Construction of 170-km Pune Ring Road to begin post monsoon

01 Sep 2022 CW Team

Construction of the much-awaited 170-km Pune Ring Road is set to begin after the ongoing monsoon.

The Ring Road will significantly improve traffic and bring down pollution caused by traffic jams as it will separate inner-city traffic from highway traffic.

Tenders for the inaugural 32 km stretch, between the industrial hub of Chakan and Ahmednagar Road, and Nagar Road to Solapur, have been released. The project is being undertaken in the public-private partnership (PPP) mode by the Pune Metropolitan Region Development Authority (PMRDA).

The PMRDA is now drafting the detailed project report (DPR) for the inner part of the Ring Road.

The Ring Road is a massive undertaking that will bring together six national highways which traverse the Pune Metropolitan Area (PMR) - NH-40 (Mumbai-Pune), NH-60 (Pune-Nashik), NH-753F (Pune-Ahmednagar), NH-65 (Pune-Solapur), NH-965 (Pune-Saswad-Palkhi Marg) and NH-48 (Pune-Bengaluru).

The PMRDA will also look at creating new residential and commercial nodes that dovetail with the Ring Road.

Anil Pharande, President, CREDAI (Pune Metro), said that this is by far the most progressive step that is being taken to improve the quality of life and overall efficiency in Pune.

"Across India, the main development impetus has not been on critical infrastructure but on creating more and more cash-cow real estate projects wherever possible," he said.

Citizens will benefit from this development model primarily because they can reach their places of work with a minimum commute and get back home easily.

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..