Aequs Infra to Build 12M Sq Ft Parks in South India

17 Jul 2025 CW Team

Aequs Infra, one of India’s largest developers of large-format industrial clusters, is set to expand into Tier-1 markets with plans to develop 12 million square feet of manufacturing and warehousing parks across key South Indian cities.

Spearheading this expansion is Shyam Kalyanasundaram, recently appointed as Chief Executive Officer. Previously, he served as Executive Director – Revenue at IndoSpace, a major player in the industrial and logistics real estate sector.

The proposed industrial parks will be situated near high-growth corridors such as Bengaluru and Chennai, aligning with India’s broader strategy to enhance domestic manufacturing and modernise logistics infrastructure.

The company is expected to invest over Rs 20 billion in this initiative, with average construction costs estimated at around Rs 2,000 per square foot. The development marks a pivotal move for Aequs Infra as it positions itself as a pan-South India industrial platform linking global supply chains to the country’s emerging manufacturing ecosystems.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..