The Uralungal Labour Contract Cooperative Society Ltd. (ULCCS) was established 100 years ago in Kozhikode, Kerala, by the social reformer Vagbhatananda. Its cooperative structure makes it to the construction sector what Amul is to the dairy industry in India. The cooperative’s engineering and construction subsidiary, U-Sphere, launched in February 2025 as part of the centenary...
Tag: Data Centres
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Waaree Energies Acquires Majority Stake in Kotsons to Expand Transformer Manufacturing Capacity
The acquisition comes amid projections of 8-10 per cent CAGR for India’s transformer market, driven by rising demand from emerging sectors such as green hydrogen, EV charging infrastructure, data centres, 5G rollout and railway electrification. Waaree Energies Ltd, India’s largest solar module manufacturer, has acquired a 64 per cent equity stake in Kotsons Pvt. Ltd...
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Lack of sufficient domestic project financing options remains a concern
Steve Edwards - Chairman and CEO, Black & Veatch, shares his perspective on the Indian infrastructure market, his company´s offerings, and the shortcomings in the current EPC contract mechanism in the country.