MMRCL Proposes Metro Line 11 from Anik to Gateway

17 Jul 2025 CW Team

As Mumbai awaits the full operation of the 33.5km Aqua Line 3, the Mumbai Metro Rail Corporation Limited (MMRCL) has proposed a new underground corridor—Metro Line 11—stretching 17.5km from Anik Depot to the Gateway of India. The proposal has been submitted to the Maharashtra government and will move to the Union Urban Development Ministry following state clearance.

Metro Line 11 is designed to decongest the densely populated areas of South Mumbai. It will feature 13 stations, of which 12 will be underground and one—Anik Depot—at ground level. The plan includes a new depot at the 16-hectare Anik–Pratiksha Nagar BEST bus depot, enabling smoother metro-bus integration.

Of the 13 stations, eight will be constructed using the cut-and-cover technique, while the rest will employ the New Austrian Tunnelling Method, which leverages the natural stability of surrounding rock formations.

This line will integrate with existing and upcoming public transport systems including Metro Line 4 (Wadala–Kasarvadavli), Aqua Line 3, the Monorail, and key suburban railway stations such as Byculla and CSMT, enhancing connectivity across the city.

By 2031, the line is projected to handle 580,000 daily passengers, rising to over 860,000 by 2041. Construction timelines and bidding details will be announced once approvals are secured from both state and central authorities.

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..