亚博体育官网首页

Madhya Pradesh proposes development of greenfield smart cities
SMART CITIES

Madhya Pradesh proposes development of greenfield smart cities

Madhya Pradesh government has sent a proposal to the centre regarding the selection of Pithampur Sector-7 and Jabalpur textile and logistic cluster, under Greenfield Smart City project.

The state government is optimistic about the selection of at least one of the two proposed places and to get a Rs 10 billion grant for the project. Approximately 50 hectare of land, mostly owned by the government, is available at both locations. The area, along with other ideal conditions, meets the necessary criteria for the development of a Greenfield Smart City.

The urban administration commissioner of Madhya Pradesh, Bharat Yadav, stated that they were willing to present the potential of the areas, in terms of investments and economic growth, to the central government.

This would offer an idea of the current development status and the proposed work needed for industrial townships, environmental protection, employment, economic growth and other aspects of the living index.

Pithampur is an industrial area situated in the heart of Madhya Pradesh. It is located in the Dhar district of the state and is part of the Indore Metropolitan Region. It is known for its rich industrial significance and is home to a wide variety of industries arranged through different sectors.

In 2021, the central government proposed the development of eight greenfield smart cities and allocated a funding grant of Rs 80 billion for the respective states. The grant allocated for each city is limited to Rs 10 billion, which will be used to incubate the cities as pilot projects.

Also Read
JSW Steel sees exports at more than 10% of 2022-23 sales
Mahanadi Coalfields expects 13 per cent increase in production

Madhya Pradesh government has sent a proposal to the centre regarding the selection of Pithampur Sector-7 and Jabalpur textile and logistic cluster, under Greenfield Smart City project. The state government is optimistic about the selection of at least one of the two proposed places and to get a Rs 10 billion grant for the project. Approximately 50 hectare of land, mostly owned by the government, is available at both locations. The area, along with other ideal conditions, meets the necessary criteria for the development of a Greenfield Smart City. The urban administration commissioner of Madhya Pradesh, Bharat Yadav, stated that they were willing to present the potential of the areas, in terms of investments and economic growth, to the central government. This would offer an idea of the current development status and the proposed work needed for industrial townships, environmental protection, employment, economic growth and other aspects of the living index. Pithampur is an industrial area situated in the heart of Madhya Pradesh. It is located in the Dhar district of the state and is part of the Indore Metropolitan Region. It is known for its rich industrial significance and is home to a wide variety of industries arranged through different sectors. In 2021, the central government proposed the development of eight greenfield smart cities and allocated a funding grant of Rs 80 billion for the respective states. The grant allocated for each city is limited to Rs 10 billion, which will be used to incubate the cities as pilot projects. Also Read JSW Steel sees exports at more than 10% of 2022-23 sales Mahanadi Coalfields expects 13 per cent increase in production

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Urban

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..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement