Gadkari Sanctions Rs 11.70 billion for Road Development in Ladakh

02 Jan 2024 CW Team

Union Minister Nitin Gadkari has granted approval for a noteworthy allocation of Rs 11.70 billion dedicated to road development projects in Ladakh. This substantial investment is poised to improve and expand the road infrastructure in the region, providing a vital link for strategic and socio-economic development in Ladakh.

The allocation underlines the government's commitment to bolstering connectivity and accessibility in Ladakh, a region of strategic importance. The infusion of Rs 11.70 billion is expected to catalyse the construction and upgradation of roads, fostering economic growth, tourism, and overall development in Ladakh.

Nitin Gadkari's approval aligns with the broader national agenda of strengthening infrastructure in border areas, ensuring their socio-economic integration and strategic significance. The substantial financial outlay reflects the government's determination to enhance the connectivity and resilience of road networks in challenging terrains like Ladakh.

As Ladakh navigates its unique geographical and strategic considerations, the sanctioned funds become a key enabler for transformative changes in the region's road infrastructure. The allocation not only addresses immediate connectivity needs but also contributes to the long-term development and prosperity of Ladakh, reinforcing the government's commitment to comprehensive and inclusive infrastructure growth.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..