Modi to inaugurate multiple infra projects worth Rs 173 billion
ECONOMY & POLICY

Modi to inaugurate multiple infra projects worth Rs 173 billion

Prime Minister Modi will inaugurate multiple infrastructure projects worth Rs 173 billion in Thoothukudi, Tamil Nadu, on February 28, 2024. He is set to lay the foundation stone of the Outer Harbor Container Terminal at V.O. Chidambaranar Port.

The project aims to leverage India's long coastline and favourable geographic location and strengthen India's competitiveness in the global trade arena. The major infrastructure project will also lead to the creation of employment generation and economic growth in the region.

Establishing this Container Terminal is pivotal in transforming V.O. Chidambaranar Port into a central transhipment hub along the east coast.

The Prime Minister reached Madurai on 27 February to participate in the programme 'Creating the Future - Digital Mobility for Automotive MSME Entrepreneurs' and will participate in the launch of two major initiatives designed to support and uplift MSMEs in the Indian automotive industry. The initiatives include the TVS Open Mobility Platform and the TVS Mobility-CII Centre of Excellence.

It said that the Prime Minister will inaugurate various other projects to make the V.O. Chidambaranar Port the country's first Green Hydrogen Hub Port. These projects include a desalination plant, hydrogen production and bunkering facility.

PM Modi's trip to the Land of Temples also includes launching India's first indigenous green hydro-fuel cell inland waterway vessel under the Harit Nauka initiative to embrace clean energy solutions and align with the nation's net-zero commitments.

Modi is set to double the Vanchi Maniyachchi " Nagercoil rail line, including the sections of Vanchi Maniyachchi - Tirunelveli and Melappalayam " Aralvaymoli with a project cost of Rs 1.477 billion for reduced train travel time heading towards Chennai from Kanyakumari, Nagercoil and Tirunelveli.PM Modi will also dedicate four road projects in Tamil Nadu, developed at a total cost of about Rs 45.86 billion.

These projects include the four-laning of the Jittandahalli-Dharmapuri section of NH-844, two-laning with paved shoulders of the Meensurutti-Chidambaram section of NH-81, four-laning of the Oddanchatram-Madathukulam section of NH-83, and two-laning with paved shoulders of the Nagapattinam-Thanjavur section of NH-83.

Prime Minister Modi will inaugurate multiple infrastructure projects worth Rs 173 billion in Thoothukudi, Tamil Nadu, on February 28, 2024. He is set to lay the foundation stone of the Outer Harbor Container Terminal at V.O. Chidambaranar Port. The project aims to leverage India's long coastline and favourable geographic location and strengthen India's competitiveness in the global trade arena. The major infrastructure project will also lead to the creation of employment generation and economic growth in the region. Establishing this Container Terminal is pivotal in transforming V.O. Chidambaranar Port into a central transhipment hub along the east coast. The Prime Minister reached Madurai on 27 February to participate in the programme 'Creating the Future - Digital Mobility for Automotive MSME Entrepreneurs' and will participate in the launch of two major initiatives designed to support and uplift MSMEs in the Indian automotive industry. The initiatives include the TVS Open Mobility Platform and the TVS Mobility-CII Centre of Excellence. It said that the Prime Minister will inaugurate various other projects to make the V.O. Chidambaranar Port the country's first Green Hydrogen Hub Port. These projects include a desalination plant, hydrogen production and bunkering facility. PM Modi's trip to the Land of Temples also includes launching India's first indigenous green hydro-fuel cell inland waterway vessel under the Harit Nauka initiative to embrace clean energy solutions and align with the nation's net-zero commitments. Modi is set to double the Vanchi Maniyachchi Nagercoil rail line, including the sections of Vanchi Maniyachchi - Tirunelveli and Melappalayam Aralvaymoli with a project cost of Rs 1.477 billion for reduced train travel time heading towards Chennai from Kanyakumari, Nagercoil and Tirunelveli.PM Modi will also dedicate four road projects in Tamil Nadu, developed at a total cost of about Rs 45.86 billion. These projects include the four-laning of the Jittandahalli-Dharmapuri section of NH-844, two-laning with paved shoulders of the Meensurutti-Chidambaram section of NH-81, four-laning of the Oddanchatram-Madathukulam section of NH-83, and two-laning with paved shoulders of the Nagapattinam-Thanjavur section of NH-83.

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?