44 Smart City projects inaugurated by PM Modi in Shivamogga

01 Mar 2023 CW Team

The Prime Minister addressed the crowd and then bowed in tribute to the homeland of national poet Kuvempu, whose commitment to Ek Bharat Shreshtha Bharat has endured to this day. The Prime Minister claimed that the requirements of the citizens had finally been met post the opening of Shivamogga airport. The Prime Minister praised the airport's exquisite design and construction, emphasising how Karnataka's customs and modern technology were combined to create a masterpiece. He said that the campaign is more than simply an airport since it allows the aspirations of the future generations to fly.

He also mentioned various 鈥楬ar Ghar Nal Se Jal鈥� projects, road and rail projects, and other projects whose foundation stone were laid, and congratulated the people of these districts. The Prime Minister claimed that improvements to roads, airports, and iways (digital connectivity) have set the ground for progress. According to the Prime Minister, Karnataka's two-engine government is driving the state's chariot of progress. The Prime Minister also emphasised how, under the double-engine government, growth in Karnataka has expanded to include villages and tier 2-3 cities as opposed to the big city-centric development of the past. 鈥淭he development of Shivamogga is the result of this thinking process鈥�, he claimed.

On his recent visit, Prime Minister Narendra Modi laid the foundation stone and officially opened a number of development projects costing more than Rs 36 billion in Shivamogga, Karnataka, including inauguration of the Shivamogga Airport. The new railway line between Shivamogga, Shikaripura, and Ranebennur as well as the Koteganguru Railway coaching depot were also inaugurated by the Prime Minister. He also laid foundation stone for a number of road development projects that is worth Rs 2.15 billion. Apart from these, he also laid the foundation stone for multi-village schemes under Jal Jeevan Mission which totals to more than Rs 9.5 billion. In a huge development push, he also inaugurated 44 Smart City Projects worth Rs 8.95 billion in Shivamogga. The Prime Minister addressed the crowd and then bowed in tribute to the homeland of national poet Kuvempu, whose commitment to Ek Bharat Shreshtha Bharat has endured to this day. The Prime Minister claimed that the requirements of the citizens had finally been met post the opening of Shivamogga airport. The Prime Minister praised the airport's exquisite design and construction, emphasising how Karnataka's customs and modern technology were combined to create a masterpiece. He said that the campaign is more than simply an airport since it allows the aspirations of the future generations to fly. He also mentioned various 鈥楬ar Ghar Nal Se Jal鈥� projects, road and rail projects, and other projects whose foundation stone were laid, and congratulated the people of these districts. The Prime Minister claimed that improvements to roads, airports, and iways (digital connectivity) have set the ground for progress. According to the Prime Minister, Karnataka's two-engine government is driving the state's chariot of progress. The Prime Minister also emphasised how, under the double-engine government, growth in Karnataka has expanded to include villages and tier 2-3 cities as opposed to the big city-centric development of the past. 鈥淭he development of Shivamogga is the result of this thinking process鈥�, he claimed.

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..