Gujarat-based Steelcast Ltd., one of the leading steel castings manufacturers is raising its plant capacity by 8,000 tonnes by October to take total capacity to 30,000 tonnes at its current location at Bhavnagar.
JSW Steel, the flagship company of $11 billion Indian conglomerate JSW Group, announced its plan to set up a second steel processing center in Pune with its JV partner Marubeni Itochu Steel Inc. Tokyo, (MISI).
The industry body Assocham recently urged the government to increase iron ore supply for domestic steel industry which is currently running at an all time low utilisation level in the country as such a move would bring down steel imports worth a whopping six billion dollars, promote steel exports and curb the ever-rising current account deficit (CAD).
The government on Tuesday approved a road project in Gujarat, entailing Rs. 1,756 crore expenditure, under its flagship Gujarat under its flagship road building programme NHDP.
Road sector has been a significant driver of infrastructure development in the country and PPP has evolved as the preferred mode of implementing road projects. In recent times, however, road sector has been affected by a downturn.
“The ‘Land Acquisition Bill’ passed by the parliament followed by 25 basis point hike in Repo Rate by Reserve Bank of India will lead to 20-25 per cent increase in the property prices,” says Sunil Mantri, Vice President of National Real Estate Development Council (NAREDCO).
Green Tree Homes & Ventures Pvt. Ltd., one of the leading real estate developers in the state, announced a strategic alliance with COWI India, an ISO 9001: 2008 certificated company providing engineering services in the fields of roads & airports, railways, tunnels & bridges, marine engineering and buildings.
Century 21 Real Estate LLC, the franchisor of the world’s largest residential real estate sales organization, announced its expansion in India with the signing of a master franchise agreement to open Century 21 franchises in India.
