Air India, Tata Invest Rs 23 Bn in Karnataka

21 Feb 2024 CW Team

In a significant development, Air India and Tata Advanced Systems Limited are set to jointly invest Rs 23 billion in Karnataka. This substantial investment reflects the collaboration's commitment to contribute to the state's economic growth and infrastructure development.

The planned investment signifies a strategic partnership between Air India and Tata Advanced Systems, leveraging their respective strengths to drive economic activities in Karnataka. The funds are expected to be allocated to various projects that align with the state's developmental goals, potentially spanning aviation and advanced systems sectors.

The collaborative investment is anticipated to create employment opportunities, stimulate local economies, and bolster Karnataka's position as a key hub for aviation and advanced technologies. The joint initiative underlines the commitment of both entities to participate actively in the state's growth story.

As Air India and Tata Advanced Systems embark on this venture, the investment is poised to have a multiplier effect on the local economy, contributing to Karnataka's infrastructure and industrial development. This collaboration reflects the potential for public-private partnerships to play a pivotal role in driving investments, fostering innovation, and enhancing the overall economic landscape of the state.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..