INDIA INFRASTRUCTURE PROJECTS
AAI to submit report on second International Airport for Bengaluru in few days: Minister
Bengaluru is on the brink of unveiling a second international airport. The Airports Authority of India is finalizing its site report, which will soon be presented to the Karnataka cabinet for review. A comprehensive assessment of financial viability will also be undertaken by airport construction firms.
Microsoft Azure, Galleri5 partner to drive AI leap in filmmaking
Microsoft Azure and Galleri5 have partnered to launch Azure AI CineLabs, a program designed to advance AI in filmmaking. This collaboration will equip filmmakers with AI-driven tools on Azure OpenAI Service to boost creativity and productivity across pre-production, post-production, and visual design.
Government plans sweeping changes to revive private investment in highway projects
The renewed emphasis on BOT-Toll projects reflects the government’s intent to rebalance the highway development model. In recent years, most projects have shifted to the EPC (Engineering, Procurement and Construction) or Hybrid Annuity Model (HAM), both of which rely heavily on government funding.
Mukul Mahavir Agrawal buys stake in Ramesh Damani-backed stock that’s down 42% YTD. Do you own?
Ace investor Mukul Mahavir Agrawal has bought a 1.5% stake in Protean eGov Technologies, a Ramesh Damani-backed firm. Despite the stock’s 42% YTD decline, investor interest is reviving as Protean secures new contracts, including a Rs 1,160 crore UIDAI project, and expands India’s digital infrastructure footprint.
Uniphore closes $260 million in funding from Nvidia, AMD, others
The funding round, which valued the Palo Alto-based company at around $2.5 billion, also saw participation from existing investors such as NEA, March Capital, BNF Capital, National Grid Partners, and Prosperity7 Ventures.
Branded hotel rooms in Northeast to double by 2030
Northeast India is transforming with a significant increase in branded hotels. Over 3,000 new rooms are planned by 2030, with Assam leading the expansion. This growth is fueled by improved infrastructure and rising tourist numbers. Despite this, the region still holds vast untapped potential for further development and investment.
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NHAI to deploy Network Survey Vehicles to collect road inventory data
Network Survey Vehicle (NSV) System is a specialized infrastructure management tool comprising vehicles equipped with advanced sensors and data acquisition systems. These vehicles systematically collect data on road inventory and condition of National Highways. These will be deployed in 23 states covering 20,933 km to collect, process and analyse key road related data.
Mumbai's Bandra Bay to see launch of over Rs 1 lakh crore worth luxury housing, retail projects: Report
Mumbai's Bandra Bay is set for a massive transformation. Over Rs 1 lakh crore will be invested in luxury housing and retail projects. This development will create nearly 8 million sq ft of premium space. Bandra Bay is poised to become India's waterfront capital. It will attract ultra-high-net-worth individuals and global investors. The area offers unparalleled infrastructure and demand.
India adds 15-25 GW of renewable capacity annually, among fastest globally: MNRE
India continues to add 15-25 gigawatt of new renewable capacity annually, a rate that remains among the fastest in the world, according to the Ministry of New and Renewable Energy (MNRE).
Data nation: 9GW capacity seen by 2032 on $50 billion flows
Global tech giants and Indian companies plan to invest over $50 billion in India’s data centre industry within 5–7 years, increasing capacity from 1 GW to around 9 GW. JLL and Jefferies say rising data use, localisation laws, and AI demand will drive this growth and related infrastructure opportunities.
Delhi govt looks to launch Yamuna cruise service by November last week
The Delhi government is preparing to launch its ambitious Yamuna cruise project by the last week of November. This new service aims to rejuvenate the river and boost tourism. The cruise will operate between Sonia Vihar and Jagatpur, a stretch with good water quality. Initially, one boat will carry 90 passengers, offering snacks.
UP RERA approves 35 projects worth Rs 9,000 crore in a month
UP-RERA has approved 35 projects valued at Rs 9,000 crore in a month, boosting the real estate sector. Approvals span beyond NCR to cities like Ayodhya and Jhansi, promoting balanced regional development and enhancing housing availability, particularly for affordable and mid-income segments.
India set to lead in Asia-Pacific office space supply in 2026
India is set to lead the Asia-Pacific office market in 2026, with Bengaluru, Hyderabad, and Delhi-NCR projected to deliver the highest net addition of Grade-A office space in the region. Bengaluru is expected to add 13.09 million sq ft, Hyderabad 9.25 million sq ft, and Delhi-NCR 8.98 million sq ft, surpassing major Asian cities like Shanghai, Shenzhen, and Beijing. Mumbai will add over 4.3 million sq ft.
Mumbai metropolitan region set to emerge as one of world's leading urban economies: MMRDA
Mumbai Metropolitan Region is set for a major transformation. By 2047, it aims to be a global economic leader with a GDP of over a trillion dollars. Population is expected to reach nearly 4 crore. Significant infrastructure projects and job creation will drive this growth. The region will focus on sustainable development and improved liveability.
Premium and tier-2 markets set for record-breaking demand this festive season, say developers
Developers expect record festive-season demand in both premium metro and Tier-2 housing markets, driven by cultural beliefs, attractive financing, and improved market sentiment. Buyers are motivated by auspicious timings, rising urbanization, and lifestyle amenities, making Diwali a key period for property investments in India.
EU-India trade talks seen boosting long-term investor confidence: EIB official
The European Investment Bank (EIB) expressed strong confidence in India's growth, highlighting its resilience and opportunities despite geopolitical uncertainties. EIB Vice President Nicola Beer emphasised the need for faster approvals and a level playing field for global investors to boost investment flows, particularly in climate action and urban mobility projects.
Highway construction slows down; projected to hit 6-year low in FY26
The momentum of national highway construction in India is expected to fade, with estimates predicting a fall to under 10,000 km in the upcoming fiscal year 2026. This decline is largely due to fewer project awards seen in the recent two years. Changing policies and a commitment to wrap up current projects are shaping the slowdown.
Desco Infratech, KPI Green Hydrogen and Ammonia join hands for hydrogen-natural gas blending
Three companies are joining forces for hydrogen-natural gas blending projects. This collaboration aims to build green infrastructure and support India's clean energy goals. KPI Green Hydrogen and Ammonia will produce green hydrogen. Desco Infratech will handle engineering and technology for blending. Naveriya Gas will integrate the blended fuel into city gas networks.
India building global-standard inland ship repair network to boost water transport: Shantanu Thakur
India is enhancing its inland ship repair and maintenance facilities. New centers in Patna and Varanasi are operational, with another planned for Pandu. These facilities aim to reduce vessel downtime and create jobs. The government's vision is to make India a leading maritime nation by developing a self-sustaining inland vessel ecosystem.
Highway developers urge NHAI to tweak BOT agreement model
Road developers are urging the NHAI to amend model concession agreements for BOT projects, focusing on restructuring termination payments and easing financial burdens. Recommendations include shared demand-side risk, permanent GNSS toll data, and revised prolongation cost compensation to boost project viability and attract investors.
GAIL signs concession agreement to set up CBG Plant in Bengaluru
GAIL India has signed a tripartite agreement with Greater Bengaluru Authority and Bengaluru Solid Waste Management to establish a Compressed Bio Gas plant in Bengaluru. The plant will process 300 tonnes of municipal solid waste daily, producing biogas and organic manure, promoting sustainable waste management and a circular economy.
Nirmala Sitharaman inaugurates Farmers' Training Centre in Karnataka under MPLAD scheme
Union Finance Minister Nirmala Sitharaman inaugurated a Farmers' Training and Common Facility Centre in Vijayanagara, Karnataka. This centre will train self-help groups and farmers through Farmer Producer Organisations. The facility aims to enhance value addition for agricultural produce like groundnut and tamarind. Modern processing techniques will be introduced to improve quality and market value.
Anantam Highways InvIT shares rise nearly 1% after listing, trading above IPO price
The Rs 400 crore issue, entirely a fresh offer, received strong demand during its three-day bidding window. The InvIT was subscribed 5.62 times overall, with robust participation from non-institutional investors, who bid 8.93 times their allotted portion.
House of Hiranandani acquires land parcel in Mumbai's Andheri
Realty developer House of Hiranandani is expanding its commercial real estate presence in Mumbai. The company has acquired a land parcel in Andheri East. A new premium commercial tower will be developed on this plot with an investment exceeding Rs 500 crore. This project aims to meet the growing demand for Grade A office spaces in the western suburbs.
How deals with OpenAI have led to share surges for its partners
OpenAI is making massive deals worth over a trillion dollars. These agreements secure computing power for its AI goals and hardware plans. The company is partnering with major firms like Oracle, Nvidia, Samsung, and SK Hynix. OpenAI is also entering online shopping with its ChatGPT chatbot. These moves position OpenAI as a dominant force in the AI market.
Google, Adani, Airtel join hands to build India’s largest $15-billion AI data hub in Visakhapatnam
Google, Adani Enterprises, and Bharti Airtel are investing $15 billion over five years to build India's largest AI hub and data centre campus in Visakhapatnam. This initiative will feature gigawatt-scale data centres powered by clean energy, new subsea cable landings, and a robust fibre network, aiming to bring Google's AI capabilities closer to Indian businesses and developers.
Google readies $15 billion war chest for Andhra AI hub: all you need to know
The project will be built with an investment of $15 billion spread over five years, till 2030. The facility will have an initial capacity of 1 gigawatt (GW), which will be scaled to “multiple gigawatts”, said Google Cloud CEO Thomas Kurian.
India plans new transport authority to fix infrastructure flaws
India is establishing a federal Transport Planning Authority to coordinate infrastructure projects across aviation, highways, shipping, rail, and urban planning. This move aims to curb wasteful spending, improve project viability, and avoid delays, drawing inspiration from international models.
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