

Rs 700 Million Sanctioned for Kochi-Palakkad Corridor
The government has sanctioned Rs 700 million for land acquisition by KINFRA for the Kochi-Palakkad Hi-Tech Industrial Corridor, a vital component of Kerala’s broader Kochi-Bangalore Industrial Corridor (KBIC). The funding move supports the advancement of one of the state’s flagship industrial initiatives aimed at boosting manufacturing and attracting investment.The Kochi-Palakkad stretch forms a major segment of the 2,060-acre KBIC project and includes two major hubs: the Industrial Manufacturing Cluster (IMC) in Palakkad and the 350-acre Global City in Ayyampuzha, Ernakulam—formerly ref..

Vertis Raises Rs 9 Billion via Sustainability-Linked Bond
Vertis Infrastructure Trust announced on 23 July that it has raised Rs 9 billion through a Sustainability-Linked Bond (SLB), marking a significant move in India’s ESG-aligned infrastructure financing.Formerly known as Highways Infrastructure Trust, Vertis is a SEBI-registered Infrastructure Investment Trust (InvIT). The issuance was anchored by the International Finance Corporation (IFC), signalling strong global investor confidence in India’s evolving sustainable finance landscape.The SLB includes predefined sustainability performance targets, linking interest rates to environmental and s..

IndoSpace to Invest Rs 10.4 Billion in Pune Logistics Park
IndoSpace will invest over Rs 10.4 billion to develop a 188-acre industrial and logistics park in Chakan, Pune, strengthening its presence in one of India’s most prominent manufacturing corridors. This will be the firm’s eighth logistics park in the region, taking its Pune footprint to 525 acres.The new facility, IndoSpace Chakan V, will cater to rising demand from sectors such as automotive, engineering, electronics, and third-party logistics (3PL). Located in MIDC Chakan, the park benefits from its proximity to key highways, including the Mumbai-Pune Expressway, Pune-Nashik Highway, Pune..