Will Infra Sector get a Boost?

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Federal Minister Ashwini Vaishnaw announced to the media that the Union Cabinet approved the construction of 12 new industrial smart cities across various states on Wednesday, with a total investment of ₹286.02 crore to boost domestic manufacturing. These cities aim to create jobs, attract investment, and support India's position in the global value chain by providing investors with robust infrastructure and readily available land. Of these 12 industrial cities, two will be built in Andhra Pradesh and one in Bihar

This policy will broadly promote the development of several sectors, particularly infrastructure, real estate, construction materials, logistics, capital goods, financial services, and manufacturing. It is recommended to monitor the relevant companies mentioned above, as they may benefit from this large-scale infrastructure project

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