Construction Business Today

FedEx is set to invest around $150 million in a new fully automated integrated air cargo hub at GMR Cargo City, Indira Gandhi International Airport, Delhi, as part of its strategy to expand cargo capacity and strengthen connectivity across North and East India.

State-owned power major NTPC is planning investments of around Rs 16.86 lakh crore as it accelerates expansion across thermal power, renewable energy, hydropower, energy storage, mining and nuclear energy.

The move is aimed at expanding the range of solutions available to customers across road construction, maintenance and wider infrastructure development applications.

The National Shipping Board (NSB) has outlined a five-point roadmap to strengthen India’s merchant shipping capabilities and reduce the country’s dependence on foreign shipping lines, with a target of adding 100 vessels to the Indian fleet over the next five years.

Tamil Nadu has expanded its public transport fleet with the launch of 250 new government buses in Chennai, aimed at improving connectivity, service availability and passenger comfort across the state.