Varanasi Ropeway: India's first urban ropeway to be ready by August 2024

02 Jul 2024 CW Team

India's first-ever urban ropeway in Uttar Pradesh's Varanasi is set to be ready by August 2024. In addition to cutting down on travel time, this project will provide an aerial view of the city. The ropeway was inaugurated in March 2022.

This project is being undertaken under the 'Parvatmala Pariyojana' National Ropeways Development Programme.

The contract for the ropeway project was given to an Indian company, Vishwa Samudra Engineering and its Swiss technology partner Bartholet Maschinenbau. Phase 1 of this ropeway is projected to cost Rs.6.45 billion and be completed by 2025. The 3.7-km ropeway is expected to transport 96,000 passengers per day with a maximum capacity of 3,000 passengers per hour per direction. It will have 153 cars with a capacity of 10 passengers each, will operate 16 hours a day and will complete the trip in about 16 minutes. At each of the four stations, gondolas will come every two to three minutes, guaranteeing a seamless and effective commuting experience.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..