Infrastructure-Economy-News-The Economic Times - Seite 2 
Data centres draw 40% of institutional capital in the June quarter
Data centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud expansion fuel investor interest in digital infrastructure assets. India's data centre capacity is projected to more than double by 2025. The current investment pipeline for data centres stands at approximately ninety billion dollars.
The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship missions. The ministry was split into two specialized departments, focusing on capital development and urban development. This administrative revamp aims to streamline service delivery and accelerate infrastructure projects. Personnel shifts occurred rapidly after the government's decision to divide the ministry.
Government aims to complete Mumbai's Coastal Road project by Dec 2028: Union Minister Piyush Goyal
The Bandra-Versova-Bhayander Coastal Road project aims for completion by December 2028. This infrastructure development will significantly reduce travel times across Mumbai's western suburbs. Additional projects, including a desalination plant, are also under review for future implementation.
On Edge: The Great Nicobar project faces a great engineering question
India plans a major infrastructure project on Great Nicobar Island. This development aims to boost maritime trade and reduce foreign port reliance. However, the island's location in Seismic Zone V presents considerable geological risks. Engineers are developing innovative solutions to address seismic activity and land subsidence. The project's success hinges on adapting infrastructure to the island's volatile geology.
Centre clears Ballari-Guntakal multi-tracking project to boost Karnataka-Andhra rail capacity
Infrastructure projects see cost overrun of Rs 4.92 lakh cr: MoSPI
Infrastructure projects worth over Rs 150 crore each registered substantial cost overruns. A total of 1,847 projects monitored showed revised costs exceeding original estimates. Significant progress is noted with many projects nearing completion and advanced stages. The Transport and Logistics sector leads in ongoing projects and revised costs. Energy and communication infrastructure also see considerable investment and development.
India begins to China-proof its infra push after the TBM shock
India is accelerating efforts to localise mining and construction equipment manufacturing after Chinese export delays disrupted supplies of tunnel boring machines (TBMs) for key infrastructure projects. A proposed incentive scheme aims to reduce import dependence, strengthen supply chains, boost domestic manufacturing, expand exports and support India's ambitious infrastructure, mining and critical minerals development over the coming decades.
JSW Infrastructure eyes 127 MT cargo in FY27 even as Fujairah terminal disruption continues
JSW Infrastructure anticipates handling 127 million tonnes of cargo this fiscal year. Operations at its Fujairah liquid terminal are gradually returning to normal. Eight storage tanks will be operational by late July or early August. The company is also proceeding with significant domestic expansion plans. Profit for the June quarter saw a slight decrease compared to last year.
Cabinet clears ₹62,500 cr MPMS scheme: 'Focus now on components, design, research'
Seven poll-bound states including UP, Gujarat, Punjab on road to get 25% of NHs
Nearly a quarter of national highways will be built in seven states facing elections. These states will also receive almost twenty percent of total projects awarded this year. Highway projects signal development pace and priority approvals are expected soon. The ministry has set targets for awarding and constructing national highways this fiscal year. This focus aims to boost infrastructure development and influence state election outcomes.
From Daman’s first flight to ?28,840-cr UDAN push: India’s regional air connectivity takes off
Kumaon-Garhwal rail link strengthened as Ramnagar-Dehradun Express begins bi-weekly service
No Smoke, Only Water Vapour: PM Modi flags off India’s first hydrogen train
PM Modi to inaugurate Jalandhar Cantt Railway Station during Punjab visit on July 17
Cabinet approves ?24,000-crore highway projects in Varanasi to ease congestion
The Union Cabinet approved highway projects exceeding ₹24,000 crore for Varanasi. These projects aim to significantly ease traffic congestion within the temple town. Two railway multi-tracking projects in Odisha and Jharkhand were also cleared. The highway package includes link corridors connecting NH-19 and NH-31 to the Varanasi Ring Road.