Haryana to infuse Rs 4,800 cr for developing infra for global city

22 Jun 2022 CW Team

Managing director of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), Vikas Gupta, told the media that the Haryana government would auction about a 150-acre land parcel in Gurgaon in pursuit of its plan to infuse Rs 4,800 crores in developing infrastructure for a global city.

Haryana chief minister Manohar Lal Khattar held a series of talks with developers from NCR, Bangalore, and Mumbai to help create the city in Gurgaon on the total 1,003-acre land it identified on Dwarka Expressway.

The CM is actively involved in the development of the world-class city, and the first phase is likely to begin in July. The state government will also start work on infrastructure, which will have road and metro connectivity and a helipad among others, Gupta said.

The Haryana government is planning to conduct a similar stakeholder meeting in Dubai.

The upcoming city will be near a multi-modal logistic park, and a special emphasis will be on sustainability and environment-friendly standards. The land available will be mixed-use, and there will be both commercial and residential growth to follow the walk-to-work concept, said Gupta.

Earlier, the Haryana chief minister had said that although Gurugram in Haryana has become a centre of attraction for investors from across the globe, more and more investors would come forward after the global city construction.

Max Ventures and Industries Limited, MD & CEO Sahil Vachani told the media that the company lauds the government of Haryana's exemplary vision to create 1000 plus acres in a planned format to develop a futuristic and iconic global city, and their novel initiative to invite participation and inputs from major players in the industry, including Max Estates.

Image Source

Also read: Haryana govt likely to approve new Gurgaon-Delhi metro link

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..