Blackstone sold its entire 23.5 per cent stake in Embassy Office Parks REIT, India’s first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group for around Rs 71 billion. It […]
Propelled by economic growth, India’s electricity demand is growing by leaps and bounds. In October 2023, power demand recorded an increase of 21 per cent over the corresponding period of the previous year, while in […]
Allcargo Logistics Limited Board and Allcargo Gati Limited Board have approved the composite scheme of arrangement for restructuring of businesses under Allcargo Limited and Allcargo Gati Limited (formerly Gati Limited). As per the scheme, the […]
GMR Airports Limited, a subsidiary of GMR Airports Infrastructure Limited, and National Investment and Infrastructure Fund (NIIF) entered into binding agreements for NIIF to invest up to Rs 6.75 billion in GMR Visakhapatnam International Airport […]
International Container Transhipment Terminal (ICTT) operated by DP World at Cochin, announced the arrival of two state-of-the-art Ship-to-Shore Mega Max cranes at its terminal on December 9, 2023. This initiative aligns seamlessly with ICTT’s steadfast […]
Alleima, a leading manufacturer of high–value-added products in advanced stainless steel, special alloys and industrial heating, has completed the final phase of the expansion of its Mehsana manufacturing facility in Gujarat, with the formal launch […]
At the forefront of technological evolution, JK Tyre, India’s premier tyre manufacturer, launched 11 new off-the-road (OTR) tyres on December 13, 2023. This took place at the 12th edition of South Asia’s largest construction equipment […]
In a strategic move, the MoRTH is planning to auction projects worth Rs 2 trillion under the build-operate-transfer (BOT) model before the implementation of the model code of conduct. The objective is to leverage the […]
The MoP has notified draft Electricity (Rights of Consumers) Second Amendment Rules, 2023. As per the draft, the distribution licensee shall provide individual connection for supply of electricity to owners(s) or occupier(s) of any premise […]
Snapshots from the 11th edition of our conference on Urban Rail in India, held on December 13-14, 2023 at Le-Meridien, New Delhi. We thank all our speakers, delegates, and sponsors for discussing the key […]
Key Statistics Construction and award trends
Key Statistics Trends in economic indicators
The contracting practices for urban rail and railway projects in India have evolved over time. The launch of the Metro Rail Policy in 2017 boosted the interest of stakeholders in the urban rail sector. The […]
The Namami Gange Programme, launched in 2014, is an integrated conservation mission aimed at accomplishing the twin objectives of reducing pollution and rejuvenating River Ganga and its tributaries. The programme has a comprehensive set of […]
NIIF to invest up to Rs 6.75 billion in upcoming greenfield airport at Bhogapuram GMR Airports Limited, a subsidiary of GMR Airports Infrastructure Limited, and the National Investment and Infrastructure Fund (NIIF) have entered into […]
Tunnel construction has witnessed significant developments in the past few years, globally and in India, in terms of both new tunnels being constructed and new tunnelling techniques. The methods/techniques employed in tunnelling vary according to […]
The ports in India are leveraging advanced technologies and data-driven solutions to enhance their operational efficiency, safety and sustainability. This also helps them in automating and streamlining operations, reducing the risk of errors and improving […]
ABB Measurement & Analytics is among the world’s leading manufacturers and suppliers of smart instrumentation and analysers. It has 15 factories and service support centres, and works in around 60 countries, focusing strongly on industrial […]
Key Statistics Trends in GVA growth
Key Statistics Traffic trends at non-major ports
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