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China’s Pacific Construction Group inks $5.5-bn MoU with Gujarat govt

Chinese infrastructure and construction major, Pacific Construction Group (CPCG), has signed a memorandum of understanding (MoU) with the Gujarat Government's iNDEXTb to invest $ 5.5 billion (approx Rs. 37,000 crore) for developing infrastructure facilities in the State. The MoU was signed by Pacific Construction Group Chairman Yan Hao and iNDEXTb Managing Director Rajkumar Beniwal in [...]

By | December 30th, 2016|News|0 Comments

Airbus eyes Gujarat for helicopter plant

HIGHLIGHTS France-based Airbus group has shown interest in establishing a manufacturing facility in Gujarat at an estimated cost of Rs 2,800 crore. Airbus intends to make its own investment of almost Rs 700 crores and around Rs 2,100 crore is expected to be pumped in by the company's suppliers and vendors. AHMEDABAD: In what could [...]

By | December 25th, 2016|News|Comments Off on Airbus eyes Gujarat for helicopter plant

India Geospatial Excellence awards presented at Expo Mart in Greater Noida

GREATER NOIDA: Geospatial Conference 2016 being held in Greater Noida conferred awards on some big names from the Geospatial Industry under various categories. The awards and recognitions were given for exemplary innovations and practices in the Indian geospatial industry. Gen V.K. Singh, Minister of State (Independent Charge) for Development of North Eastern Region presented the [...]

By | December 16th, 2016|News|0 Comments

Delhi-Mumbai Industrial Corridor Devp Corp finalises policy, set to release 10,050 acres to investors

The Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) has finalised a policy to allot land developed by it at four sites along the proposed 1,504-km corridor, which will enable industries to acquire the land for the first time to set up units. DMICDC CEO Alkesh Kumar Sharma told FE that as much as 10,050 acres of [...]

By | December 15th, 2016|News|0 Comments

L&T gets Rs. 1734 Cr EPC contract for Dholera smart city

Larsen & Toubro (L&T) has been awarded the INR 1,734-crore EPC contract to work on the construction of the Dholera smart city, reports a business daily. With this, the port city of Dholera in Gujarat has been touted as India’s largest greenfield smart city, which comes under the Delhi-Mumbai Industrial Corridor (DMIC). A SPV has [...]

By | December 15th, 2016|News|0 Comments