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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..