Two rail projects to gain traction under Shinde’s regime

04 Jul 2022 CW Team

Two expensive infrastructure projects in Nashik are set to gain more traction under the incoming Eknath Shinde administration. The final approval from the Union cabinet for the Nashik Metro Neo and Nashik-Pune semi-high speed rail corridors is still pending. despite the fact that the nodal agencies responsible have already begun laying the framework for their implementation.

Both of these projects, according to government sources, were ‘pet projects' of the former Chief Minister Devendra Fadnavis. They are hopeful that the current administration would give these two projects greater attention given the Centre's push to expand infrastructure across a variety of sectors.

The fact that Fadnavis stated that the development of infrastructure in the state during the previous MVA administration had taken a "backseat" during a media interview in Mumbai lends validity to the observations of the government officials.

Nashik Neo is being implemented by Maharashtra Metro Rail Corporation Limited (Maha metro), while Maharashtra Rail Infrastructure Development Corporation Limited (MRIDC) is in charge of the Nashik-Pune rail project.

When it comes to the Metro Neo project, Nashik will be the first city in the nation where rubber-tyred metro coaches would travel on elevated corridors rather than the traditional metro coaches.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..