Union Minister for Tourism and Culture Gajendra Singh Shekhawat, addressing FICCI’s 98th AGM, outlined the government’s vision to transform tourism into a $1 trillion sector generating millions of jobs by 2047. The government is actively considering granting harmonised infrastructure status to the hotel industry, a long-standing demand that could unlock significant capital inflows and strengthen...
Category: Infrastructure
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India Can Save $204 Billion in Infra Pipeline with Better DPR Planning: Vector Consulting
According to the Mumbai‑based management consultancy, India’s infrastructure ecosystem remains trapped in a cycle where stakeholders act with good intent, but systemic design flaws lead to delays and cost overruns. India, one of the world’s fastest‑growing infrastructure markets, can unlock savings of up to ₹17 trillion ($204 billion) across the National Infrastructure Pipeline (NIP) by...
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India’s Data Centre Revenue to Hit ₹200 Billion By FY2028, Driven by AI, Cloud and 5G: Crisil Ratings
The country’s data centre capacity is projected to double to 2.3-2.5 gigawatts (GW) by March 2028, reflecting buoyant demand across enterprises and consumers, according to a Crisil Ratings study. India’s data centre industry is poised for robust expansion, with operator revenue expected to reach approximately ₹200 billion ($2.4 billion) annually by fiscal 2028. This translates...
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India’s Century‑Old Infrastructure Cooperative Pioneer, ULCCS, Secures ICA’s Global Heritage Recognition
Since its inception in 1925, ULCCS has delivered more than 7,500 projects spanning public works, highways, and education, and has diversified into IT and ITeS, tourism, material testing, skilling, agriculture, and residential development. In a landmark recognition of India’s cooperative movement, the century-old Uralungal Labour Contract Co-operative Society (ULCCS) Ltd, a diversified infrastructure developer...
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Railway Board Tightens Garbage Disposal Rules for Trains
The apex decision-making body of Indian Railways has set a one‑month deadline, cautioning that violations will trigger termination of service contractors. The Railway Board, the apex decision‑making body of the Indian Railways, has issued detailed instructions to all 19 Zonal Railways on the management and disposal of garbage from trains during their journey. The directive...
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RVNL Expands Beyond Rail with ₹5.35 Billion Visakhapatnam Port Authority Infrastructure Deal
The partnership signals RVNL’s strategic shift from a rail‑focused enterprise to a comprehensive infrastructure provider, in line with its vision of ‘From Rail Infra to All Infra’. Rail Vikas Nigam Ltd (RVNL), a Navratna public sector enterprise under the Ministry of Railways, has signed a memorandum of understanding (MoU) with Visakhapatnam Port Authority (VPA) for...
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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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InvITs Deliver Strong Returns in India but Require Disciplined Investment, Finds New Study
Advising against indiscriminate investment, the Client Associates study calls for a well-informed approach to maximise returns from InvITs, as infrastructure creation gathers pace. A recent study has revealed that while infrastructure investment trusts (InvITs) are only nine years old in India as a financing instrument, they have delivered average pre-tax returns of 10-12 per cent...
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ITA to Launch India Support Programme to Accelerate Industrial Decarbonisation
The ITA has identified more than 65 potential clean industrial projects across sectors, including aluminium, steel, cement, chemicals, and aviation, to advance a first wave to final investment decision within the next two to three years. The Industrial Transition Accelerator (ITA), a global initiative launched at COP28 to fast-track decarbonisation in heavy-emitting sectors, will formally...
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Industry-Government Pact Targets Air Quality Gains in Delhi NCR: CAQM and CII Sign Strategic MoU
Under the agreement, CAQM and CII will jointly advance air quality management initiatives, recalibrate compliance frameworks for industrial and construction emissions, and expand clean and green economy solutions. Even as concerns over worsening air quality in the Delhi National Capital Region (NCR) and surrounding areas grow ahead of the winter season, the spokesperson for a...