Infrastructure

Avaada Group has invested Rs 40,000 crore in 6,000 MW hybrid wind-solar projects in Gujarat, a historic initiative. At the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Gujarat Chief Minister Bhupendrabhai Patel signed the historic agreement.

Narendra Modi opened the Mumbai Trans Harbour Link (MTHL), also known as Atal Bihari Vajpayee Sewri Nhava Sheva Atal Setu, for public commuters. This massive six-lane sea bridge, 21.8 km long and 16.5 km across the sea, shows India's infrastructure.

Singapore-based CapitaLand Investment Ltd. signed three significant MoUs with Tamil Nadu on January 9. The state would get around Rs 4,500 crore from this ambitious endeavour over five years.

Kavaratti, Lakshadweep, Prime Minister Narendra Modi unveiled and lay the foundation stone for around INR 1,150 crore developments. This enormous project encompasses technology, energy, water resources, healthcare, and education to improve the region's infrastructure and quality of life.

Prime Minister Narendra Modi inaugurated and started over Rs 20,000 crore in development projects in Tiruchirappalli to boost Tamil Nadu's economy. On January 2, 2024, these projects included rail, road, oil and gas, and shipping, signifying a major infrastructure investment in the state.

The Mumbai Trans Harbour Link (MTHL) will change Mumbai's transport dynamics. On January 12, 2024, India's longest sea bridge will cut travel time from two hours to 20 minutes. This 21.8 mile engineering wonder would connect Sewri in Mumbai to Chirle in Navi Mumbai, serving 70,000 trucks daily.

In an exciting development for Nashik residents, the National Highway Development Authority (NHDA) has announced a substantial investment to transform the travel experience between Mumbai and Nashik.

Afcons Infrastructure, the Ahmedabad Metro Phase 2 construction contractor, completed the Sabarmati River Bridge near Gandhinagar. At 962 metres, this Phase 2 Package C1 bridge connects the Gujarat National Law University (GNLU) to GIFT City.

Infracon, in partnership with Delhi Metro Rail Corporation, is the leading bidder for the Thane Depot, a significant component of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project. As the lowest bidder, the joint venture will do several responsibilities.

The Raigad district government has ordered the e-rickshaw demonstration project to resume immediately. Matheran residents and activists want hand-pulled rickshaw workers retrained as e-rickshaw drivers.

On December 11, 2023, Bengaluru residents might take an electric train to Nandi Hills, a popular weekend destination 60 kilometres away.

Mumbai Infrastructure Update Guide 2024

The state cabinet adopted Arunachal Pradesh's logistics strategy, assuring PM Gati Shakti compliance. The goal of this strategy is to optimise state integrated development by 2047.

By 2027, the Indian construction market is anticipated to have grown at a CAGR of 17.26%, from 2022 to 2027, and reach $1.42 trillion.

Bhumika Group, a major New Delhi retail real estate developer, received the Letter of Acceptance (LOA) for the NHPC Metro station project from the Delhi Metro Rail Corporation (DMRC) to enter the metro mall sector.