Advertisement
24 Feb 2026
State-owned NBCC has indicated that it is exploring the possibility of undertaking an infrastructure development project in Seychelles, covering an area of around 139 acres. The proposed project would include housing and allied social and leisure infrastructure. The development was discussed during a recent visit by a high-level delegation from the Republic of Seychelles, led by Vice-President Sebastien Pillay, to NBCC's headquarters in New Delhi. Senior officials from both sides held detailed deliberations on potential project components and execution capabilities. NBCC presented its experience in overseas infrastructure delivery, including a large-scale social housing project in Maldives. The company is already executing multiple projects in Seychelles, including the Indian Chancery Building and associated residential and cultural facilities.Read more
24 Feb 2026
Indian logistics firm Delhivery has entered a strategic collaboration with global chipmaker NVIDIA to develop advanced AI-powered mapping and location intelligence solutions specifically designed for India's complex geography and non-standardised addressing systems. Unveiled at a major AI summit, the initiative combines Delhivery's proprietary dataset built from billions of shipments with NVIDIA's accelerated computing stack and open AI models to create scalable, locally relevant digital maps. The partnership aims to improve last-mile delivery accuracy by resolving address ambiguities and interpreting vernacular, landmark-based directions that often challenge conventional global mapping platforms. Executives said this India-centric mapping infrastructure could support more efficient logistics, e-commerce and supply-chain operations as the country's digital economy grows. Development will draw on technologies such as CV-CUDA and Nemotron models, tailored for the unique demands of Indian addresses and terrain.Read more
24 Feb 2026
Godrej Properties has signed a joint development agreement to develop an 18-acre residential project in Thane, Mumbai, with potential revenues exceeding INR 7,500 crore. The company, which expands through both land acquisition and joint ventures, considers Thane a key market in the Mumbai Metropolitan Region. The project will be its fourth in Thane. Strong sales growth has positioned Godrej Properties on track to meet its full-year revenue target of INR 32,500 crore for the 2025-26 fiscal, reflecting robust demand and strategic market expansion.Read more
24 Feb 2026
Adani Ports and Special Economic Zone Ltd (APSEZ), through Adani Gangavaram Port Ltd, has signed a Memorandum of Understanding with NMDC Ltd and Brazil-based Vale SA to develop an integrated iron ore blending facility and a Special Economic Zone at Gangavaram Port. The agreement was formalised during the India Brazil Business Forum in the national capital. The proposed project will create a value-addition ecosystem for iron ore, improve export efficiency, and enable the port to handle large Valemax vessels, increasing its overall cargo handling capacity to around 75 million tonnes.Read more
24 Feb 2026
Kerala has signed agreements with IOCL, CONCOR, and CWC to execute a Rs 2,000 crore logistics master plan at Vizhinjam International Seaport, aiming to transform it into a key maritime and economic hub. The investment is divided among bunkering facilities, rail-linked infrastructure, and a multimodal logistics park. The project ensures public sector oversight while operating on a PPP model, preventing monopolisation in cargo handling and ensuring fair pricing. The plan promises major infrastructure upgrades without imposing financial burden on the state exchequer.Read more
24 Feb 2026
NTPC Renewable Energy has launched commercial supply of 165 MW from the second phase of its 1,200 MW Khavda-II solar project in Gujarat, raising NTPC Green Energy's total capacity to 8,992.68 MW. The step-down subsidiary of NTPC Ltd has now made this segment operational as of February 20. This addition strengthens NTPC's renewable energy presence in Gujarat, aligning with the company's continued expansion in solar energy across India and supporting the nation's clean energy goals.Read more
24 Feb 2026
Embraer and Mahindra Aerospace have announced plans to set up a Maintenance, Repair and Overhaul (MRO) facility in India for the C-390 Millennium aircraft, subject to its selection by the Indian Air Force under the Medium Transport Aircraft programme. The proposed facility will provide heavy maintenance, structural inspections, component repair, avionics support and training. The move builds on their earlier localisation agreement and aligns with India's Make in India and Atmanirbhar Bharat goals, while aiming to strengthen domestic aerospace capability and long-term fleet support infrastructure.Read more
24 Feb 2026
Union minister Nitin Gadkari has said that construction and real estate design must be aligned with the purchasing power of the general public, asserting that the country's most pressing requirement is low-cost and affordable housing. Speaking at a design-focused industry event in Nagpur, Gadkari underlined the role of real estate as one of the fastest-growing sectors of the economy, contributing significantly to employment generation and government revenues through GST. He noted that while the sector continues to expand rapidly, there is a need for greater focus on cost efficiency in construction. Gadkari also emphasised the importance of innovation, research and new design approaches, stating that these elements could help the industry reduce production costs while meeting the housing needs of a wider section of society.Read more
24 Feb 2026
The ePlane Company has developed a digital twin of its e200x electric air taxi using NVIDIA's Omniverse and IGX platforms. The virtual model allows engineers to simulate flight physics, sensor performance and emergency scenarios before real-world testing. The Chennai-based startup is using this system to improve safety validation, autonomy testing and predictive maintenance. The company, incubated at IIT Madras, already holds a Design Organisation Approval and operates a 60,000 sq ft manufacturing facility. The initiative is aimed at strengthening certification efforts and accelerating India's electric urban air mobility plans.Read more
24 Feb 2026
The Noida Authority has approved a INR 250 crore project to rehabilitate nearly 150 km of damaged roads across the city, with completion targeted by April. The move follows rising complaints about potholes, uneven surfaces and broken footpaths in several sectors. Work will be executed circle-wise, with multiple contractors engaged at the same time. The project includes resurfacing, strengthening base layers, rebuilding footpaths and repainting dividers. Dust control norms under national clean air guidelines will be strictly followed during execution.Read more
Advertisement
24 Feb 2026
The dismantling of Mumbai's 112-year-old Elphinstone Road Over Bridge is progressing in carefully planned railway blocks over active tracks of Western and Central Railway. MahaRail has already removed the western span and is working on the central and eastern sections, which require precision crane operations and temporary lowering of overhead wires. The bridge will be replaced with a double-deck structure featuring a single 132-metre girder fabricated in Noida. The revised completion target has been advanced to August 2026, ahead of the earlier October timeline.Read more
24 Feb 2026
The Centre is working to standardise red table-top road markings on national highways passing through forest areas after a successful pilot in Madhya Pradesh. The 5 mm thick thermoplastic markings, applied across roads in wildlife zones, help slow vehicles by creating vibration and sound alerts. The trial stretch through the Veerangana Durgavati Tiger Reserve has reported no wildlife deaths since installation. Despite costs being up to four times higher than regular paint, the government plans to include the measure in national highway specifications.Read more
24 Feb 2026
Intercontinental Exchange has significantly expanded its footprint in India through a long-term lease of nearly 2 lakh sq ft of office space in Pune's Magarpatta Cybercity, signalling confidence in the city as a strategic hub for global capability centres (GCCs). The space spans nine floors in Tower S3 and will serve as a Global Capability Centre for ICE Mortgage Technology India, supporting product engineering, technology operations and back-end services for its global platforms. The lease includes a monthly rental of INR 1.73 crore with periodic escalation clauses and underscores the broader trend of multinational firms choosing Pune for scalable, large-format office campuses. The move reinforces Pune's growing stature among India's leading cities for corporate office demand and technology-led real estate growth.Read more
24 Feb 2026
The Delhi government is closely tracking 232 priority infrastructure projects to speed up execution and improve service delivery across the city. Nearly 150 projects are being handled by the Delhi Jal Board, focusing on sewage treatment expansion, major sewer line work and Yamuna rejuvenation efforts. Other departments including NDMC, PWD and MCD are also part of the review process. After delays over the past three years due to funding and approvals, projects have gained momentum following fund releases from mid-last year and stricter monitoring.Read more
24 Feb 2026
East Central Railway has proposed infrastructure upgrades at Begusarai railway station to manage rising congestion and improve passenger access. The plan includes a second station entry and a new road over bridge near Semapur, close to a busy level crossing. A detailed project report will be prepared before execution. The initiatives aim to reduce crowding at the existing entrance, improve traffic flow around the station area, and address long-standing delays faced by both commuters and local road users.Read more
24 Feb 2026
The Nashik Municipal Corporation (NMC) has imposed a regulatory requirement that developers must use premium Floor Space Index (FSI) and Transfer of Development Rights (TDR) in an equal 50:50 ratio for all construction projects governed by the city's 2020 Development Control and Promotion Regulations. The move, directed by municipal commissioner Manisha Khatri, is intended to revitalise waning demand for TDR, stabilise its market value and facilitate the city's acquisition of land earmarked for public amenities and infrastructure. Nashik's basic permissible FSI is 1.10, with additional FSI available through premium FSI and TDR, but heavy reliance on premium FSI had weakened the TDR market in recent years, reducing interest among landowners to surrender land in exchange for TDR. By enforcing parity between the two mechanisms, NMC aims to restore balance in the real estate development regime, address stalled land reservations and reduce the financial burden of cash compensation for land acquisition. Officials believe the equal mix will benefit civic planning, landowners and the realty sector by encouraging use of TDR alongside premium FSI.Read more
24 Feb 2026
Noida Metro Rail Corporation has floated a tender to lease nearly 2,985 square metres of space for kiosks and commercial outlets at Sector 83 metro station on the Aqua Line. The reserve licence fee has been set at INR 205 per square metre. The spaces, located across concourse and platform levels, will have dual access for commuters and external visitors. The initiative is aimed at improving passenger amenities and boosting non-fare revenue, as NMRC continues efforts to strengthen the financial sustainability of the Aqua Line.Read more
23 Feb 2026
Texmaco Rail & Engineering Ltd and RVNL have joined forces in a joint venture to enhance India's rail manufacturing and infrastructure capabilities. The partnership will cover advanced rolling stock, life cycle maintenance, asset management, and large-scale EPC and turnkey projects domestically and internationally. By combining engineering expertise and global-standard quality, the venture aims to expand into Asia, Africa, and the Middle East, drive innovation, strengthen export potential, and reinforce India's position in the global rail sector.Read more
23 Feb 2026
The Uttar Pradesh government has approved an allocation of INR 56.86 crore for the renovation of 387 rural roads across four assembly constituencies in the Prayagraj region. Covering nearly 494.55 km, the project focuses on restoring village link roads that have not seen major repairs for several years. The works will be executed through the Public Works Department after completion of the tender process. Once contractors are appointed, construction is expected to be completed within four months, aiming to improve rural connectivity and daily mobility.Read more
23 Feb 2026
Reliance Industries and Jio plan to invest USD 110 billion (around INR 10 trillion) over seven years to develop artificial intelligence infrastructure across India. The move aims to create domestic AI compute capacity, reduce costs, and expand AI services nationwide. Construction of multi-gigawatt data centers has started in Jamnagar, with the first 120-megawatt phase expected later this year. The project will use renewable energy, integrate with Jio's network, and establish edge computing for low-latency AI applications. This positions India to compete in global AI and technology development.Read more
Advertisement
