Greenply Industries is preparing to set up a new medium-density fibreboard (MDF) plant with an estimated investment of around INR 500 crore, targeting completion and operations by FY28. The company is close to full utilisation of its existing MDF capacity, which has increased from about 70% to nearly maximum levels in recent months. Multiple site options are being assessed, including Odisha, Baroda and Sandila. Greenply expects stronger growth in the organised plywood and MDF market as mandatory quality norms come into effect in early 2026, reducing low-quality imports and lifting demand for compliant products.Read more

The Karnataka government is set to invite bids for a new IT park in Mangaluru next week, aiming to expand technology-led development beyond the state's main hubs. The planned project will offer modern office spaces for IT firms, startups and knowledge-based businesses, along with supporting amenities. Officials said the IT park is expected to attract private developers and boost investment in the region's commercial real estate market. With improving connectivity and a strong talent base, Mangaluru is emerging as a promising tech growth corridor. The initiative supports Karnataka's decentralisation strategy and could generate jobs while driving demand for housing, hospitality and retail in the city.Read more

Maharashtra has instructed officials to prepare a detailed plan for establishing what could be India’s largest shipyard, leveraging its 720-km coastline and the developing Vadhavan deepsea port. The government wants a project report finalised quickly and the site selected. Plans for improved connectivity, including a new Vaibhavwadi–Kolhapur rail link and a highway from Vadhavan to Nashik, were highlighted to support port development. Officials also discussed moving the Mumbai Water Metro toward electric boats. The move is part of broader policy and investment efforts to strengthen the state’s maritime infrastructure and industry.Read more

VOC Port has invited bids for a 56-hectare shipyard at Tuticorin port, including 49 hectares of land and 7 hectares of waterfront, on a 30-year lease with options for upfront or annual payments. Bidders must have shipbuilding or repair experience or partner with a qualified firm. The project will be awarded to the highest techno-commercially qualified bid. This development aligns with VOC Port's broader plans, including a recent MoU with SIPCOT to create a mega shipbuilding cluster, enhancing maritime infrastructure and employment opportunities in Tamil Nadu.Read more

The BMC has issued a INR 3,000 crore tender to construct the Gargai dam in Palghar, Maharashtra, along with a 1.6km tunnel connecting it to the Modak Sagar reservoir. Initially approved in 2013, the project was delayed due to environmental concerns but received clearances earlier this year. Once operational, the dam will supply 440–450 MLD of water to Mumbai. The plan includes relocating six villages, compensatory afforestation, installing a hydropower unit, and building supporting infrastructure. Completion is targeted by 2029, enhancing Mumbai’s long-term water security.Read more

The Surat Municipal Corporation has stepped up land acquisition for its planned multi-modal transport hub, signalling a move from planning to execution. The hub is designed to integrate bus, rail, taxi and local transit services, helping reduce travel time, ease congestion and improve connectivity across the city. Key land parcels have been identified for terminals, parking, passenger facilities and supporting infrastructure. Urban planners note that such a hub could boost real-estate demand in nearby areas, often leading to higher property values and better amenities. The project supports Surat’s wider goal of easing traffic pressure, expanding public transport and guiding sustainable urban development.Read more

The Union government has sanctioned INR 44,771 crore for Odisha’s road infrastructure this financial year, focusing on national and state highway improvements and a proposed greenfield corridor. National highway upgrades cover Bhubaneswar–Puri, Tangi–Puintola–Ichchapuram, Rourkela–Barbil–Paradip, and NH149 sections. State highway projects include Barpali–Bolangir, Kesinga–Junagarh, Bolangir–Nayagarh, Hinjilikatu bypass, Berhampur–Kalusandhpur, and Parlakhemundi–Mohana roads. The planned Bhubaneswar–Paradip corridor will improve port connectivity, support industrial logistics, and boost economic growth across Odisha.Read more

Tripura's Ministry of Rural Development has approved 25 road projects totaling 65.38 km under PM-JANMAN, costing INR 68.67 crore. These roads will connect 30 habitations of Particularly Vulnerable Tribal Groups (PVTGs), improving all-weather access to schools, healthcare, and markets. Beyond accessibility, the projects are expected to boost local trade, create employment during construction, and integrate remote communities with urban centres. This infrastructure push is a key step in supporting socio-economic development and inclusive growth in Tripura's tribal areas.Read more

MSRTC will add 8,000 new buses to its fleet by 2026, according to Maharashtra transport minister Pratap Sarnaik. Tenders for 3,000 buses are already completed, with work orders issued to Tata and Ashok Leyland, while procurement for the remaining 5,000 buses is in progress. The state has also allocated INR 2,893 crore through a supplementary budget to clear long-pending staff dues and ensure timely monthly salaries. MSRTC will recruit 2,500 drivers on contract and continue working on its long-term plan to shift completely to electric buses by 2047.Read more

NTPC Green Energy has begun commercial power supply from a 6.6 MW wind unit at its 100 MW hybrid renewable project in Bhuj, Gujarat. The project is being developed by Ayana Renewable Power Four, part of a joint venture between NTPC and ONGC. With this commissioning, NTPC Green Energy's installed capacity has risen to 7,645.675 MW, while its commercial capacity now stands at 7,639.075 MW. The broader NTPC Group's total installed and commercial capacity has reached 84,931 MW. The new wind addition strengthens NTPC's expanding renewable-energy portfolio and highlights the growing role of hybrid projects in enhancing generation stability and supporting India's clean-energy transition.Read more