Zen Technologies Wins Rs 1.08 Billion Tank Simulator Order

28 Nov 2025 CW Team

Zen Technologies has secured a significant contract worth Rs 1.08 billion, inclusive of GST, from the Ministry of Defence for the supply of tank crew gunnery training simulators.

Commenting on the development, Ashok Atluri, Chairman and Managing Director of Zen Technologies, said the order represents far more than business expansion—it validates the company’s long-term investment in indigenous research and development. He noted that the firm supplied its first tank simulators to the Indian Army over a decade ago, at a time when procurement systems did not adequately support single indigenous vendors.

He added that this latest order demonstrates what is achievable when policy protects genuine Indian intellectual property. Referring to a TERI study, Atluri said that even a 15 per cent penetration of crew gunnery simulators could save the armed forces Rs 11.23 billion annually, delivering an 18:1 return on an investment of Rs 610 million. He emphasised that these simulators are not merely training tools but force multipliers that free up resources for capability building.

He also highlighted that Operation Sindoor served as a reminder of the importance of procurement speed, stressing that rapid deployment of indigenous solutions directly contributes to strengthening national defence.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..