Alta Cap's EcoBox Industrial Acquires Land for Logistics Development

16 Jan 2025 CW Team

EcoBox Industrial Parks, an operating platform newly established by Logicap Advisors, has acquired 50 acres of land in Chennai’s Mannur locality for greenfield logistics development. This marks the first land deal of the year for the company, which is backed by Alta Capital. EcoBox plans to develop industrial and logistics facilities spanning 1.2 million sq ft, with an investment of over Rs 400 crore. The site, located just 3 km from State Highway 50, is strategically positioned to meet the increasing demand for modern industrial and logistics infrastructure.

Ashish Shah, CEO of EcoBox Industrial Parks, explained, “Mannur’s prime location and excellent connectivity make it an ideal choice for expanding our industrial infrastructure. This acquisition is a critical step in bolstering our presence in India’s key industrial regions.”

EcoBox Industrial Parks now manages 4.8 million sq ft of industrial space, following its recent acquisitions, including 3.6 million sq ft of industrial assets from IndoSpace in Ranjangaon and Sri City near Chennai. The Mannur site adds significantly to its portfolio, which continues to grow since its formation in 2024.

Infrastructure Urban

27 Oct 2025

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..