Top Indian Infrastructure Industry News & Updates - 24 March 2026,Tuesday

🏢 Industry & SEZ

AP focusing on speedy grounding of 760 industrial investment projects: Nara Lokesh
 
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🏗 Construction

Larsen & Toubro falls 22% since West Asia war; here's what analyst suggests
 
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🏘 Real Estate

Shapoorji Pallonji Real Estate launches a new project at Santacruz East, Mumbai

Mumbai: Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, today announced the launch of Nine Arcs, a premium residential development in Santacruz East, Mumbai. Conceptualised as a design-first address, Nine Arcs is a 14-storey residential tower that introduces a distinctive architectural language inspired by European neo-classical principles, reinterpreted for contemporary urban living. The design draws from classical elements such as symmetry, proportion, and visual rhythm, expressed through a modern lens to create a timeless and elegant façade.
Bihar's real estate renaissance: How transparency and professional consultancy are reshaping the market
 
📝  Rising crude prices spark cost concerns for real estate sector
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🚙 Roads & Highways

📝  Chhattisgarh HC directs govt and NHAI to ensure road projects finish on time
📝  BOT snub: Rs 22,000 crore highway projects fail to attract bids
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🚃 Railways

RITES bags ₹105.69 crore railway maintenance contract from RDSO
RITES Limited has secured a comprehensive maintenance contract worth ₹105.69 crore (excluding GST) from Research Designs and Standards Organisation (RDSO), Lucknow, the company disclosed to stock exchanges on Saturday under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
AI surveillance and QR-code entry: Ashwini Vaishnaw oversees tech-driven security overhaul at New Delhi Railway Station
Union Minister Ashwini Vaishnaw has announced a major technological transformation for Indian Railways, starting with a comprehensive pilot program at New Delhi Railway Station. During a high-level review at Rail Bhawan, the Minister outlined new AI-powered surveillance systems, digital access control, and advanced crowd management protocols.  These tech-driven reforms, which include QR-code-based entry and enhanced mobility solutions, are designed to modernize passenger security and amenities before being scaled across India’s national rail network.
Rajasthan likely to get new Vande Bharat train on Jaipur–Sikar–Bikaner route
In order to enhance connectivity, a proposal to introduce a New Vande Bharat Train between Jaipur and Bikaner through Sikar has been raised. The demand was presented in the Rajya Sabha by the Member of Parliament Ghanshyam Tiwari, highlighting the need for improved rail connectivity in Rajasthan. 
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