Over 141 Acres of Land Allocated for Pharma Park in Naya Raipur

31 Dec 2024 CW Team

Chhattisgarh is positioning itself as a key pharmaceutical hub in central India, with the Naya Raipur Atal Nagar Development Authority allocating 141.84 acres of land in Sector-22 for the establishment of a pharmaceutical park. The Chhattisgarh State Industrial Development Corporation (CSIDC) has been granted the land to develop this initiative.

According to state representatives, the development of this park is part of a broader strategy to strengthen healthcare services and improve accessibility for citizens. The project aligns with the state’s new industrial policy for 2024-30, which offers various incentives and concessions to pharmaceutical industries.

The government anticipates that the pharmaceutical park will attract both domestic and international investments, increase competition in the sector, create jobs for local youth, and stimulate economic growth in the state.

"Through this park, we aim to meet the growing demand for healthcare products both domestically and internationally. Additionally, Chhattisgarh’s Shaheed Veer Narayan Singh Ayushman Health Scheme provides free treatment to 77.20 lakh families in the state, which will be expanded to cover Rs 10 lakh in the future," said the government spokesperson.

The facility will support pharmaceutical units specialising in Ayush products, with modern infrastructure including a flatted factory complex and a common effluent treatment plant (CETP). The park will also feature research and development centres and testing laboratories.

The state government offers a 100% investment promotion on capital investments for large-scale pharmaceutical enterprises, including reimbursements for SGST payments and capital investment grants.

Infrastructure Urban

23 Oct 2025

PM GatiShakti Reviews Major Road, Rail and Metro Plans

The Network Planning Group (NPG) under the PM GatiShakti initiative has evaluated multiple infrastructure projects spanning road, rail, and metro systems. The review covered two highway projects by the Ministry of Road Transport and Highways (MoRTH), two railway proposals by the Ministry of Railways, and one metro project under the Ministry of Housing and Urban Affairs (MoHUA). According to the Ministry of Commerce and Industry, the projects were assessed for alignment with PM GatiShakti’s principles of integrated multimodal connectivity, last-mile linkage to economic and social hubs, and t..

MahaRERA Fast-Tracks 809 Project Approvals Ahead of Diwali

As Diwali 2025 approaches, the Maharashtra Real Estate Regulatory Authority (MahaRERA) is expediting approvals for new housing projects to ensure compliance with legal, technical, and financial standards before launch. The festive season, especially Dussehra and Diwali, traditionally marks a peak period for real estate launches as developers seek to capitalise on auspicious timings and heightened buyer sentiment. This year, MahaRERA has taken a proactive approach to facilitate timely project approvals ahead of the celebrations. A total of 809 project applications were approved recently, cover..

HFCL Bags Rs 2.8 Billion Export Order for Fibre Cables

Telecom equipment manufacturer HFCL has secured an export order worth USD 32.02 million (around Rs 2.8 billion) for the supply of optical fibre cables to an international client. In a regulatory filing, the company stated that the order was received through its wholly owned overseas subsidiary and is scheduled for execution by December 2026. The contract entails the supply of optical fibre cables customised to the client’s specifications, underscoring HFCL’s strong manufacturing expertise and technological capability in the global telecom infrastructure space. This order further strengt..