Indore Development Authority Budget To Top Rs 16 bn

20 Mar 2026 CW Team

The Indore Development Authority is preparing to present a budget for the coming financial year with an outlay expected to exceed Rs 16 bn. The proposed plan will be tabled at the authority’s next board meeting as officials seek to set priorities for urban development. Last year the authority had proposed an estimated income of Rs 15.97 bn against an expenditure plan of Rs 15.09 bn but acknowledged that only about one third of the planned work could be executed, with actual on?ground development limited to around Rs 5 bn to Rs 6 bn.

The prior programme included proposals to shift the Cantonment grain market and to develop new inter?state bus terminals on Bhopal Road and Dhar Road as part of a wider transport upgrade. The master plan also envisaged construction of arterial roads identified as MR?11 and MR?12 alongside projects for a startup park and a convention centre. Many of these initiatives remain incomplete, prompting scrutiny of delivery mechanisms and timelines.

An inter?state bus terminal at Kumedi that was built at a cost of over Rs 1 bn has yet to become operational because an operator is not in place, according to officials, and that example has highlighted gaps between capital spending and functional outcomes. Authorities indicated that the forthcoming budget is likely to prioritise accelerating stalled projects and strengthening basic urban infrastructure. Officials also noted that effective implementation will be crucial to translate allocations into visible improvements.

The authority plans to focus on realistic phasing and on identifying constraints that limited execution in the previous year, including administrative and financial bottlenecks. The budgetary proposal is therefore expected to combine continued capital investment with measures to improve project management and monitoring. Stakeholders will be watching whether the new allocations translate into faster delivery on the ground.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..