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ICRA predicts a 5% decline in MoRTH road execution in FY2026, ranging from 9,500-10,000 km, due to lower awarding in FY2024 and FY2025E. The ministry expects road awards between 8,500-9,000 km in
ASM Technologies Limited is set to acquire 10 acres from the Karnataka Industrial Areas Development Board (KIADB) to establish a state-of-the-art design facility. The move is part of ASM’s commitment to Karnataka’s
Kalpataru Projects International Limited (KPIL), a global infrastructure EPC company, reported a 16% YoY revenue growth in Q3 FY25, reaching ₹4,826 crore. EBITDA rose 17% to ₹402 crore, with an 8.3% EBITDA
Escorts Kubota Limited has launched the FARMTRAC PROMAXX tractor series, focusing on the mid-horsepower range between 39-47 HP. The series includes seven models, including 2WD and 4WD variants. The FARMTRAC brand has
Bihar government plans to launch an online portal for construction workers, utilizing Aadhaar-based and biometric authentication for transparency and efficiency. The Government of Bihar has introduced an online portal dedicated to the
The Sagarmala programme, led by the Ministry of Ports, Shipping, and Waterways, aims to promote port-led development in India. It has identified 839 projects worth ₹5.5 lakh crore, with 272 completed at
Vishwa Samudra Engineering secured the lowest bid for an industrial township project in Agartala, Tripura, valued at ₹1,034.04 crore, aiming to enhance infrastructure and boost industrial growth. Vishwa Samudra Engineering, a Hyderabad-based
Delhi International Airport submits ₹5,625 crore capital expenditure plan to AERA for FY29, aiming for full international capacity utilization by FY26. Delhi International Airport Limited (DIAL) has outlined an ambitious capital expenditure
State Urban Development Minister Nitin Nabin has approved ₹12.18 crore for a 1.7-km road construction in Transport Nagar, Kankarbagh, Patna, aimed at improving connectivity and easing movement for millions of residents. Patna’s
Patel Engineering Limited reported strong Q3 FY25 financial results, indicating resilience in hydropower, irrigation, and tunneling projects. Consolidated revenue increased 13.6% YoY to ₹12,055 million, while operating EBITDA grew 29.5% to ₹1,840
VMRDA plans to create a base map and existing land use map for newly merged mandals, using DGPS technology and topographic surveys for accuracy in planning and development. VMRDA to Develop Base
DRA Infracon has secured a contract to develop a 121 km highway project in Assam under the Build, Operate, and Transfer (BOT) – Toll model, without a grant from the National Highways
The Production Linked Incentive Scheme for specialty steel in India has attracted investment and increased value-added steel production, with companies contributing ₹27,106 crore and ₹18,848 crore as of December 2024. PLI Scheme
The National Highways Authority of India is implementing a pilot project using AIMC technology on the Lucknow-Kanpur Greenfield Expressway, aiming to improve efficiency, productivity, and surface leveling, and is developing a policy
The Gurugram Metro project, costing ₹5,452.72 crore, will connect key areas like Millennium City Centre, Old Gurugram, and Cyber City, with an expected daily passenger count of 7.26 lakh by 2031. Gurugram
India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, solidifying its position as a global leader in renewable energy. This achievement is a significant step towards
Action Construction Equipment (ACE) reported its highest-ever quarterly revenue and profit in Q3 FY25, with total income rising 16.6% YoY. Executive Director Sorab Agarwal attributed the company’s performance to customer centricity, execution,
The National Highways Authority of India has approved a ₹604 crore service road from Khed-Shivapur to Ravet in Pune to reduce traffic congestion on the Mumbai-Bengaluru National Highway. Construction is set to
CD Jindal Group is a renowned equipment leasing company with a vast fleet of heavy-duty machines used in major infrastructure projects. CD Jindal: Cranes & Concrete Equipment for Infrastructure Construction Projects Infrastructure
India Ratings and Research warns that a 4x increase in container freight rates could impact business operations, EBITDA margins, and working capital of exporters in FY25. Rising International Freight Rates May Lower
