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News Of The Week | RealtyNXT
This Week Brought Major Developments Across Real Estate, Infrastructure, Industry, Healthcare And Technology. Here’s A Quick Round-Up:
1️⃣ Tata Steel Seeks More UK Funding
• Tata Steel Sought Additional UK Government Funding For Its Delayed Port Talbot EAF Project, Beyond The Existing £500 Million Grant Within Its £1.25 Billion Investment.
• Grid Delays Have Pushed Commissioning To Late 2028 Or Early 2029, While Rising Costs And Lost Sales Could Further Increase Expenses.
2️⃣ Adani Group Announces ₹4,000 Crore Healthcare Investment
• Adani Group Will Invest Over ₹4,000 Crore In A 2,000-Bed Not-For-Profit Adani Arogya Mandir In New Town, West Bengal, Including 1,000 Beds For Economically Weaker Sections.
• The Project Will Include A Medical College And Research Facilities, Create 10,000+ Jobs, And Form Part Of The Group’s Planned ₹21 Lakh Crore West Bengal Investment By 2035.
3️⃣ Shriram Properties To Invest ₹4,000 Crore More
• Shriram Properties Will Invest Another ₹4,000 Crore In Uttarpara, Taking Total Investment To ₹6,000 Crore At The Former Hindustan Motors Site.
• The 314-Acre Site Was Acquired For ₹295 Crore In 2005. With 272 Acres Remaining After 42 Acres Were Returned To The State, 137 Acres Will Be Developed Into 7–10 Million Sq Ft Of Mixed-Use Projects.
4️⃣ Odisha Approves ₹2.45 Lakh Crore Industrial Projects
• Odisha Approved 27 Industrial Projects Across 15 Districts, With Investments Above ₹2.45 Lakh Crore And 50,000+ Jobs Expected.
• Data Centres And AI Lead With Around ₹1.43 Lakh Crore, Followed By Power And Renewable Energy At ₹54,287.70 Crore, Alongside Steel, Semiconductors, Green Hydrogen, Healthcare And Advanced Manufacturing.
5️⃣ Jindal Stainless Partners With Nasscom
• Jindal Stainless Signed An MoU With Nasscom To Give Employees Access To FutureSkills Prime, Led By Nasscom With MeitY.
• Training Will Cover AI, Big Data, Cloud Computing, Cybersecurity, IoT, Blockchain And Digital Leadership, From Foundational To Advanced Levels.