India Infrastructure
Centre Plans ₹16,000 Crore Incentive Scheme to Boost Local Construction Equipment Manufacturing
The Centre is preparing a ₹16,000 crore incentive scheme to boost domestic manufacturing of construction equipment, including tunnel boring machines and cranes. The...
BEML Moves to Build Indigenous Tunnel Boring Machines, Reduce Dependence on China
This state-owned Bharat Earth Movers Limited (BEML) is preparing to manufacture tunnel boring machines (TBMs) so that India’s reliance on Chinese imports could...
Andhra Pradesh to Add 2,000 km of Roads, Launch Rs 1,500 Cr Repair Blitz
It has been announced by Andhra Pradesh Chief Minister N. Chandrababu Naidu that construction of a new road stretch worth 2,000 km will...
JSW Cement to Trim IPO Size to $415 Million; Targets Early August Launch at $2.3 Billion Valuation
The JSW Cement IPO, which is among the most sought-after by investors, is expected to open to the market in early August, probably...
Gujarat Bridge Collapse Kills 12, Injures 9; Rescue Ops Continue in Mahisagar River
Early Wednesday morning saw a massive tragedy for Gujarat, with the 40-year-old Gambhira bridge near Padra in Vadodara district collapsing, resulting in not...
Land Cost for Thiruvananthapuram’s ORR Project Doubles to ₹3,800 Cr
The adjustment of land costs for the Outer Ring Road (ORR) project’s long-awaited commissioning in Thiruvananthapuram has posed very serious financial problems: ₹1,800...
Escorts Kubota Unveils New Backhoe Loader for Indian Earthmoving Market
Escorts Kubota Limited has launched the BLX 75 backhoe loader in India, expanding its construction equipment portfolio under the E-Kubota brand. Targeted specifically...
ADB Commits $10 Billion to Boost Urban Infrastructure Across India
The Asian Development Bank (ADB) has issued a proposal to invest up to $10 billion over five years in India to anchor urban...
UltraTech Cement to Acquire Wonder WallCare for ₹235 Crore, Expands Footprint in Wall Putty Market
Aditya Birla Group Company UltraTech Cement Ltd on Monday said it would acquire 100 percent equity in Wonder WallCare Pvt Ltd for an...
Government Gears up to Upgrade 25,000 km of Highways at ₹10 Lakh Crore
“To prevent accidents, improve road safety, and take the upgrade plan ahead,” the Indian government has announced its much-awaited and ambitious plan to widen...
