PM inaugurates Udyogpuri in Ujjain and Logistics Park in Pithampur

04 Oct 2023 CW Team

Prime Minister Narendra Modi virtually inaugurated and laid the foundation stone for several significant projects. Among these were the industrial area Vikram Udyogpuri in Ujjain, a multi-modal logistics park at Pithampur, and academic buildings at the Indian Institute of Technology Indore (IIT-I). During his address to the gathering, PM Modi, who was in Gwalior at the time, stated that these initiatives, particularly Vikram Udyogpuri in Ujjain and the multi-modal logistics park, would significantly boost Madhya Pradesh's industrial growth. Vikram Udyogpuri, spanning 458 hectares, had received substantial investments totaling around Rs 42 billion from 39 units. Six industries were already operational, while others were in discussions with the state government regarding their investments. Notable companies like PepsiCo India, Amul, Ashirvad Pipes, Symbiotic Life, Karnataka Antibiotics, Yashoda Linen, and Srinivas Pharma expressed interest in investing in Vikram Udyogpuri. Addressing the audience during the live program featuring PM Modi, Ujjain MP Anil Firojiya shared that the Aditya Birla Group was considering a significant investment of Rs 5,000 crore in Ujjain. He assured that he was actively engaged with industries contemplating investments in the city. Rajesh Rathod, the Executive Director of MP Industrial Development Corporation Indore, described the inauguration of Vikram Udyogpuri and the multi-modal logistics park as a historic moment. He emphasised that these industrial and logistic developments would enhance the industrial infrastructure, attracting more investments and creating employment opportunities for thousands of people. Additionally, the PM inaugurated academic buildings, student hostels under the PM-AJAY scheme, and the third phase of infrastructure development at IIT-I.

Building Material

12 Sep 2025

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..