NICDC honoured with Udyog Vikas Award for Palakkad Industrial Smart City initiative

31 May 2025 CW Team

During his address, Shri Varma lauded the Integrated Manufacturing Cluster (IMC) at Palakkad, stating, “The project is poised to reshape the infrastructure and industrial landscape of Kerala and the broader southern region of the country.”

The event included a technical session on the National Industrial Corridor Development Programme, which provided insights into the strategic vision, planning, and progress of the Palakkad Industrial Smart City. NICDC Logistics Data Services Ltd. (NLDSL) also highlighted the innovative digital solutions through the Logistics Data Bank (LDB) and Unified Logistics Interface Platform (ULIP).

Spanning 1,710 acres across Pudussery Central, Pudussery West, and Kannambra, Palakkad Industrial Smart City marks a key milestone in Kerala’s industrial development. Located 21 km from Palakkad city and well-connected by road, rail, and air, it offers seamless interstate connectivity and logistical advantages, making it a major industrial gateway for South India.

Key milestones achieved include 81% land possession, environmental clearances granted as of January 1, 2025, issuance of Letter of Award to Project Management and Construction Consultant, and ongoing finalisation of EPC tender documents.

NLDSL showcased its contributions to transforming India’s logistics ecosystem since its inception in September 2022. ULIP has integrated 43 systems from 11 ministries, connecting 129 APIs and over 1,800 data fields, benefiting more than 1,300 registered companies and enabling over 100 crore API transactions. The platform aligns with Prime Minister Shri Narendra Modi’s vision for a unified and efficient logistics network.

NICDC’s award recognises its pivotal role in driving India’s industrial transformation and boosting the nation’s global manufacturing and logistics competitiveness.

National Industrial Corridor Development Corporation (NICDC) received the Udyog Vikas Award at the Udyog Vikas event organised by Kerala’s Janmabhumi Daily. The ceremony was graced by Union Minister of State for Heavy Industries, Public Enterprises, and Steel, Shri Bhupathi Raju Srinivasa Varma, who reaffirmed the government’s commitment to developing state-of-the-art Greenfield Industrial Smart Cities nationwide. During his address, Shri Varma lauded the Integrated Manufacturing Cluster (IMC) at Palakkad, stating, “The project is poised to reshape the infrastructure and industrial landscape of Kerala and the broader southern region of the country.” The event included a technical session on the National Industrial Corridor Development Programme, which provided insights into the strategic vision, planning, and progress of the Palakkad Industrial Smart City. NICDC Logistics Data Services Ltd. (NLDSL) also highlighted the innovative digital solutions through the Logistics Data Bank (LDB) and Unified Logistics Interface Platform (ULIP). Spanning 1,710 acres across Pudussery Central, Pudussery West, and Kannambra, Palakkad Industrial Smart City marks a key milestone in Kerala’s industrial development. Located 21 km from Palakkad city and well-connected by road, rail, and air, it offers seamless interstate connectivity and logistical advantages, making it a major industrial gateway for South India. Key milestones achieved include 81% land possession, environmental clearances granted as of January 1, 2025, issuance of Letter of Award to Project Management and Construction Consultant, and ongoing finalisation of EPC tender documents. NLDSL showcased its contributions to transforming India’s logistics ecosystem since its inception in September 2022. ULIP has integrated 43 systems from 11 ministries, connecting 129 APIs and over 1,800 data fields, benefiting more than 1,300 registered companies and enabling over 100 crore API transactions. The platform aligns with Prime Minister Shri Narendra Modi’s vision for a unified and efficient logistics network. NICDC’s award recognises its pivotal role in driving India’s industrial transformation and boosting the nation’s global manufacturing and logistics competitiveness.

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..

Infrastructure Transport

30 May 2026

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..

Infrastructure Urban

30 May 2026

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..