Ranchi, Hatia & Tatanagar railway stations to be redeveloped at Rs 11 Bn

05 Feb 2025 CW Team

The central government has allocated Rs 11.4 billion for the redevelopment of three major railway stations in Jharkhand—Ranchi, Hatia and Tatanagar. Railway Minister Ashwini Vaishnaw shared this update via video conferencing on Monday, February 3, 2025.

“The redevelopment will enhance passenger amenities, improve connectivity and modernize infrastructure,” Vaishnaw stated. At Hatia station, a second entry gate is under construction in the western section, along with residential blocks. The relocation of offices is also in progress. Rs 3.5 billion has been set aside for these developments in the 2025 budget, as announced by Finance Minister Nirmala Sitharaman.

Tatanagar station in Jamshedpur is also set for a major revamp. The Railway Ministry has invited EPC tenders for the project, which will open on April 9, 2025. Rs 3.48 billion will be spent on its redevelopment to enhance passenger comfort and station aesthetics.

The redevelopment of these three key railway stations is expected to significantly boost railway infrastructure in Jharkhand, ensuring a better travel experience for passengers. Officials from the South Eastern Railway Ranchi Division were also present at the announcement.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..