First Metropolis Trainset Delivered Pune

11 Jun 2024 CW Team

Alstom has delivered the first Metropolis trainset for Pune Metro's Line 3, marking a significant milestone in the city's urban transport development. The Metropolis trainset, manufactured at Alstom's SriCity facility in Andhra Pradesh, features a modern design tailored for the Indian market. This delivery aligns with Alstom's commitment to supporting sustainable urban mobility in India. Pune Metro's Line 3, spanning 23.3 kilometers with 23 stations, aims to enhance the city's public transportation infrastructure. The introduction of these advanced trainsets is expected to significantly reduce travel time and improve commuter experience. Each Metropolis trainset is equipped with advanced features such as CCTV surveillance, spacious interiors, ergonomic seating, and energy-efficient systems, designed to ensure safety, comfort, and reliability.

Alstom's SriCity facility plays a crucial role in this project, emphasizing the company's focus on Make in India and supporting local manufacturing. The facility is known for producing high-quality trainsets for both domestic and international markets. The delivery of the first trainset is a testament to Alstom's engineering excellence and commitment to timely project execution.

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..