Centre Accelerates Rs 12.59 Bn NH-47 Project for Ahmedabad Traffic Relief

15 Jul 2024 CW Team

The Government of India has expedited the implementation of the Rs 12.59 billion National Highway (NH)-47 project aimed at easing traffic congestion in Ahmedabad, Gujarat. This initiative underscores efforts to enhance infrastructure connectivity and alleviate urban traffic challenges.

The NH-47 project includes widening and upgrading a crucial stretch of the national highway to accommodate increased vehicular traffic efficiently. It is designed to improve connectivity between Ahmedabad and its outskirts, facilitating smoother transportation of goods and passengers.

The project's acceleration is part of the government's broader infrastructure development agenda, focusing on upgrading key transportation corridors across the country. By enhancing road infrastructure, the initiative aims to reduce travel time, lower logistics costs, and enhance overall economic efficiency.

The fast-tracking of the NH-47 project reflects the government's commitment to enhancing urban mobility and promoting regional development. It is expected to significantly benefit commuters, businesses, and industries reliant on efficient transport networks in and around Ahmedabad.

This strategic infrastructure investment aligns with India's goals of modernising transportation networks and supporting economic growth through improved connectivity. The NH-47 project's timely completion is set to alleviate traffic bottlenecks, enhance safety, and bolster the overall socio-economic landscape of Ahmedabad and its surrounding areas.

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..