PM lays foundation stone for Rs 105 billion projects in Vizag
ROADS & HIGHWAYS

PM lays foundation stone for Rs 105 billion projects in Vizag

Prime Minister Narendra Modi chastised previous governments for their ad hoc approach to infrastructure development, claiming that it resulted in higher logistics costs and a snag in the supply chain. India has become the centre of hope for the entire world, and this is due to the government's ability to respond to the aspirations and needs of the country's citizens, Prime Minister Narendra Modi announced in Visakhapatnam, Andhra Pradesh, where he dedicated to the nation multiple projects worth more than Rs. 105 billion.

Modi has stated that the development of advanced infrastructure was critical to inclusive growth and that previous governments' isolated approach to infrastructure development resulted in higher logistics costs and a disruption in the supply chain. The government has taken a new approach to infrastructure development because supply chain and logistics rely on multi-modal connectivity while focusing on an integrated view of development, he has reportedly added.

Also read:
The intelligent Net Zero design to generate 30 per cent surplus
PM unveils Terminal 2 at Bengaluru's Kempegowda International Airport

Prime Minister Narendra Modi chastised previous governments for their ad hoc approach to infrastructure development, claiming that it resulted in higher logistics costs and a snag in the supply chain. India has become the centre of hope for the entire world, and this is due to the government's ability to respond to the aspirations and needs of the country's citizens, Prime Minister Narendra Modi announced in Visakhapatnam, Andhra Pradesh, where he dedicated to the nation multiple projects worth more than Rs. 105 billion. Modi has stated that the development of advanced infrastructure was critical to inclusive growth and that previous governments' isolated approach to infrastructure development resulted in higher logistics costs and a disruption in the supply chain. The government has taken a new approach to infrastructure development because supply chain and logistics rely on multi-modal connectivity while focusing on an integrated view of development, he has reportedly added. Also read: The intelligent Net Zero design to generate 30 per cent surplus PM unveils Terminal 2 at Bengaluru's Kempegowda International Airport

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Real Estate

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement