AM/NS India's Steel Project Stays in Odisha

07 Nov 2024 CW Team

The Odisha government confirmed that AM/NS India will not be relocating its proposed mega steel plant from Odisha, addressing speculations about a potential shift. The project, envisioned as one of the largest steel ventures in the region, aligns with Odisha's strategic goals for industrial growth and job creation. This assurance came from state officials after AM/NS India reaffirmed its commitment to the location, highlighting Odisha’s appeal due to its mineral wealth, industrial infrastructure, and supportive policies.

The proposed steel project, with a significant projected capacity, is anticipated to boost local employment, catalyze auxiliary industries, and strengthen Odisha’s position in India's steel production landscape. The state government is working closely with AM/NS India to streamline approvals and provide necessary infrastructure support, ensuring the project progresses on schedule.

Odisha has been proactively fostering industrial growth, and this project adds to the list of initiatives aiming to utilize the state’s mineral resources effectively. AM/NS India's decision to maintain its plans in Odisha underscores the state's attractiveness for large-scale industrial investments and signals a positive outlook for regional economic advancement.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..