Top Indian Infrastructure Industry News & Updates - 28 May 2025,Wednesday
🏢 Industry & SEZ
Govt reinstate duty remission scheme for SEZs
New Delhi: The Government has restored of benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exports made by Advance Authorization (AA) holders, Export-Oriented Units (EOUs), and units operating in Special Economic Zones (SEZs).
📝 Ultra rich betting on unreal estate to preserve wealth
📝 Sumadhura Group forays into managed office spaces, aims to lease 1 million sq. ft of space over the next three years
📝 State govts work to sustain Smart City SPVs after mission's conclusion
📝 PM Modi in Gujarat: A two-day power push for development, urban vision and Viksit Bharat
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🏗 Construction
📝 JSW One Platforms sells construction materials worth Rs 12,567 cr in FY25
📝 NBCC’s Kidwai Nagar project caught in GST crossfire between ministries
📝 Contineu secures $1.2 million seed funding to boost AI-driven construction
📝 KEC International reports 76% growth in net profit for Q4 FY25
📝 L&T and Afcons ride west Asia’s $235 billion infra wave
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🏘 Real Estate
📝 Prime Offices Fund acquires 3,00,000 sq ft commercial property in Delhi for Rs 760 Crore
📝 Shriram Properties Q4 Results: Net profit jumps over 2-fold to Rs 48 cr
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🛍 Cement
📝 JK Lakshmi Cement Q4 profit up 19% to ₹193 cr
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🚙 Roads & Highways
Road contractors who bid too low will have to pay more: Experts weigh in
Road and transport ministry‘s decision to scrap the 3% cap on additional performance security (APS) for road construction projects may impact aggressive bidders and put them under financial pressure, experts suggest.
Government fast-tracks highway crash audit amid grim road toll
📝 Road ministry eyes revolutionising highway travel with proposed ₹3,000 annual FasTag pass
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🚃 Railways
BEML to start bullet train work this September
State-owned BEML will begin manufacturing India’s first bullet train prototype in September this year at its existing facility in Bengaluru, which also produces Vande Bharat sleeper trainsets. The first bullet trainset is slated for speed testing by December next year, BEML chairman and managing director Shantanu Roy told FE. BEML has been awarded the contract for the design, manufacturing, and commissioning of two high-speed trainsets.
RVNL revenue declines due to reduced funding, eyes diversification into solar, nuclear power
📝 NITI Aayog maps freight shift to boost container cargo by rail
📝 NITI Aayog invites expression of interest for a study on augmenting rail container freight movement to hinterland
📝 TKIL Industries, HOPPECKE tie up for rail battery systems in Indian market
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