Pune to Get 32.4 km Service Road to Ease Traffic Woes

13 Feb 2025 CW Team

Pune’s growing traffic congestion is set to ease with the construction of a 32.4-km-long service road between Khed Shivapur and Ravet, approved by the National Highways Authority of India (NHAI). The ?6 billion ($72 million) project aims to reduce travel time, improve road safety, and decongest key bottlenecks along the busy corridor.

With 90% of land acquisition completed by the Pimpri-Chinchwad Municipal Corporation and the remaining 10% in progress under the Pune Municipal Corporation, work is set to begin in March 2025 and conclude within two years. The two-lane service road on both sides of the main highway will help divert local traffic, allowing smoother movement for long-distance commuters.

Currently, around 210,000 vehicles use this corridor daily, leading to severe congestion at hotspots like Narhe, Navale Pul, Warje, Chandni Chowk, and Ravet. Once completed, commuters are expected to save 15 to 20 minutes per trip, enhancing overall traffic efficiency.

The project will be executed in three phases:

Khed Shivapur to the new Katraj tunnel Warje to Balewadi Wakad to Ravet Pune’s rapidly rising vehicle numbers, with a 10% annual increase, have overwhelmed existing infrastructure. This project aligns with the city’s broader urban transport strategy, which includes metro expansion and new flyovers.

Apart from easing congestion, the service road is expected to lower fuel consumption and emissions, contributing to sustainable urban mobility. However, experts emphasize the need for pedestrian pathways and cycling lanes to ensure a truly future-ready transport network. If executed effectively, the initiative could serve as a model for other cities facing similar congestion issues.

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..