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Ramky Infra begins tollway road project
ROADS & HIGHWAYS

Ramky Infra begins tollway road project

With effect from March 11, 2014, Ramky Infrastructure has began commercial operations at the four-lane Narketpally-Addanki-Medarametla Road (State Highway-2) in Andhra Pradesh. The tollway road project was awarded to the JV of Ramky Infrastructure and IL and FS Transportation Networks in the ratio of 50:50 by the Andhra Pradesh Road Development Corporation. The project is based on toll collection with a concession period of 24 years including two and half years of construction period.

With effect from March 11, 2014, Ramky Infrastructure has began commercial operations at the four-lane Narketpally-Addanki-Medarametla Road (State Highway-2) in Andhra Pradesh. The tollway road project was awarded to the JV of Ramky Infrastructure and IL and FS Transportation Networks in the ratio of 50:50 by the Andhra Pradesh Road Development Corporation. The project is based on toll collection with a concession period of 24 years including two and half years of construction period.

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Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

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Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

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Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

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