Govt focuses on industrial estates and logistics hub

11 Aug 2023 CW Team

Minister for Infrastructure, Large and Medium Industries, MB Patil, has reaffirmed the government's commitment to enhancing the infrastructure of Industrial Estates and establishing a Logistics Hub in Raichur. In a meeting with elected representatives of Raichur district, Patil acknowledged the current shortcomings in Industrial Estates' infrastructure and emphasized the government's dedication to resolving these issues.

Patil outlined a comprehensive development strategy for the Industrial Estates, with the intention of transferring ownership to industrial unions for ongoing maintenance. The revenue generated from tax collections within the estates will be divided, with 70% allocated to the unions and 30% to local bodies. Additionally, Minister Patil instructed the Commissioner of Textiles to prepare a proposal for a Textile Park in Raichur. With over 120 ginning units, Raichur ranks as Asia's second-largest cotton market, making it a prime candidate for a textile park. Patil plans to approach the central government for permission to establish this park.

Highlighting Raichur's potential as a logistics hub, Patil expressed determination to collaborate with relevant authorities to realize this opportunity. Science and Technology Minister NS Bose Raju also stressed the need for improved infrastructure in Raichur, as it emerges as a crucial commercial in the Kalyana Karnataka region.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..