamil Nadu Investment Promotion Program (TNIPP-III) aims to attract foreign investment, promote emerging sectors, and provide quality jobs by training the workforce in advanced manufacturing skills. Chennai Seawater Desalination Plant (II) will ensure a safe and reliable water supply by constructing a seawater desalination plant and related infrastructure, thereby improving living conditions and the investment climate in the Chennai Metropolitan Area (CMA). Forest Management Project focuses on enhancing the capacity of forest personnel by strengthening institutional frameworks, improving training systems, and implementing pilot projects for biodiversity conservation and climate change mitigation. Delhi Metro Phase 4 Additional Corridors will further expand the mass rapid transit system, fostering regional economic development and reducing traffic congestion and vehicular pollution, ultimately contributing to climate change mitigation. Assam Aquaculture Promotion Project is designed to increase aquaculture production and enhance the rural livelihoods of fisheries stakeholders by developing the fisheries supply chain and strengthening institutional support. Punjab Biodiversity Conservation Project will enhance ecosystem services, improve climate resilience, and strengthen wetland management by expanding tree cover outside forests, promoting biodiversity conservation, and supporting local livelihoods. Strengthening India-Japan Strategic Partnership Since 1958, India and Japan have shared a strong and enduring bilateral development partnership. Economic cooperation remains a cornerstone of India-Japan relations, with steady progress in recent years. These projects further reinforce the Strategic and Global Partnership between the two nations, driving sustainable development and economic growth.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..