Gujarat Chief Minister Bhupendra Patel on Sunday, October 12, inaugurated the newly developed four-lane road connecting the Jain pilgrimage site Mahudi with Pilvai. The 4.45 km stretch, built at a cost of Rs 20 crore, is expected to ease traffic, reduce travel time and improve connectivity between Ahmedabad-Gandhinagar and Vijapur. Boost to pilgrim travel and…
Prime Minister Narendra Modi on Monday launched infrastructure projects worth over Rs 5,125 crore in Arunachal Pradesh. The initiatives, covering energy, connectivity, tourism and healthcare, are aimed at accelerating the state’s long-term development. Major boost to hydropower capacity At the launch event held at Indira Gandhi Park in Itanagar, Modi virtually inaugurated two large hydropower…
Asset under management (AUM) of infrastructure investment trusts (InvITs) is expected to cross Rs 8 lakh crore by fiscal 2027 from Rs 6.3 lakh crore in fiscal 2025, according to a latest report by Crisil Ratings. According to the credit rating agency, the growth will primarily be driven by the acquisition of assets by mature trusts. The…