JK Lakshmi Cement Plans Rs 110 Billion Assam Project

12 Mar 2025 CW Team

JK Lakshmi Cement (JKLC) has signed a Memorandum of Understanding (MoU) with the Government of Assam at the Advantage Assam 2.0 Investment and Infrastructure Summit to develop a Rs 110 billion Greenfield cement production project. The agreement was formalised by Arun Shukla, president & director of JKLC, in the presence of Assam Chief Minister Himanta Biswa Sarma.

The project, set to be developed over the next 7-8 years, will focus on cement production and value-added products, aligning with the government鈥檚 vision to position the Northeast as an industrial and infrastructure hub. This investment is expected to create thousands of direct and indirect jobs and drive socio-economic development in the region.

JK Lakshmi Cement鈥檚 initiative emphasises sustainable industrial growth, integrating environmentally responsible practices while supporting India鈥檚 broader goals of self-reliance and inclusive progress. The company aims to achieve a production capacity of 30 million tonnes by 2030 through such strategic expansions.

(construction week)

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..