Nitin Gadkari: Indian roads to be as good as American by 2024

22 Apr 2022 CW Team

India is going through rapid development under PM Modi and the road infrastructure in India shall be as good as the ones in America by 2024, according to Union Minister for Road Transport and Highways, Nitin Gadkari while addressing an industry interaction session held by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

In the session on the socio-economic vision of India via infrastructure investments, Nitin Gadkari said that agriculture, industry, employment, and infrastructure represent the pillars of growth and development. People can no longer expect just the government to make all investments as there is a need to find innovative financial models for securing the finances of projects. An excellent example and case study is the management of liquid and solid waste in Mathura.

He added that the road sector lacks a dedicated NBFC such as the power sector or Indian railways which needs to be dealt with at the earliest. Insurance funds and pension funds seem like viable options and further tie-ups with foreign funds for accessible loans against the dollar. Therefore an infrastructure-focused NBFC is an urgent requirement.

The government is working towards systematically addressing challenges in infrastructure development, land acquisition being a major obstacle and reason for delay. However, now all projects commence only after executing 80-90% of acquisitions.

Image Source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..