Scindia Seeks Over Rs 2.5 Billion for MP District Projects

06 May 2025 CW Team

In a renewed push for regional development, Union Minister Jyotiraditya Scindia met with Union Minister Manohar Lal Khattar at Shram Shakti Bhawan in New Delhi on Saturday, seeking approval for development projects worth over Rs 2.5 billion across four districts in Madhya Pradesh 鈥� Gwalior, Guna, Shivpuri, and Ashoknagar.

The proposals include Rs 600 million for resolving Gwalior's persistent waterlogging issues through a new drainage and sewer line system. For Shivpuri, Scindia emphasized pending works under the AMRUT-2 scheme and proposed the construction of AMRUT Park, renovation of Bhujariya Talab, and conservation of Jadhav Sagar, along with upgraded sanitation facilities.

In Guna, development plans worth Rs 800 million include a 5-hectare Oxygen Park, a modern bus terminal, and the transformation of Madhavrao Scindia Road into a themed corridor. For Ashoknagar, Scindia highlighted the beautification of Tulsi Sarovar and the development of the Guna Tiraaha鈥揟ridev Mandir stretch into a themed road.

Scindia also invited Minister Khattar to the upcoming North East Rising Investor Summit 2025, set for May, aiming to boost investment in alignment with Prime Minister Narendra Modi鈥檚 vision for a developed Northeast.

Technology

14 May 2025

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

Real Estate

14 May 2025

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

Equipment

14 May 2025

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..