However, the industry anticipates higher infrastructure capex in the Union Budget 2026-27 alongside accelerated project awards. Domestic demand for construction equipment in India faced headwinds in FY2025-26, with sales remaining subdued. According to the latest industry data reported by the Indian Construction Equipment Manufacturers Association (ICEMA), domestic construction equipment sales declined 9 per cent from...
Category: Infrastructure
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Union Cabinet Clears $146 Million Delhi Metro Expansion, Adding 16 km and 13 Stations
At the heart of the expansion, the Central Vista corridor promises seamless metro access for 60,000 office goers and 200,000 daily visitors. Even as India is poised to become the secondālargest metro rail network in the world, the Union Cabinet chaired by Prime Minister Narendra Modi has approved three new corridors for the Delhi Metro,...
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Saleem Ahmad Takes Charge as RVNL CMD, Steering Shift to AllāInfra Vision
With 33 years of engineering experience, Ahmad assumes leadership as RVNL transitions to a global infrastructure developer. Rail Vikas Nigam Ltd (RVNL), the stateāowned diversified infrastructure company under the Ministry of Railways, has announced the appointment of Saleem Ahmad as its new Chairman & Managing Director (CMD). Prior to this role, Ahmad was serving as...
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Rail Freight Rises 4.2% in November as Steel, Iron Ore and Fertiliser Volumes Surge
Rail Freight Rises 4.2% in November as Steel, Iron Ore and Fertiliser Volumes Surge In just eight months of FY2025ā26, the worldās fourthālargest rail transporter has exceeded the fullāyear freight loading of FY2013ā14, recorded at 1,055 MT. Indian Railways recorded a freight loading of 135.7 million tonnes (MT) in November 2025, marking a 4.2 per...
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CII Calls for Green Finance Institution, Recycling Parks and Faster Clearances in Budget 2026-27
Industry body calls for a holistic transition to sustainability across finance, recycling and infrastructure, simplifying environmental regulations, strengthening compliance, advancing circularity, and ensuring Indiaās future building stock is energyāefficient. The Confederation of Indian Industry (CII) has called for a suite of institutional reforms and policy interventions to accelerate Indiaās transition to a green economy. In...
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PIDG Expands India Portfolio, Mobilises ā¹29 Billion for Sustainable Infrastructure
PIDGās creditāguarantee unit GuarantCo supported Vivriti Capitalās ā¹2.9 billion listed bond, KPI Green Energyās ā¹6.7 billion green bond, and Muthoot Capitalās ā¹1.5 billion green bond this year. Blendedāfinance pioneer Private Infrastructure Development Group (PIDG) is expanding its India portfolio in 2025, focusing on mobilising domestic institutional debt for the countryās sustainability transition. The push follows...
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Anant Goenka Takes Charge as FICCI President; Centenary Logo Unveiled by Piyush Goyal
As FICCIās new leadership prepares to steer the chamber into its 100th year, Commerce & Industry Minister Piyush Goyal unveiled the centenary logo, ā100 Years of Building Tomorrowā, at the annual convention.Ā Anant Goenka, Vice Chairman of RPG Group, has assumed charge as President of the Federation of Indian Chambers of Commerce and Industry (FICCI)...
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InfraPandit Awards 2025 Spotlight Doctoral Research Driving Indiaās Infrastructure Future
The first edition of the InfraPandit Awards, instituted by New Delhiābased InfraVision Foundation and backed by $30.7 billion EPC and technology conglomerate Larsen & Toubro (L&T), honoured doctoral research in clean energy and urban sanitation innovations. Indiaās next big leap in infrastructure creation will be propelled by emerging technologies and sustainability, supported by a strong...
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Centre Weighs Infra Status for Hotels to Unlock Tourism Investment: Shekhawat
Union Minister for Tourism and Culture Gajendra Singh Shekhawat, addressing FICCIās 98th AGM, outlined the governmentās 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...
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India Can Save $204 Billion in Infra Pipeline with Better DPR Planning: Vector Consulting
According to the Mumbaiābased management consultancy, Indiaās 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 worldās fastestāgrowing infrastructure markets, can unlock savings of up to ā¹17 trillion ($204 billion) across the National Infrastructure Pipeline (NIP) by...