NABFID Targets Rs.1 Trillion Sanctions for New Infra Projects in FY25

19 Apr 2024 CW Team

The National Bank for Financing Infrastructure and Development (NABFID) is setting its sights on sanctioning projects worth ?1 trillion for new infrastructure initiatives in the fiscal year 2024-25. This ambitious target reflects NABFID's commitment to driving significant investment in critical infrastructure sectors to support economic growth and development.

The proposed sanctions by NABFID signify a concerted effort to accelerate infrastructure development across various sectors, including transportation, energy, and urban infrastructure. By mobilising substantial funding for infrastructure projects, NABFID aims to address key infrastructure gaps and foster sustainable economic progress.

The targeted sanctions for new infrastructure projects underscore NABFID's pivotal role in facilitating infrastructure financing and promoting public-private partnerships (PPPs) to bridge investment shortfalls. The initiatives are expected to unlock opportunities for private sector participation and stimulate economic activity in strategic sectors.

NABFID's emphasis on infrastructure financing aligns with the government's broader agenda to boost infrastructure investment and enhance the country's productive capacity. By channelling funds towards priority projects, NABFID aims to create employment opportunities, improve connectivity, and enhance overall quality of life for citizens.

As NABFID works towards achieving its ?1 trillion sanctions target for FY25, its efforts are poised to contribute significantly to India's infrastructure development agenda. The sanctions are expected to catalyse investments, spur economic growth, and strengthen the country's infrastructure backbone to meet the demands of a rapidly evolving economy.

Infrastructure Urban

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..