DPIIT Reviews Key Infrastructure Projects to Accelerate Development
22 Feb 2025
2 Min Read
CW Team
Shri Amardeep Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), chaired a high-level meeting to assess and resolve critical issues affecting mega infrastructure projects in Arunachal Pradesh, Sikkim, Delhi, and Jharkhand. Attended by senior officials from central ministries, state governments, and project proponents, the meeting aimed to fast-track issue resolution through enhanced inter-ministerial and state coordination, facilitated by the Project Monitoring Group (PMG).
A total of 21 issues across 17 significant projects were reviewed, including nine projects under the Ministry of Road Transport and Highways. The combined investment in these projects exceeds Rs 135.01 billion. A key focus of the meeting was the Varanasi-Ranchi-Kolkata Expressway project, valued at Rs 96.23 billion, which faced seven unresolved issues across six project packages. As a major component of the Bharatmala Yojana, the expressway is set to enhance regional connectivity across Uttar Pradesh, Bihar, Jharkhand, and West Bengal. Once completed, it is expected to significantly boost trade and freight movement, benefiting industries reliant on the Kolkata and Haldia ports for maritime commerce.
The meeting also underscored the government's initiative to establish new National Institutes of Technology (NITs) in strategic locations. This ambitious plan aims to bridge regional disparities in technical education while meeting the increasing demand for skilled engineers and technical professionals. Beyond strengthening the academic landscape, these institutions will play a pivotal role in driving regional economic growth by fostering innovation, research, and industry collaboration.
Reaffirming DPIIT鈥檚 commitment to strengthening institutional frameworks for project monitoring, Shri Bhatia directed authorities to adopt a proactive approach in addressing pending challenges. He emphasised the importance of private sector participation in leveraging the specialised mechanisms offered by the Project Monitoring Group (PMG) to accelerate project implementation. By ensuring seamless coordination among the Central Government, State Authorities, and private stakeholders, the initiative seeks to drive efficient and timely execution of critical infrastructure projects, fostering economic development across multiple regions.
Shri Amardeep Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), chaired a high-level meeting to assess and resolve critical issues affecting mega infrastructure projects in Arunachal Pradesh, Sikkim, Delhi, and Jharkhand. Attended by senior officials from central ministries, state governments, and project proponents, the meeting aimed to fast-track issue resolution through enhanced inter-ministerial and state coordination, facilitated by the Project Monitoring Group (PMG).
A total of 21 issues across 17 significant projects were reviewed, including nine projects under the Ministry of Road Transport and Highways. The combined investment in these projects exceeds Rs 135.01 billion. A key focus of the meeting was the Varanasi-Ranchi-Kolkata Expressway project, valued at Rs 96.23 billion, which faced seven unresolved issues across six project packages. As a major component of the Bharatmala Yojana, the expressway is set to enhance regional connectivity across Uttar Pradesh, Bihar, Jharkhand, and West Bengal. Once completed, it is expected to significantly boost trade and freight movement, benefiting industries reliant on the Kolkata and Haldia ports for maritime commerce.
The meeting also underscored the government's initiative to establish new National Institutes of Technology (NITs) in strategic locations. This ambitious plan aims to bridge regional disparities in technical education while meeting the increasing demand for skilled engineers and technical professionals. Beyond strengthening the academic landscape, these institutions will play a pivotal role in driving regional economic growth by fostering innovation, research, and industry collaboration.
Reaffirming DPIIT鈥檚 commitment to strengthening institutional frameworks for project monitoring, Shri Bhatia directed authorities to adopt a proactive approach in addressing pending challenges. He emphasised the importance of private sector participation in leveraging the specialised mechanisms offered by the Project Monitoring Group (PMG) to accelerate project implementation. By ensuring seamless coordination among the Central Government, State Authorities, and private stakeholders, the initiative seeks to drive efficient and timely execution of critical infrastructure projects, fostering economic development across multiple regions.
Next Story
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..
Next Story
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..
Next Story
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..