AM/NS India Begins Work on Rs 1.36 Trillion Andhra Plant

27 Mar 2026 CW Team

AM/NS India has begun work on a new steel plant in Andhra Pradesh with an investment of Rs 1.36 trillion (tn). The company said the project marks a major expansion of industrial capacity in the state and represents one of the largest recent private investments in India’s steel sector. Work has commenced on preparatory and site development activities and the company indicated that construction will be carried out in phases to manage scale and logistics.

The facility is expected to strengthen local supply chains and support ancillary industries across the region. The developer indicated that the project would create employment opportunities and stimulate demand for goods and services among suppliers, contractors and logistics providers. Officials from the state government welcomed the investment and noted its potential to accelerate regional infrastructure projects and increase availability of domestically produced steel for construction and manufacturing.

The company emphasised that the investment follows its long term strategy to augment production capabilities and respond to rising domestic and international demand. The project cost of Rs 1.36 tn places it among sizeable industrial ventures in the country and is intended to position the company to serve evolving markets. The developer also outlined plans to integrate modern process technologies and operational practices to improve efficiency and reduce resource intensity over the asset lifecycle.

The initiative will proceed in collaboration with relevant state agencies and regulatory authorities to secure required clearances and ensure compliance with environmental and social norms. The company said it would engage local stakeholders during implementation and monitor progress against milestones. The plant development is expected to contribute to broader economic objectives while expanding the company’s manufacturing footprint in India.

Infrastructure Urban

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..