Union Minister Discusses Urban Ties with ADB Chief

31 May 2025 CW Team

Union Minister Shri Manohar Lal met Asian Development Bank President Mr Masato Kanda in Delhi to discuss urban development collaboration. The Minister appreciated ADB’s role in knowledge frameworks supporting Union Budget 2025–26 priorities and sought support in pilot projects to serve as future models for city development.

The meeting covered inclusive housing, mass transit, sanitation, urban governance, and reform. Shri Lal highlighted India's multi-modal mobility boom, and successes under missions such as Swachh Bharat, AMRUT, and PMAY-Urban. He stressed that ADB’s alignment with India’s goals could help build sustainable and inclusive urban centres.

Mr Kanda praised the progress in the Rapid Rail Transit System, noting its impact on transport, pollution control, and social integration. He encouraged private sector involvement for innovative, integrated urban development.

The two leaders discussed enhancing the Urban Challenge Fund, with city-level support to improve project viability. It aims to transform services in one hundred cities by treating them as growth hubs. Shri Lal expressed interest in demonstration projects as lighthouse models.

The meeting concluded with Mr Srinivas Katikithala, Secretary of Housing and Urban Affairs, thanking ADB for its commitment to India’s urban future.

Source
Press Information Bureau (PIB), Ministry of Power

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..