Posco, Adani Group to set up $5 billion Mundra steel mill

17 Jan 2022 CW Team

South Korean group Posco and Adani Group have entered an agreement to jointly build an integrated steel plant worth USD 5 billion in Gujarat. This was the third attempt of the South Korean company to have a substantial manufacturing presence in India.

The initial non-binding agreement between the two companies states that the environment-friendly steel mill will be established in Mundra, Gujarat, which is also Gautam Adani’s home state.

However, details regarding the new plant’s investment and manufacturing capacity have not been disclosed.

This alliance is an amazing step for the Adani Group which is so diversified and has interests in various sectors such as ports, logistics, power, airports, mining, infrastructure, and so on.

Recently Adani announced plans for major investment for becoming the world’s best renewable energy company.

They are also uniting with new-age businesses as part of their plans for their super-app and investment in data centers.

According to a statement, renewable energy, hydrogen, and logistics are the further sectors in which the two companies plan on collaborating further at a group level for the reduction in global carbon footprint.

The companies have plans for tapping into renewable energy sources as well as green hydrogen, aligning with ESG commitments for sustainable and efficient energy.

Image Source

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..