Mukesh Ambani-backed smart city near Delhi-NCR sees huge expansion

19 Apr 2024 CW Team

Mukesh Ambani, the current wealthiest individual in India and Asia, boasts an immense net worth of Rs 1.28 trillion. His company, Reliance Industries, presently holds the title of the most valuable company in India, with a market capitalization of Rs 19.830 trillion. Under the leadership of Mukesh Ambani, Reliance Industries operates across various sectors through its subsidiaries. One such subsidiary, known as Model Economic Township or MET City, is in the process of constructing a smart city from the ground up near the national capital region.

The new greenfield city is under development in Haryana?s Jhajjar, near Gurugram, an economically significant area within the Delhi NCR region. Presently, it houses major corporations such as Nihon Kohden, Panasonic, Denso, and T-Suzuki. Notably, for the fiscal year ending March 2024, it has reported impressive growth figures. The subsidiary, MET City, has received a total booking value of Rs 19.13 billion. In the fiscal year 2023-2024, Reliance Industries's MET City witnessed bookings for plots amounting to 1079. Among these bookings, Rs 10.04 billion originated from the residential segment, while Rs 8.96 billion stemmed from the industrial segment. Situated across 8,250 acres in Jhajjar district near Gurugram, Haryana, MET City is Mukesh Ambani's brainchild.

Additionally, Mukesh Ambani's smart city project near Delhi-NCR accommodates Saab?s new weapon manufacturing plant, where the Carl-Gustaf M4 weapon will be produced. At this new facility, Saab plans to deploy advanced technologies, including the latest sighting technology and advanced carbon fibre winding, for manufacturing the Carl-Gustaf M4 intended for the Indian armed forces, as well as components that may be integrated into other users? systems.

Infrastructure Urban

10 Sep 2025

India Achieves TEC Certification for Indigenous Telecom System

India’s semiconductor ambitions received a major boost as a telecom system built with indigenously manufactured chips secured Telecommunication Engineering Center (TEC) certification.Union IT Minister Ashwini Vaishnaw announced the achievement on X, calling it a “big leap for India’s semiconductor story.” For the first time, a telecom system powered by Indian-made chips has successfully cleared all standards and quality tests.TEC certification, issued by the Department of Telecommunications, confirms that the product meets stringent benchmarks for performance and quality. This mileston..

Mumbai Metro Line 4 Trial Runs Set to Begin This Month

Trial runs on Mumbai Metro Line 4 are expected to commence this month, with passenger services on its initial phase likely to start by the end of 2025. The Green Line will operate between Kasarvadavali and Wadala, covering 32.3 km with 32 stations, providing much-needed relief to commuters in eastern and central Mumbai and Thane.Mumbai Metropolitan Region Development Authority (MMRDA) officials stated that work is advancing rapidly on a 10.5-km section between Gaimukh and Cadbury Junction, which includes 10 stations. This stretch will open first, followed by the remainder of the line.Approxima..

Mumbai Metro Line 11 Approved, Extending Corridor to Gateway

The Maharashtra Cabinet has approved the Mumbai Metro Line 11 project, extending Line 4 along the Wadala–Thane–Kasarvadavli route to the Gateway of India. The 17.5 km corridor, comprising 13 km underground and 4.3 km elevated sections, is estimated to cost Rs 23,488 crore and will feature 14 stations. The Mumbai Metropolitan Region Development Authority (MMRDA) will implement the project, with central government support provided through equity and interest-free subordinate debt, while the state government will manage the loan component.The original alignment from Wadala to CSMT, which trav..