Grandweld To Showcase Maritime Innovation At UAE Industry Forum

14 May 2025 CW Team

Grandweld Shipyards will spotlight its shipbuilding and repair expertise at the upcoming ‘Make It In The Emirates Forum 2025’, scheduled from May 19 to 22 at ADNEC, Abu Dhabi. The company, which marks over four decades of UAE operations, will present advanced capabilities in vessel design, construction, and conversion—emphasising sustainability and technological innovation.

This comes as the UAE’s shipbuilding output is projected to touch USD 423.01 million in 2025, with a CAGR of 3.47 per cent from 2025 to 2029. Meanwhile, the country’s Offshore and Commercial Ship Repair market is expected to reach USD 802.3 million by 2031. Grandweld aims to play a key role in this growth by aligning with the UAE’s “We the UAE 2031” vision and its goal to become a global maritime hub.

At the forum, Grandweld will showcase a portfolio of vessels spanning oil and gas, military, ports and harbours, autonomous ships, passenger transport, and crew boats.

Jamal Al Abki, General Manager, noted that the UAE’s evolving ports and infrastructure have driven demand for advanced shipbuilding. Grandweld’s shipyard is designed to meet these needs with a focus on innovation and eco-friendly practices.

Visitors to booth C3-23 concourse can explore models, immersive videos and displays that illustrate Grandweld’s contributions to regional and global maritime excellence.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..