MPTB to Attract Investments For 28 Land Parcels

31 Jan 2025 CW Team

Aiming to enhance adventure and recreational infrastructure in the state, Madhya Pradesh Tourism Board (MPTB) is contemplating attracting investment from private entities on 28 new land parcels and seven heritage properties in the state, for which the department has commenced the tender issuance process.

The state govt is seeking investment for establishing eco-tourism destinations, resorts, hotels and wellness centres at identified locations to bolster tourism in the state.

Mandsaur, Dhar, Narsinghpur, Chindwara, Bhind, Neemuch, Betul, Narmadapuram, Raisen, Shajapur and Shahdol are amongst the locations where MPTB intends to offer land to investors for creating infrastructure.”In the state, 28 new land parcels and seven heritage properties are prepared for bidding. The objective is to develop infrastructure and augment amenities and services to enhance tourist footfall in the state.

Tourist influx in the state is increasing and development of fresh infrastructure will provide a further impetus to the properties. In MP, we possess ample land parcels spanning across diverse geographies including wildlife, hills and plains, providing numerous options for investors to select from the offered properties,” said Bidisha Mukherjee, the additional managing director of MPTB.

The board has allotted around 79 land parcels to private investors for establishing various tourism projects till date. Of these, nine projects have become operational, 31 are under construction and 39 units are in process.

MPTB is additionally considering developing new wayside amenities amongst Gwalior, Hoshangabad, Rewa, Jabalpur and Rajgarh. Presently, approximately 100 way-side amenity centres have been transferred to private investors for operation, of which more than 75 are operational in the state.

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..