Central to the package is the extension of the Shipbuilding Financial Assistance Scheme (SBFAS) until March 31, 2036, backed by a corpus of ₹247.36 billion. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a comprehensive package worth ₹697.25 billion to revitalise India’s shipbuilding and maritime ecosystem. The initiative adopts a four-pillar strategy...
Tag: Prime Minister Narendra Modi
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India’s Coastline Will Drive Prosperity: PM Modi Unveils ₹60 Billion Maritime Projects in Gujarat
Speaking at Bhavnagar, Prime Minister Narendra Modi laid the foundation stone for the world’s first compressed natural gas (CNG) terminal and a brownfield port, launching ₹60 billion worth of projects to boost India’s coastal economy, logistics capacity, and global trade integration. Prime Minister Narendra Modi has said that India’s coastline will become the gateway to...
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Bullet Train Delayed by 30 Months Due to Execution Challenges in Maharashtra: Vaishnaw
The Railways Minister also assured that fares on India’s first bullet train corridor between Ahmedabad and Mumbai would remain affordable, with a structure designed to be reasonable and accessible to the middle class. Union Minister for Railways Ashwini Vaishnaw has confirmed that execution-related delays during the Uddhav Thackeray-led government in Maharashtra pushed back the Ahmedabad-Mumbai...
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VA Tech Wabag Deploys Robotic Sewer Cleaning to End Manual Scavenging in Uttar Pradesh
Launched in Agra in early 2025, Uttar Pradesh’s mechanised sewer maintenance programme has already seen Bandicoot clean over 1,500 manholes, laying the groundwork for wider adoption across the state. VA Tech Wabag has introduced ‘Bandicoot’—the world’s first robotic manhole cleaner—in Ghaziabad, marking a significant step in the city’s sanitation modernisation drive. The deployment is part...
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PM Modi Inaugurates Avaada’s ₹15 Billion Solar Project in Gujarat; Foundation Laid for ₹4 Billion Vadodara Plant
The 280 MW Surendranagar plant will enhance Gujarat’s renewable energy mix and provide clean, affordable power to citizens, particularly farmers. Prime Minister Narendra Modi formally launched diversified energy conglomerate Avaada Group’s 280 MW solar power project in Surendranagar, Gujarat, on Saturday. Developed under the Gujarat State Solar Policy, the project spans over 1,170 acres across...
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India 2036: Building for the Olympics, Forging a Legacy
With the unveiling of India’s new National Sports Policy, the road to the 2036 Olympics now hinges on bold policy frameworks and transformative infrastructure, writes Nasir Ali. India’s bid to host the 2036 Summer Olympics isn’t just about welcoming the world to our shores; it is a call to transform the country’s sporting landscape. If...
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IndiGo to Launch Direct Flights to Athens Using India’s First A321XLR, Marking Strategic Expansion into Southern Europe
This new aviation corridor is poised to boost leisure travel, MICE tourism, and destination weddings, while deepening IndiGo’s strategic presence across Europe. IndiGo, India’s largest airline by fleet size and market share, has announced Athens as the inaugural destination for the country’s first Airbus A321XLR aircraft. The airline will commence six weekly direct flights to...
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India’s Largest Container Terminal Inaugurated at JNPT, Constructed by Man Infra Construction
Designed with advanced green and multimodal infrastructure, the container terminal is expected to significantly boost trade efficiency and strengthen global connectivity. Man Infra Construction Ltd (MICL) has announced the inauguration of the Bharat Mumbai Container Terminal (BMCT) Phase II at Jawaharlal Nehru Port, marking a major milestone in India’s maritime infrastructure. The terminal, developed under...
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Modi Inaugurates ₹18.7 Billion Aunta-Simaria Ganga Bridge to Link North and South Bihar
The new bridge will eliminate the need for heavy vehicles to take detours of over 100 kms between North Bihar districts, easing regional traffic congestion, particularly in areas previously strained by diverted freight movement. Prime Minister Narendra Modi inaugurated the ₹18.7 billion Aunta-Simaria Ganga Bridge Project on Friday, part of a broader ₹120 billion infrastructure...
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Reacting to Trump tariffs, India, Brazil expand oil ties: S&P Global Commodity Insights
Sky-high US tariffs are prompting India and Brazil to explore opportunities to boost oil trade, as New Delhi looks for alternatives to Russian oil, while Brazil scouts for newer markets for its growing crude output, according to S&P Global Commodity Insights. Russian oil flows to India continue, but Indian refiners are preparing for the worst...