Haryana CM, Union Minister Launch Phase 1 of Gurugram Metro Project

08 Sep 2025 CW Team

“The metro rail project will reduce congestion and pollution in the city. This is a historic day, and this project will transform the transport infrastructure of Gurugram and boost connectivity across NCR,” Saini said at the Gurugram University auditorium.

Phase 1 will span 28.5 km from Millennium City Centre to Sector 101, with 15.22 km of viaduct and 15 stations along the route. The project, costing around Rs 56 billion, is expected to drive development in Gurugram, Manesar and Faridabad, Khattar noted.

Pradeep Aggarwal, Founder & Chairman, Signature Global (India), said: “The foundation of the Gurugram Metro Expansion Project marks a landmark moment in the city’s growth journey. Metro connectivity is the backbone of any modern urban ecosystem, and this expansion—spanning 15 km with 15 new stations—will ease mobility, decongest traffic, and unlock new opportunities for both businesses and citizens.”

He added, “Along with transformative infrastructure such as the Dwarka Expressway, Southern Peripheral Road, and Sohna Elevated Corridor, this development is set to redefine Gurugram as a seamlessly connected urban hub. Collectively, these projects are not only enhancing the real estate potential of SPR and Dwarka Expressway but also laying the foundation for balanced, sustainable, and inclusive urban growth.”

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..