As India’s newest development financing institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID) is targeting Rs.1.2 trillion in loan sanctions for this fiscal year. Samuel Joseph Jebaraj, Deputy Managing Director, tells INFRASTRUCTURE TODAY’s Manish Pant that while deepening its presence in renewables and roads, the DFI is also underwriting municipal bonds and...
Tag: infrastructure
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Modi Government Clears ₹12 Trillion Infrastructure Push in Third Term, Says Vaishnaw
Since June 2024, the Government of India has launched one of its most ambitious infrastructure investment cycles, spanning aviation, highways, railways, ports, metro systems, housing, and more. Since the start of Prime Minister Narendra Modi’s third term on June 9, 2024, the central government has committed over ₹12 trillion towards infrastructure development across key sectors,...
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Surat HSR Site Reviewed by Railway Minister and Japan’s Infrastructure Chief Amid Bharat-Japan Rail Push
The two ministers reviewed core components of the Mumbai-Ahmedabad High-Speed Rail corridor, including the track slab laying car and the adjustment facility. Japan’s Minister of Land, Infrastructure, Transport and Tourism, Hiromasa Nakano, visited the Surat High-Speed Rail (HSR) construction site on Thursday, accompanied by India’s Minister of Railways, Ashwini Vaishnaw. The two ministers reviewed key...
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MOVIN Express Director Maps Festive Logistics Strategy for 2025: Reliability, Speed, and Scale
In a note released ahead of the festive season, Grégory Goba-Blé outlines how logistics providers like MOVIN Express prepare in advance by expanding infrastructure, optimising distribution networks, and reinforcing coordination across warehousing and transport to ensure seamless service during peak demand. What does it take to steer one of India’s fastest-growing logistics companies through the...
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Navi Mumbai International Airport: India’s Newest Gateway to Growth, Connectivity and Investment
More than a relief valve for Mumbai’s saturated skies, India’s newest mega-airport is poised to become a strategic growth engine that enhances connectivity, attracts investment, and accelerates urban development across Maharashtra and Western India, writes Manish Pant. Just as its inspiration—a blooming lotus—symbolises the opening of the human mind, the formal inauguration of Navi Mumbai...
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SDHI Signs ₹42.5 Billion Shipbuilding Pact with GMB, Partners with SMFCL to Advance Maritime India Vision
Anchored in Maritime India Vision 2030 and the Amrit Kaal Vision 2047, the agreements signal a strategic leap in infrastructure, skills, and global maritime competitiveness. Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication firm, has signed two strategic memoranda of understanding (MoUs) aimed at accelerating the country’s maritime manufacturing ecosystem. Inked...
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Rewriting the Rules: RBI’s New Blueprint for Safer Project Finance
The Reserve Bank of India’s revised project finance guidelines, effective from October, aim to mitigate infrastructure financing risks and establish a robust framework to safeguard stakeholder interests, informs Rajashree Murkute. India’s ambitions are vast: transforming into a $30 trillion economy by 2047, building 100 smart cities, and advancing sustainability alongside seamless connectivity. Yet these goals...
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Foundamental Launches Third Construction-Tech Fund, Deepens India Focus Amid Global Expansion
The Berlin-based venture capital firm aims to close Fund III—anchored in the broader project economy of construction and infrastructure—by the end of calendar 2025. Berlin-based venture capital firm Foundamental has announced the launch of its third fund, reinforcing its commitment to India and the Asia-Pacific region while expanding its global footprint across construction, infrastructure, and...
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Maharashtra Farmers Gain Daytime Irrigation Boost from Avaada’s Solar Push
The state government-led initiative under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) aims to provide farmers with reliable daytime electricity for irrigation while accelerating the shift to decentralised clean energy. Mumbai-headquartered Avaada Group has commissioned 11 solar power projects in Maharashtra’s Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0. The state-led initiative...
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GST on Drones Slashed to 5% in Major Tax Reform, Boosting India’s UAV Sector
Uniform taxation rate to reduce prices and spur drone adoption across agriculture, defence, and infrastructure. In a landmark move to support emerging technologies and industrial growth, the GST Council has approved a uniform 5 per cent goods and services tax (GST) on all categories of drones. The reform, announced at the 56th GST Council Meeting,...