ETInfra

In a bold move, China has revealed intentions to cut back on crude steel production this year. Yet, a cloud of skepticism hangs over traders and steelmakers regarding the actual implementation of these plans. Read more at: https://infra.economictimes.indiatimes.com/news/construction/steel-sector-skeptical-of-chinas-commitment-to-production-cuts/121460292?wappchnl&utm_source=wappchnl

The fund is being utilised to upgrade power, roads, plug-and-play infrastructure, warehousing facilities, and other related facilities. Read more at: https://infra.economictimes.indiatimes.com/news/urban-infrastructure/asian-development-bank-loans-854-million-for-tripuras-industrial-infrastructure-development/121568672?wappchnl&utm_source=wappchnl

PM's high-profile two-day visit to Gujarat saw the inauguration and foundation-laying of massive infrastructure, energy, and urban development projects across Dahod, Bhuj, and Gandhinagar. Read more at: https://infra.economictimes.indiatimes.com/news/urban-infrastructure/pm-modis-gujarat-visit-a-power-packed-push-for-viksit-bharat-and-urban-development/121433789?wappchnl&utm_source=wappchnl

By integrating real-time monitoring and intervention tools at the driver level, the company is seeking to embed a more structured and preventative approach to safety and service delivery across its operations. Read more at: https://infra.economictimes.indiatimes.com/news/urban-transportation/cityflo-launches-revolutionary-ai-driver-safety-system-to-enhance-urban-mobility/121413422?wappchnl&utm_source=wappchnl

Adani Group will invest Rs 30,000 crore in Kerala in the next five years, a top executive said on Friday. The diversified group that is developing the Vizhinjam port and operating the airport at Thiruvananthapuram, will be developing a logistics and e-commerce hub as well as expanding its cement manufacturing capacity in the state. Read more at: https://infra.economictimes.indiatimes.com/news/urban-infrastructure/adani-group-to-invest-rs-30000-cr-in-kerala-in-next-5-years/118444265

“We are looking at shipbuilding big time,” said Shashank Jha, CEO of Artson, an independently listed subsidiary of the Tata Group Read more at: https://infra.economictimes.indiatimes.com/news/ports-shipping/tata-group-fine-tuning-shipbuilding-plans-as-pm-modi-makes-industry-fighting-fit/118392884?wappchnl&utm_source=wappchn

Good morning 🌞 Here are some daily updates from the infrastructure sector. -Tata Group fine-tunes shipbuilding plans -MHA okays Rs 1.5k cr for disaster fund -HAL-DIAT partner for aerospace research -150 years of Indian Railways: From steam powered trains to Vande Bharat Read more👇 https://shorturl.at/vph2C #Newsletter #ETInfra

In a Rs 5000-crore expansion plan of MDL, the Dutch engineering company Royal HaskoningDHV will provide comprehensive design and project management services for the construction of two new shipbuilding and repair yards Read more at: https://infra.economictimes.indiatimes.com/news/ports-shipping/mazagon-dock-taps-royal-haskoningdhv-for-new-shipbuilding-and-repair-yards/118454652?wappchnl&utm_source=wappchn

Madhya Pradesh Chief Minister Mohan Yadav announced the state's new civil aviation policy, which includes building helipads every 45 km and airports every 150 km, along with grants for new domestic and international flights. Read more at: https://infra.economictimes.indiatimes.com/news/aviation/pucca-helipad-to-be-developed-every-45-km-airport-every-150-km-in-madhya-pradesh-cm-yadav/118382263?wappchnl&utm_source=wappchn

Concentrating only on shipping business is too risky: MOL CEO Hashimoto Hashimoto spells out the reasons why MOL, the Japanese transport giant, is transforming into a social infrastructure company. Read more: https://infra.economictimes.indiatimes.com/news/ports-shipping/concentrating-only-on-shipping-business-is-too-risky-mol-ceo-hashimoto/118348806