Indore Metro Begins Operations on 6-Km Priority Corridor

02 Jun 2025 CW Team

Prime Minister Narendra Modi on Saturday virtually inaugurated Madhya Pradesh’s first metro rail service in Indore, marking a major milestone in the state’s urban transport development. Speaking from Bhopal during a women empowerment-themed event, he praised Indore’s growing reputation, stating the city would now be known not just for cleanliness but also for its metro connectivity.

The metro has commenced commercial operations on a six-kilometre Super Priority Corridor, running from Gandhi Nagar Station to Station No. 3 along the Super Corridor. This initial segment of the metro network was developed at a cost of Rs 15.2 billion.

The corridor features five stations, each named after notable Indian women: Devi Ahilya Bai Holkar Terminal, Maharani Lakshmi Bai Station, Rani Avanti Bai Lodhi Station, Rani Durgavati Station, and Veerangana Jhalkari Bai Station, reinforcing the event’s theme of celebrating women leaders.

Union Minister of State for Housing and Urban Affairs, Tokhan Sahu, hailed the project as a significant achievement and a gift from the Prime Minister, adding that Indore is now the 24th Indian city to operate a metro service.

The foundation stone for the corridor was laid on 14 September 2019, and trial runs were successfully completed in September 2023. Although the infrastructure is designed to support six-coach trains, the metro has begun with three-coach trains that can accommodate up to 980 passengers.

The launch of the Indore Metro is expected to ease congestion, promote clean mobility, and serve as a catalyst for the city’s continued development.

Infrastructure Urban

07 Oct 2025

Paras Defence Subsidiary Wins Rs 460 Mn Anti-Drone Order

Paras Defence and Space Technologies (PDST) saw its shares rise 1.5 per cent to Rs 701 after its subsidiary, Paras Anti-Drone Technologies, secured a defence contract from the Ministry of Defence, Government of India, valued at approximately Rs 460.19 million.The order covers the supply of Anti-Drone Systems, including Drone Jammers, marking a significant milestone for Paras Anti-Drone in India’s growing counter-UAV segment. The contract is scheduled for execution by March 2026. According to official filings, the award is from a domestic entity, not a related party transaction, and no promot..

Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabr..

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..