Modi Launches Rs 29,700 Mn Development Push In Daman

15 Jun 2026 CW Team

A key inauguration was the new terminal building at NAMO Airport in Daman. The terminal will improve regional air connectivity, support tourism growth and enhance access for business travellers and visitors. The airport project is part of broader efforts to integrate smaller regions into the expanding national aviation network.

The Prime Minister dedicated NAMO Hospital, a new healthcare facility that will strengthen access to advanced medical services for residents of Daman and neighbouring areas and reduce reliance on hospitals in larger cities. The PMO said the Daman package spans multiple sectors, including healthcare, civil aviation, tourism, infrastructure development, public welfare and transport connectivity. Authorities said the projects are intended to provide a significant boost to the overall development of Dadra and Nagar Haveli and Daman and Diu.

The visit also included the laying of foundation stones for four major port-related projects in the Union Territory of Lakshadweep worth around Rs 8,850 mn, covering the development of port facilities on the eastern and western sides of Kalpeni Island and Kadmat Island. The multipurpose jetties will facilitate year-round berthing of large passenger vessels, including cruise vessels of up to 300 metres in length, and will provide integrated facilities for fish handling, fuel distribution, ice supply and boat repair. With the latest announcements, the combined value of projects launched during the Prime Minister's Gujarat and Daman visit exceeded Rs 210,000 mn, reflecting continued government investment in connectivity, public infrastructure and regional development.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Prime Minister Narendra Modi inaugurated, dedicated and laid foundation stones for development projects worth around Rs 29,700 mn in Daman during a visit that formed the second leg of his regional engagements on June five, 2026. The package covers healthcare, civil aviation, tourism, connectivity, infrastructure and public welfare and was presented by the Prime Minister's Office as part of efforts to strengthen public services and regional economies. The announcements followed earlier engagements in Surat, where projects worth around Rs 188,000 million were launched. A key inauguration was the new terminal building at NAMO Airport in Daman. The terminal will improve regional air connectivity, support tourism growth and enhance access for business travellers and visitors. The airport project is part of broader efforts to integrate smaller regions into the expanding national aviation network. The Prime Minister dedicated NAMO Hospital, a new healthcare facility that will strengthen access to advanced medical services for residents of Daman and neighbouring areas and reduce reliance on hospitals in larger cities. The PMO said the Daman package spans multiple sectors, including healthcare, civil aviation, tourism, infrastructure development, public welfare and transport connectivity. Authorities said the projects are intended to provide a significant boost to the overall development of Dadra and Nagar Haveli and Daman and Diu. The visit also included the laying of foundation stones for four major port-related projects in the Union Territory of Lakshadweep worth around Rs 8,850 mn, covering the development of port facilities on the eastern and western sides of Kalpeni Island and Kadmat Island. The multipurpose jetties will facilitate year-round berthing of large passenger vessels, including cruise vessels of up to 300 metres in length, and will provide integrated facilities for fish handling, fuel distribution, ice supply and boat repair. With the latest announcements, the combined value of projects launched during the Prime Minister's Gujarat and Daman visit exceeded Rs 210,000 mn, reflecting continued government investment in connectivity, public infrastructure and regional development.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..