IMC to complete five out of 10 major road projects this FY

04 May 2023 CW Team

The much-discussed Khandwa Road is one of ten significant under-construction roads for which the Indore Municipal Corporation (IMC) has published schedules.

"To allow for free flow of traffic, we are constructing a network of large roadways in the city. The timeframe for the main roadways that are still under construction has also been revealed, according to mayor Pushyamitra Bhargav.

Five out of ten significant road projects that are now under development, according to a chart provided by IMC, will be finished in the fiscal year 2023–2024.

The Khandwa Road will be the first project to be finished.

According to Bhargav, work on the eagerly anticipated Khandwa Road, which runs 6.5 km from Bhanwarkuan Square to the Tejaji Nagar underpass, would be finished in June. "The road is being constructed at a cost of 526.8 million," he continued.

Additionally, the RE-2 project, which had run into difficulties because of obstructions caused by structures, will also be finished this fiscal year.

The Indore Development Authority and IMC are working together to build this road. The IMC is still having structures removed even after the IDA had finished its portion of the job. According to the mayor, work is also being done on the section that runs from Bhuri Tekri to RTO via Nemawar Road. He stated, "The project, which is estimated to cost roughly Rs 42 crore, will be finished in the current fiscal.

The route between Imli Bazaar and Mari Mata Square and the section between Musakhedi and Sanwariya Mandir would also open this fiscal.

According to the IMC, work would also be finished this fiscal year on the section that runs through Azad Nagar Square from Navlakha Square to the District Jail.

Additionally, the IMC promised to ensure that 40% of MR-3's work and 50% of RW-1's work (from Banganga Railway Cross to ISBT on MR-10) and MR-4's work (from Banganga Railway Crossing to Bhandari Bridge Underpass) and MR-5's work (from Khade Ganpati-Tigariya Badshah Road) would be finished during the current fiscal year.

The much-discussed Khandwa Road is one of ten significant under-construction roads for which the Indore Municipal Corporation (IMC) has published schedules. To allow for free flow of traffic, we are constructing a network of large roadways in the city. The timeframe for the main roadways that are still under construction has also been revealed, according to mayor Pushyamitra Bhargav. Five out of ten significant road projects that are now under development, according to a chart provided by IMC, will be finished in the fiscal year 2023–2024. The Khandwa Road will be the first project to be finished. According to Bhargav, work on the eagerly anticipated Khandwa Road, which runs 6.5 km from Bhanwarkuan Square to the Tejaji Nagar underpass, would be finished in June. The road is being constructed at a cost of 526.8 million, he continued. Additionally, the RE-2 project, which had run into difficulties because of obstructions caused by structures, will also be finished this fiscal year. The Indore Development Authority and IMC are working together to build this road. The IMC is still having structures removed even after the IDA had finished its portion of the job. According to the mayor, work is also being done on the section that runs from Bhuri Tekri to RTO via Nemawar Road. He stated, The project, which is estimated to cost roughly Rs 42 crore, will be finished in the current fiscal. The route between Imli Bazaar and Mari Mata Square and the section between Musakhedi and Sanwariya Mandir would also open this fiscal. According to the IMC, work would also be finished this fiscal year on the section that runs through Azad Nagar Square from Navlakha Square to the District Jail. Additionally, the IMC promised to ensure that 40% of MR-3's work and 50% of RW-1's work (from Banganga Railway Cross to ISBT on MR-10) and MR-4's work (from Banganga Railway Crossing to Bhandari Bridge Underpass) and MR-5's work (from Khade Ganpati-Tigariya Badshah Road) would be finished during the current fiscal year.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..