Infrastructure Projects

Lucknow, the capital of Uttar Pradesh, is getting ambitious and it's grabbing a lot of attention. The powers that be in Lucknow have already announced ambitions of wanting to create a state capital region with Lucknow at it’s centre - just like Delhi is for the National Capital Region or NCR. This will be accomplished by connecting the dots on expressways and rapid rail transportations. Add to this the comprehensive mobility plan for the Lucknow metro and the fact that there's been a massive upgrade of Lucknow's Chaudhary Charan Singh International Airport. There are already some big names in healthcare, education and retail that have set up shop in the city, and it looks like Lucknow is set for a much stronger economic play. Can it really become India's next tech and services hub? On this episode of Let's Get REal, Manisha Natarajan speaks with a special guest who has had a front-row seat to Lucknow's transformation. Durga Shanker Mishra is the former Chief Secretary of Uttar Pradesh and former Union Housing and Urban Affairs Secretary. Also on the show - a hard real estate perspective from Vaibhav Singh, CEO New Business, Eldeco Group , a developer that has placed big bets on Lucknow. Tune in to the full show!

Cabinet approved 12 new Industrial Smart Cities under National Industrial Corridor Development Programme. The government will invest ₹28,602 crore for this project and about 10 lakh direct jobs and 30 lakh indirect employment potential will be created. ‘Today, manufacturing activities from all over the world are shifting to India. Be it electronics manufacturing, mobile manufacturing or defence manufacturing, all these are shifting to India. These corridors and these industrial area projects will accelerate that shift,’ Union Minister Ashwini Vaishnaw said. Watch!

Prime Minister Modi has thrown open the 19 kilometre stretch of the Dwarka Expressway which falls in Gurugram, which comes as a relief for Delhi Gurugram commuters who spend hours in traffic due to congestion on NH48. This expressway basically comes as an alternate route, which will help ease congestion on the national highway, and is expected to cut travel time by at least 20 minutes for the 90,000 commuters who use the route everyday. Here's a full route map, and all the best features of this infra project. WATCH!

India's first underwater metro route has officially opened, marking a big milestone in India's infrastructure development journey. This is part of the Howrah Maidan-Esplanade section of Kolkata's East-West corridor. This was critical for improved accessibility of commuters in Kolkata and caters strategically to busy areas in the city. The project will address transportation needs, and help ease traffic congestion in the city. Here's how

As much as 4,628 km of roads have been constructed in the seven months of the current financial year, as compared to over 5,100 km during the same period a year agoThe government has been taking steps to boost road construction with the aim of it having a multiplier effect on the economy

The proposal, which includes starting 1,000 new routes connecting smaller towns, was discussed at a meeting last week to review infrastructure needed by 2025Govt’s plans to expedite airport development still trails that of China’s, which has set a goal of having 450 commercial airports by 2035

Connectivity, both physical and digital, which has a multiplier effect on the economy, will be a key development goal for the Modi administration in its second termNew ways of financing infrastructure projects by both government and private sector have to be explored, say experts

The steel industry remains bullish on its outlook and steel consumption during the current fiscal would grow in the range of 6-7%, says Partha Sengupta of JSW SteelThe opportunity in India for steel has tremendous potential as we become more and more urbanised, says Abraham Stephanos of Tata Steel

Total original cost of implementation of the 1424 projects was ₹18,17,469.76 croreThe ministry monitors infrastructure projects worth ₹150 crore and above

Prime Minister Narendra Modi will launch several development projects and lay the foundation stone for a ₹1,811.33-crore housing project under the PM's housing scheme