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Building Tomorrow’s Roads
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Flexible Office Space Funding Soars
Since 2017, flexible office space operators in India have attracted USD 820 million in private equity (PE) funding, driven by growing demand from corporates, according to Knight Frank. The real estate consultant highlighted significant fluctuations in PE investments, beginning with a rise from USD 25 million in 2017 to USD 49 million in 2018, peaking at USD 113 million in 2019. Investors like CLSA Capital and Peak XV Partners played a key role during this period. However, the sector saw a sharp decline during the pandemic, with investments falling to USD 11 million in 2020 and USD 6 million in..
PM Modi Boosts Energy, Metro Projects
In a significant step towards enhancing India’s energy and transport infrastructure, Prime Minister Narendra Modi is set to launch a series of projects totaling ?10,400 crore during his visit to Pune on September 26. A major highlight of the event will be the inauguration of the first phase of the Pune Metro Rail Project, which includes the completion of the underground section from District Court to Swargate, constructed at a cost of ?1,810 crore. Modi will also lay the foundation stone for the Pune Metro Swargate-Katraj Extension, estimated at ?2,950 crore. Among the key initiatives, the P..
India's Solar PV Manufacturing Expands Significantly
India's solar photovoltaic (PV) module manufacturing capacity has seen an impressive increase from 2.3 GW in 2014 to 67 GW in 2024, driven by the government's "Make in India" initiative and key policy interventions. According to the Ministry of Renewable Energy, the capacity jump reflects the government's efforts to make India self-reliant (Atmanirbhar) in solar PV manufacturing and establish it as a global leader in the clean energy value chain. The Production Linked Incentive (PLI) scheme, with an outlay of ?24,000 crore for high-efficiency solar PV modules, has been a significant factor in ..
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