Market Updates
India’s Steel Consumption Doubles to 152 MT, Capacity Targeted at 300 MT by 2031
India’s steel consumption has surged to 152 million tonnes in 2024-25, with capacity projected to reach 300 million tonnes by 2030-31, as the...
Waaree Energies to Invest Rs 8,175 Crore in India’s Largest Lithium Ion Gigafactory in Andhra Pradesh
Waaree Energies will invest Rs 8,175 crore to set up a 16 GWh integrated lithium ion battery gigafactory in Andhra Pradesh, creating 3,000...
KNR Constructions Secures Rs 2,163 Crore ECR Elevated Corridor Project in Chennai
KNR Constructions wins Rs 2,163 crore contract for four lane elevated corridor on Chennai ECR from Thiruvanmiyur to Uthandi under Hybrid Annuity Mode,...
Bengaluru Office Leasing Hits Record 24.1 Million Sq Ft in 2025
Bengaluru’s office market achieved an all time high in 2025 with 24.1 million sq ft of gross leasing, driven by strong technology demand,...
IHCL Expands in Bengaluru as Sarovar Strengthens North India Presence
IHCL signs a new SeleQtions hotel in Devanahalli, Bengaluru, while Sarovar Hotels launches properties in Jaipur and Mathura, highlighting strong growth momentum in...
Construction Equipment Sales Drop 21% in January as Infrastructure Execution Slows
India’s construction equipment industry recorded a 21 per cent year on year decline in January retail sales, reflecting slower infrastructure execution, delayed project...
AM/NS India Expands Premium Steel Portfolio with Vibrance and Optima
AM/NS India strengthens its value added steel portfolio with the launch of Vibrance and Optima, premium coated steel solutions designed to meet rising...
India Looks to Middle East and Asia to Shield Steel Exports from EU Carbon Tax Impact
India is diversifying steel export markets towards the Middle East and Asia to reduce dependence on Europe after the EU carbon tax, while...
Bengaluru Peripheral Ring Road Project Gains Momentum as Land Acquisition Accelerates
The long delayed 73 km Peripheral Ring Road in Bengaluru moves closer to reality as land acquisition gathers pace with enhanced compensation packages...
India Infrastructure Growth Drives Construction Equipment Industry Towards 2030 Vision
India’s infrastructure expansion under the Viksit Bharat 2047 vision is accelerating demand for construction equipment, strengthening manufacturing, sustainability, technology adoption, and employment across...
