Palakkad Smart City To Be Built In Single Phase, Says KICDC

17 Oct 2025 CW Team

KICDC has begun preliminary preparations to advance the project into its implementation stage, with the first coordination meeting involving representatives from the contracting consortium Dilip Buildcon–PSP Projects and the National Industrial Corridor Development and Implementation Trust (NICDIT) scheduled for next week.

According to Industries Principal Secretary A.P.M. Mohammed Hanish, construction works are expected to commence by the end of this month or early next month.

The Central Government will release project funds in instalments, while the state government will transfer an equivalent share of land acquired by KINFRA once the central share is confirmed.

So far, the Centre has disbursed Rs 3.135 billion in two instalments, and the state has handed over 330 acres of land, with a third tranche expected shortly, confirmed KINFRA Managing Director Santosh Koshy Thomas.

Officials stated that Kerala is ahead of schedule compared to other states implementing similar Industrial Smart City projects, with tendering for infrastructure work already completed.

KICDC aims to complete the infrastructure within 42 months, after which land allotment to industries will begin. While land transfer will take place in phases depending on fund availability, the entire infrastructure development will be executed in one go on the land already acquired.

The state government earlier invested Rs 14.89 billion through the Kerala Infrastructure Investment Fund Board (KIIFB) to acquire 1,450 acres of land, completing most of the process in just 14 months.

The Palakkad Industrial Smart City is being developed through a special purpose vehicle (SPV) jointly formed by KINFRA and NICDIT, with equal equity participation from both the state and central governments.

The Kerala Industrial Corridor Development Corporation (KICDC) has announced that infrastructure development for the Palakkad Industrial Smart City — a flagship project under the Kochi–Bengaluru Industrial Corridor — will be executed in a single phase, according to a report by PTI. KICDC has begun preliminary preparations to advance the project into its implementation stage, with the first coordination meeting involving representatives from the contracting consortium Dilip Buildcon–PSP Projects and the National Industrial Corridor Development and Implementation Trust (NICDIT) scheduled for next week. According to Industries Principal Secretary A.P.M. Mohammed Hanish, construction works are expected to commence by the end of this month or early next month. The Central Government will release project funds in instalments, while the state government will transfer an equivalent share of land acquired by KINFRA once the central share is confirmed. So far, the Centre has disbursed Rs 3.135 billion in two instalments, and the state has handed over 330 acres of land, with a third tranche expected shortly, confirmed KINFRA Managing Director Santosh Koshy Thomas. Officials stated that Kerala is ahead of schedule compared to other states implementing similar Industrial Smart City projects, with tendering for infrastructure work already completed. KICDC aims to complete the infrastructure within 42 months, after which land allotment to industries will begin. While land transfer will take place in phases depending on fund availability, the entire infrastructure development will be executed in one go on the land already acquired. The state government earlier invested Rs 14.89 billion through the Kerala Infrastructure Investment Fund Board (KIIFB) to acquire 1,450 acres of land, completing most of the process in just 14 months. The Palakkad Industrial Smart City is being developed through a special purpose vehicle (SPV) jointly formed by KINFRA and NICDIT, with equal equity participation from both the state and central governments.

Infrastructure Urban

09 Jan 2026

Mount Expands Tumkur Facility with New Automated Panel, PEB Lines

Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across pre-engineered building (PEB) and polycarbonate sheets, simultaneously inaugurated its second fully automated continuous sandwich panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur.The milestone expansion, part of a total investment of Rs 250 crore, marks a significant advancement in the company's commitment to engineered performance, manufacturing scale, and industrial growth. The integrated facility spans approx..

Infrastructure Transport

09 Jan 2026

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

Infrastructure Urban

09 Jan 2026

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..