Newsmakers
ECONOMY & POLICY

Newsmakers

First Indian Iabse President
Dr. Harshavardhan Subbarao has been elected as the President of the International Association for Bridge and Structural Engineering (IABSE) for the 2025-2028 term. He is the first Indian to hold this prestigious position. With over 20 years of active involvement in IABSE, Dr. Subbarao has contributed significantly, serving as Vice President, Executive Committee member, and Chair of several committees, including the Outstanding Paper Award Committee (OPAC). As Chairman of Construma Consultancy Pvt. Ltd. (CCPL), he brings over 38 years of expertise in bridge and structural engineering. Dr. Subbarao is dedicated to promoting global collaboration and innovation in the field.

Strategic Diversification 
Sajjan Jindal, Chairman and Managing Director, JSW Group, leads the firm which has secured contract for two copper blocks in Jharkhand from Hindustan Copper Limited (HCL), marking its entry into non-ferrous mining with a planned investment of Rs 26 billion (bn). The project includes mine operationalisation, a copper concentrator plant, and an ore capacity of 3 MTPA. In parallel, JSW has committed Rs 300 bn for FY25-FY30 to expand JSW Infrastructure's cargo capacity to 400 MTPA. Additionally, recent Rs 3 trillion MoU with Maharashtra aims to bolster investments in steel, renewable energy, EVs, and cement. The recent investment showcases strategic diversification to meet demand for essential metals across high-growth sectors.

Building Connectivity  
Devendra Jain, CEO & Managing Director, Dilip Buildcon, leads the company which has constructed Gorakhpur Link Expressway at a cost of Rs 12.50 billion (bn). Spanning 91.35 km, the expressway connects Jaitpur in Gorakhpur to Salarpur in Azamgarh, linking with the Purvanchal Expressway. With 98 per cent work completed, the expressway to reduce Gorakhpur-Lucknow travel time to 3.5 hours. Boasting a four-lane expandable design, it features seven flyovers, 50 underpasses, and industrial corridors to drive regional commerce. Dilip Buildcon’s net order book stood at Rs 173.55 bn, the firm has completed major projects including Nagpur-Mumbai Super Communication Expressway, Bhopal metro and Ahmedabad metro.

First Indian Iabse PresidentDr. Harshavardhan Subbarao has been elected as the President of the International Association for Bridge and Structural Engineering (IABSE) for the 2025-2028 term. He is the first Indian to hold this prestigious position. With over 20 years of active involvement in IABSE, Dr. Subbarao has contributed significantly, serving as Vice President, Executive Committee member, and Chair of several committees, including the Outstanding Paper Award Committee (OPAC). As Chairman of Construma Consultancy Pvt. Ltd. (CCPL), he brings over 38 years of expertise in bridge and structural engineering. Dr. Subbarao is dedicated to promoting global collaboration and innovation in the field.Strategic Diversification Sajjan Jindal, Chairman and Managing Director, JSW Group, leads the firm which has secured contract for two copper blocks in Jharkhand from Hindustan Copper Limited (HCL), marking its entry into non-ferrous mining with a planned investment of Rs 26 billion (bn). The project includes mine operationalisation, a copper concentrator plant, and an ore capacity of 3 MTPA. In parallel, JSW has committed Rs 300 bn for FY25-FY30 to expand JSW Infrastructure's cargo capacity to 400 MTPA. Additionally, recent Rs 3 trillion MoU with Maharashtra aims to bolster investments in steel, renewable energy, EVs, and cement. The recent investment showcases strategic diversification to meet demand for essential metals across high-growth sectors.Building Connectivity  Devendra Jain, CEO & Managing Director, Dilip Buildcon, leads the company which has constructed Gorakhpur Link Expressway at a cost of Rs 12.50 billion (bn). Spanning 91.35 km, the expressway connects Jaitpur in Gorakhpur to Salarpur in Azamgarh, linking with the Purvanchal Expressway. With 98 per cent work completed, the expressway to reduce Gorakhpur-Lucknow travel time to 3.5 hours. Boasting a four-lane expandable design, it features seven flyovers, 50 underpasses, and industrial corridors to drive regional commerce. Dilip Buildcon’s net order book stood at Rs 173.55 bn, the firm has completed major projects including Nagpur-Mumbai Super Communication Expressway, Bhopal metro and Ahmedabad metro.

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Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

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Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

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Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

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