Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
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Infrastructure News

Indore Airport expansion back on track with 20.48-acre land acquisition near Bijasan Tekri

Indore's Devi Ahilyabai Holkar Airport is finally advancing its long-delayed expansion with the acquisition of 20.48 acres of land situated below Bijasan Tekri. The move comes after a seven-year pause due to road connectivity issues linked to the Maa Bijasan Temple. A new alignment plan involving the Super Corridor and an alternate access route has cleared the way for development. With a project cost of INR 2.53 crore, tenders have been floated for a boundary wall around the site, which will house a multilevel car parking facility and eventually support the construction of a new terminal alongside metro connectivity, shopping zones, and food courts.Read more

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Pune Infrastructure: Chakan's industrial growth stalls amid poor roads, power issues, and weak amenities

Once a booming auto manufacturing hub, Chakan is now grappling with serious infrastructure issues that threaten its industrial future. The Federation of Chakan Industries has raised concerns over deteriorating roads, unreliable power, poor waste management, and lack of healthcare, all of which hinder productivity and deter residential growth. Employees are forced to live in distant cities, worsening traffic and urban strain. While authorities have proposed improvements-including a health center, waste processing units, better road links, and enhanced security-industry leaders remain skeptical due to repeated delays.Read more

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Kolkata opens INR 77 crore, 400-metre Kalighat skywalk to ease temple access for 60,000 daily visitors

West Bengal Chief Minister Smt Mamata Banerjee has inaugurated Kolkata's longest skywalk, a INR 77 crore project connecting Kalighat Temple to Shyama Prasad Mukherjee Road. Spanning 400 metres, the skywalk is designed to serve up to 60,000 pedestrians daily, reducing congestion near the iconic temple. Built by the Kolkata Municipal Corporation, the structure includes 12 escalators, 4 staircases, and 2 lifts, along with CCTV and firefighting systems. Despite early legal and political hurdles, the project was completed after a two-year delay. Officials now see the skywalk as a model for future projects in high-footfall areas balancing heritage preservation with infrastructure upgrades.Read more

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Amaravati's INR 65,000 crore capital city project resumes after five-year freeze

Construction work has finally resumed on the Amaravati capital city project in Andhra Pradesh after a five-year hiatus. Estimated to cost INR 65,000 crore, the project envisions a world-class urban centre designed by UK-based Foster and Partners. With financial backing from the Indian government, international lenders, and HUDCO, the development is planned to be completed in phases, with Phase-1 targeted for completion in the next three years. The city is expected to generate 1.5 million jobs, house 3.5 million residents, and contribute USD 35 billion to GDP by 2050.Read more

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Industrial manufacturing cluster to be set up near Hisar Airport to boost Haryana's economy

In a bid to strengthen Haryana's industrial growth, a large Industrial Manufacturing Cluster (IMC) will be developed near Maharaja Agrasen Airport in Hisar, spanning approximately 3,000 acres. The project, with an estimated cost of INR 4,680 crore, will be developed jointly by the Haryana government and the National Industrial Corridor Development Corporation (NICDC). This IMC, the largest under the Amritsar-Kolkata Industrial Corridor, is expected to attract investments of around INR 32,000 crore and create over 10,000 jobs. It will feature modern infrastructure, including roads, water treatment, and waste management plants. The project is poised to enhance Haryana's economic landscape significantly.Read more

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India gears up for 50 new airport projects as part of aviation infrastructure push

The Indian government is preparing to undertake 50 airport development projects over the next five years, focusing on both new airports and major upgrades to existing ones. This initiative is part of a broader plan to strengthen the country's aviation ecosystem, which has seen the number of operational airports rise from 74 in 2014 to 159 currently. Civil Aviation Secretary Vumlunmang Vualnam stated that the development will follow a holistic approach, involving public-private partnerships and improved land acquisition processes. Meanwhile, industry projections indicate the region will need capital investments of around USD 240 billion for greenfield and brownfield airport projects.Read more

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Ambedkar Memorial in Mumbai reaches 50% milestone, on track for 2026 completion

The INR 1,070 crore Dr Babasaheb Ambedkar Memorial at Indu Mill, Dadar, is progressing steadily with over 52% of the pedestal structure completed. The 350-ft bronze statue, designed by renowned sculptor Ram Sutar, has reached 20% completion. Ancillary buildings, including a museum, lecture hall, and library, are also nearing completion. The MMRDA aims to finish the project by 2026. In parallel, the Ambedkar Knowledge Centre in Kalyan-India's only digital hub on Ambedkar-has launched its second phase with interactive displays and 3D holograms, enhancing public engagement. Together, these initiatives mark Mumbai's monumental tribute to the architect of India's Constitution.Read more

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Rajasthan targets INR 20,000 crore investment with new Data Centre Policy 2025

Rajasthan's Chief Minister Shri Bhajanlal Sharma has unveiled the Rajasthan Data Centre Policy 2025, aiming to attract INR 20,000 crore in investments over the next five years. The policy offers extensive incentives, including annual subsidies up to INR 20 crore, a 5% interest subsidy, and exemptions on land charges and electricity fees. Early investors receive an extra 25% 'sunrise incentive.' The policy also supports green tech, skill development, and IP protection. With assured power supply and new regulatory reforms, Rajasthan seeks to emerge as a data centre hub beyond India's metro cities, leveraging its land availability and renewable energy potential.Read more

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Hubballi-Dharwad: HDMC launches weekly cleaning drive for open plots ahead of monsoon

The Hubballi-Dharwad Municipal Corporation (HDMC) has launched a systematic cleaning drive targeting open plots ahead of the monsoon. Overgrown plots, often mosquito breeding sites and dumping grounds, will be cleared weekly by sanitation teams. Priority will be given to high-risk areas near residential zones. Notices will be issued to private landowners, with penalties and cleaning costs imposed for non-compliance. A database will track site maintenance, ensuring regular follow-up. Mass cleaning drives are scheduled every Tuesday. Residents support the move, seeing it as crucial for health and hygiene. The initiative aims to prevent disease outbreaks and improve the city's overall cleanliness.Read more

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Delhi Airport sets sights on 24 million flyers and deeper Asia-Pacific links

Delhi airport is targeting over 24 million annual passengers in the next one to two years, with a strong focus on expanding its international connectivity-particularly to Asia-Pacific destinations such as Australia and New Zealand. The Indira Gandhi International Airport (IGIA), currently handling around 22 million passengers yearly, including 5.5 million transit travellers, is operated by Delhi International Airport Ltd (DIAL). To strengthen these connections, DIAL has signed a memorandum of understanding with Auckland Airport. The airport, already linked to 70 international destinations, is positioning itself as a global hub amid ongoing terminal and runway upgrades.Read more

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