The agreement marks the formal beginning of the fund’s investment activities in spacetech startups, following SEBI approval on October 31. The Indian National Space Promotion and Authorisation Centre (IN‑SPACe) and SIDBI Venture Capital Ltd (SVCL) on Monday signed a contribution agreement to operationalise the ₹100 billion venture capital (VC) fund dedicated to India’s space sector....
Author: admin (Infratructure Today)
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RUSAL Drives AI-Powered Digital Transformation in Logistics and Quality Control
By combining digital logistics with advanced quality analysis, one of the world’s largest aluminium producers underscores the rising role of AI in heavy industry. The world’s largest low‑carbon aluminium producer, RUSAL, has rolled out two artificial intelligence (AI) solutions to boost operational efficiency and product quality as part of its long‑term digitalisation strategy, the company...
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Emirates Marks 40 Years in India, Charting the Next Era of Global Connectivity
Over four decades, Emirates has flown more than 24 million passengers between Dubai and Mumbai across 95,000 flights, and 15 million passengers between Dubai and Delhi on 60,000 flights. As Emirates marks its 40th anniversary of operations in India, the Dubai‑based airline has reaffirmed its commitment to remain the first choice for millions of Indian...
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Nine Cities Poised to Lead India’s Next-Gen Real Estate, Logistics Expansion: JLL Report
Chandigarh Tricity, Jaipur, Lucknow, Indore, Nagpur, Coimbatore, Kochi, Bhubaneswar, and Guwahati are fast emerging as India’s next growth drivers, providing corporations measurable advantages that are redefining location strategies across sectors. A significant transformation is reshaping India’s commercial real estate landscape as nine emerging cities collectively reach economic strength, commanding a combined GDP of ₹9.9 trillion....
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CII Seeks Sovereign Fund to Finance India’s Long-Term Growth
New Delhi-based apex industry body, the Confederation of Indian Industry (CII), has proposed the creation of an India Development and Strategic Fund (IDSF), a sovereign-backed institution to finance the long-term growth, resilience, and global economic security of the world’s fastest-growing major economy. A sovereign-backed fund is a state-owned investment institution that invests surplus reserves for...
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Air India Express Adds Nagpur, Launches New Abu Dhabi Routes to Strengthen India-Gulf Connectivity
These additions by Air India Express further enhance India’s aviation connectivity with the Gulf region. Air India Express, the low-cost carrier and wholly owned subsidiary of Air India, has announced the addition of Nagpur to its network, alongside new international services to Abu Dhabi. The expansion signals the airline’s aggressive growth strategy as it strengthens...
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AISATS Launches New Logo Reflecting Innovation, Technology, and Sustainability
The unveiling of AISATS’s new brand identity comes as the company invests in cutting-edge infrastructure, including the BLR Logistics Park and the upcoming multimodal cargo hub at Noida International Airport. Air India SATS Airport Services Pvt Ltd (AISATS), India’s leading provider of integrated ground and cargo handling solutions, has unveiled a new brand identity with...
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Welspun Enterprises Wins ₹31.45 Billion Contract for 910 MLD Water Treatment Plant in Maharashtra
The company has partnered with Veolia as its technology provider to deploy advanced treatment processes and ensure high-quality water output. Welspun Enterprises Ltd (WEL), the infrastructure and energy arm of Welspun World, has been awarded a water treatment plant contract valued at approximately ₹31.45 billion by the Brihanmumbai Municipal Corporation (BMC). WEL will design, build...
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IWAI Boosts Inland Cargo with PPP Transfer of Kalughat, Haldia Terminals
IWAI has significantly upgraded the 1,390 km stretch of National Waterway-1 through fairway development, construction of multimodal and intermodal terminals, modern navigational infrastructure, and over 60 community jetties to support riverine communities. The Inland Waterways Authority of India (IWAI) has marked two major milestones under the Jal Marg Vikas Project (JMVP) on National Waterway-1, with...
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IRB InvIT Fund Acquires Three Highway Assets Worth ₹84.36 Billion, Expands Portfolio to Nine Projects
With this, three highway assets of the IRB Infrastructure Trust, located in Uttar Pradesh, Haryana and Rajasthan, have now become part of the IRB InvIT Fund’s asset portfolio. IRB Infrastructure Developers Ltd (IRBL), India’s largest multinational transport infrastructure developer in the highways sector, announced late Thursday that its sponsored IRB InvIT Fund has completed the...