Pune Metro Set for Ambitious Expansion

16 Apr 2024 CW Team

In a recent real estate event organized by Credtech Knowledge Federation, Shravan Hardikar, Managing Director of Maha Metro, unveiled ambitious plans for the expansion of Pune's Metro system. Hardikar projected that within the next five years, the Metro network would extend across all corridors in the city, greatly improving last-mile connectivity with most stations just 5-10 minutes apart.

Emphasizing the importance of public transport in enhancing urban living standards, Hardikar compared Pune's Metro expansion to London's extensive transportation network, which serves millions of riders daily. He stressed the necessity of efficient public transport systems in cities undergoing rapid development.

Highlighting Pune's transportation challenges, Hardikar noted that the city's development is outpacing its road infrastructure, with vehicle registrations projected to exceed road construction within three years. To tackle growing traffic issues, he called for collaborative efforts from all stakeholders to provide comprehensive solutions.

Addressing concerns about last-mile connectivity, Hardikar urged citizens to embrace alternative modes of transport such as walking or taking the bus. He cited Delhi's adoption of e-rickshaws for transporting commuters to and from Metro stations as an innovative solution to transportation challenges.

Hardikar underscored that decisions made regarding public transport would significantly impact the city's value proposition. With the impending saturation of all corridors by the Metro, Pune's residents can anticipate improved accessibility and enhanced urban mobility in the near future.

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..