Taranga Hill-Ambaji-Abu Road rail project gets approval

15 Jul 2022 CW Team

The Cabinet Committee on Economic Affairs gave a nod to the construction of the Taranga Hill-Ambaji- Abu Road new rail line. The estimated cost of the project is Rs 2,798.16 crore. Other specifications include the total length of the rail line at 116.65 km, and the completion date by the end of 2027.

The project will generate employment opportunities during construction for about 40 lakh man-days. In addition to that, the project will speed up the movement of agricultural and local products along with enhancing the mobility of the people in the region. This project will also provide an alternative route for the existing Ahmedabad-Abu Road railway line.

The alignment of the proposed doubling will traverse through the Sirohi district of Rajasthan and Banaskantha and Mahesana districts of Gujarat. The construction of a new rail line will attract investment and lead to the overall socio-economic development of the region.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..