Japan Extends 192 Billion Yen Loan for Six Key Projects in India

01 Apr 2025 CW Team

India and Japan have signed loan agreements worth 191.736 billion Yen under Japan’s Official Development Assistance, supporting six major projects in forest management, water supply, urban transport, aquaculture, biodiversity conservation, and investment promotion, the Finance Ministry announced.

The agreements, signed with the Japan International Cooperation Agency (JICA) on Thursday, include funding for the Tamil Nadu Investment Promotion Programme (36.114 billion Yen), the Chennai Seawater Desalination Plant (52.556 billion Yen), and the Delhi Metro expansion (79.726 billion Yen). Other projects include forest management in multiple states (¥8.280 billion), aquaculture promotion in Assam (3.580 billion Yen), and biodiversity conservation in Punjab (11.480 billion).

These projects aim to enhance sustainable economic growth, improve water security, mitigate climate change, and bolster regional development. Strengthening economic ties, this collaboration reinforces the India-Japan Strategic and Global Partnership.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..