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Infrastructure Development

9 articles
Infrastructure development across India is accelerating, driven by both public and private sector initiatives. Companies like EPACK Prefab reported a substantial 34.5% revenue increase in FY26, while Ajax Engineering demonstrated improved Q4 margins through operational efficiencies. JSW Infrastructure expanded its presence by commencing operations at Kolkata Port, and Welspun Enterprises established a subsidiary to execute a significant highway project. These developments, alongside government programs like the Jal Jeevan Mission 2.0 and the Ministry of Heavy Industries' support for EV charging infrastructure, signal a robust pipeline of projects and increased investment in the sector, positioning it for continued growth and contributing to India's broader economic expansion.
Sanghvi Movers FY26 Revenue Hits Record ₹1,100 Cr
Sanghvi Movers reported record FY26 revenue of ₹1,100 crore, representing 36.9% YoY growth, with EBITDA growing 15.6%. The company is executing its ELEVATE 2030 strategy with international expansion i
HSIIDC SLP Petitions Deferred by Supreme Court
Supreme Court heard multiple SLP petitions (Nos. 4744‑4767/2026) filed by Attar Singh against HSIIDC and others. The matters stem from High Court judgments dated 14‑Oct‑2021 and 25‑Nov‑2021 concerning
RITES Q4 Revenue Up 27.7% YoY, Dividend ₹2.75/Share
RITES reported Q4 FY26 revenue growth of 27.7% YoY with EBITDA of ₹172 crore at 22.4% margin. Company achieved highest ever order book of ₹9,416 crore, adding ₹958 crore in new orders during Q4. Board
Desco Infratech Emerges L1 Bidder for Gujarat Gas Project
Desco Infratech Ltd announced it emerged as L1 bidder for Gujarat Gas Ltd's PE pipeline laying and PNG connections tender in Surat and Hazira. The project scope includes PE pipeline laying, developmen
Ajax Engineering FY26 Revenue ₹2,103 Crore, Q4 Margins Improve
Ajax Engineering reported FY26 revenue of ₹2,103 crore, up 1% YoY, in a challenging operating environment. Q4 FY26 EBITDA grew 4% YoY to ₹115 crore with margin improving 40 bps to 15.1% on operational
Amit Shah Inaugurates Bastar Service Center Post-Naxalism
Union Home Minister Amit Shah inaugurated the Shaheed Veer Gundadhur Seva Dera Jan Suvidha Kendra in Bastar, Chhattisgarh. The government plans to convert 70 security camps into service centers within
EPACK Prefab FY26 Revenue Up 34.5% to ₹15.25bn
EPACK Prefab disclosed its FY26 results via an investor presentation, reporting revenue growth of 34.5% YoY to ₹15.25 billion. The company achieved a PAT of ₹926 million, up 56.2% YoY, and generated f
Jal Jeevan Mission 2.0 Progress Review with Districts
Jal Jeevan Mission extended to December 2028 with 81% rural household tap water coverage achieved. District Collectors' Peyjal Samvad featured six districts presenting cost-effective water supply inno
Google Breaks Ground on Vizag AI Hub
Google commenced construction on its $15 billion India AI hub in Visakhapatnam, developed in partnership with AdaniConneX and Nxtra by Airtel. The gigawatt-scale AI ecosystem includes three data cente