GMR to lease manufacturing facility to Schneider Electric

11 Jul 2022 CW Team

GMR Hyderabad Aviation SEZ Ltd (GHASL), a 100% subsidiary of GMR Hyderabad International Airport Ltd (GHIAL), and Schneider Electric, one of the leaders in the digital transformation of energy management and automation, recently entered into an agreement to build and lease a state-of-the-art manufacturing facility at GMR Industrial Park in Hyderabad.

GHASL will build the facility on 18 acres of land and lease it to Schneider Electric, in a non-SEZ area, in two phases. Spread over 200,000 square feet in the first phase, the manufacturing facility will be handed over for operations by June 2023 and it will be expanded by an additional 1.75 lakh sq ft in the second phase, the company said.

‘GMR Industrial Park’, by virtue of being housed within Hyderabad International Airport, enjoys greater security, uninterrupted supply of utilities like power and water and a reliable IT backbone. The airport ecosystem has a five-star hotel, medical facilities, rental accommodation, reliable and affordable transportation, etc. It also houses the country’s first and only airport based Free Trade Warehousing Zone (FTWZ) on 20 acres within the SEZ. It is well connected by air, road and rail, including robust connectivity to seaports.

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..