
Maharashtra, Singapore Review Progress of Mega Container Port Project

Torrent Arm Signs MoUs for Lake Upkeep
Torrent Group’s philanthropic arm, UNM Foundation, has signed memorandums of understanding (MoUs) with six civic bodies for the maintenance of 69 lakes across Ahmedabad and Gandhinagar districts, covering over 2 million square metres.The agreements were formalised at the Startup Conclave 2025 in Mahatma Mandir, Gandhinagar, in the presence of Union Home Minister Amit Shah. They mark a major expansion of the foundation’s flagship environmental initiative, PRATITI.The civic bodies include Ahmedabad Municipal Corporation, Gandhinagar Municipal Corporation, Ahmedabad and Gandhinagar Jilla Panc..

Mumbai is on the verge of complete transformation
Pratap Padode: Maharashtra’s infrastructure plan seems to be rolling out project after project: the Navi Mumbai International Airport, Coastal Road, Shaktipeeth Expressway, Worli-Sewri Connector and Vadhavan Port. What is driving this momentum?Ashwini Bhide: Maharashtra has always been at the forefront of infrastructure development. Our vision is to be a $ 1 trillion economy by 2030 and $ 5 trillion by 2047. To achieve this, massive investments in infrastructure are essential. Being over 50 per cent urbanised, our cities must be future-ready. We are also addressing regional disparities, focu..

Forging a Balance
The ongoing boom in real estate and infrastructure was bound to spill over to the steel sector. Rating agency ICRA estimated demand for domestic steel to have grown at 10 per cent in FY25, but to moderate to 7-8 per cent in FY26 on the back of a slowdown in public capital expenditure.Homemade steelAbout two-thirds of India’s domestically produced steel is consumed by infrastructure and construction, and nearly a third for government projects, observes Shalabh Chaturvedi, Managing Director, CASE Construction Equipment, India & SAARC region. Real estate predominantly uses only domestic steel..