Naidu Inaugurates New Units in Sri City, Clears 12 More Projects

18 Nov 2025 CW Team

Andhra Pradesh Chief Minister N Chandrababu Naidu recently inaugurated five industrial units in Sri City and witnessed agreements for 12 additional projects worth Rs 2,320 crore at the 30th CII Partnership Summit. The upcoming investments — across engineering, food processing and pharmaceuticals — are expected to create 12,365 jobs.

Naidu said Sri City has become one of India’s leading industrial townships, home to global manufacturers such as Daikin, Isuzu and Cadbury. He added that 6,000 acres will soon be allocated to support further expansion, enabling companies from more than 50 countries to operate from the hub.

The Chief Minister also announced plans for an airstrip near Sri City, projecting that the township will employ 1.5 lakh people in the near future. Located in Tirupati district, Sri City comprises a multiproduct SEZ, DTZ, FTWZ and an electronics manufacturing cluster.

Naidu further highlighted that Andhra Pradesh will introduce escrow accounts for industrial incentives — a first-of-its-kind initiative in the country.

Real Estate

18 Nov 2025

Dubai’s Luxury Hotels Continue to Redefine Premium Hospitality

Dubai’s luxury hospitality segment is playing a central role in the city’s strong tourism performance in 2025. Recent data from Cavendish Maxwell shows that five-star hotels have recorded the highest growth this year, with Dubai’s room supply crossing 152,000 across more than 800 properties. The luxury segment alone contributed over 54,000 rooms, and the city achieved an average occupancy rate of 78.5 per cent, underscoring its position as one of the world’s most resilient hotel markets. Beyond strong numbers, the definition of luxury in Dubai has evolved. Guests increasingly seek exp..

Nirmana-100 Convergence Unites Leaders to Transform AECO Sector

The Nirmana-100 Innovation Convergence, organised by AmpliNxt and SoftTech Engineers Limited, concluded in Pune, bringing together policymakers, industry leaders, investors, and innovators from across India. The event served as a platform to reimagine the future of the Architecture, Engineering, Construction and Operations (AECO) sector and support India’s vision for Viksit Bharat 2047. A major highlight was the participation of national-level policymakers discussing government programmes and opportunities for AECO-focused innovators. Shri Durga Shanker Mishra, IAS (Former Chief Secretary, ..

Nine Emerging Cities Drive Office and Logistics Growth: JLL

A new JLL report highlights a major shift in India’s commercial real estate market as nine emerging cities have collectively crossed a GDP of Rs 9.9 trillion and now command 70 million sq. ft of Grade A office space and 80 million sq. ft of logistics infrastructure. While metros continue to dominate demand, these cities are becoming the next engines of expansion. The report, titled Beyond the metros: Insights into India’s emerging real estate stars, names Chandigarh Tricity, Jaipur, Lucknow, Indore, Nagpur, Coimbatore, Kochi, Bhubaneswar, and Guwahati as the leading emerging markets offer..