Govt’s Budget 2025 Push for PPP and EV Growth Welcomed by Chartered Speed

Govt’s Budget 2025 Push for PPP and EV Growth Welcomed by Chartered Speed

By Manu Vardhan Kannan

Published on February 5, 2025

As the Union Budget 2025 wraps up, leaders across industries are weighing in on its impact. Sanyam Gandhi, Whole Time Director at Chartered Speed, has welcomed the government’s continued focus on infrastructure, sustainable transport, and economic reforms.

He highlighted that the push for Public-Private Partnerships (PPP), including a structured three-year pipeline of state projects and ₹1.5 lakh crore allocated for 50-year interest-free loans, would drive large-scale urban development and mobility advancements. "This initiative creates strong opportunities for better infrastructure and innovative mobility solutions," Gandhi stated.

The budget’s emphasis on expanding EV manufacturing is another significant move, expected to accelerate the growth of multimodal transport, clean energy, and digital infrastructure. Gandhi believes these efforts will hasten the transition towards cleaner, more efficient transport networks, benefiting both businesses and consumers.

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“At Chartered Speed, we see significant potential to scale EV adoption and multimodal transport solutions through PPPs and sustainable transit initiatives,” he added.

Additionally, the introduction of a no-income-tax slab for earnings up to ₹12 lakh is expected to stimulate consumer spending, enhancing liquidity in the economy. Gandhi pointed out that this move could lead to an increase in travel-related expenditures, further benefiting the transport and tourism industries.

With these strategic announcements, the budget sets the stage for India’s mobility sector to advance in a sustainable and innovative direction.


Bengal’s Heritage Conservation Perspective Highlights at Pravasi Rajasthani Diwas

Bengal’s Heritage Conservation Perspective Highlights at Pravasi Rajasthani Diwas

By Hariharan U

Published on December 22, 2025

Heritage-led development took center stage at Pravasi Rajasthani Diwas, where Mr. Sandip Nowlakha, Vice President of the Murshidabad Heritage Development Society, addressed delegates on “Havelis to Heritage: Unveiling the Legacy of Rajasthan’s Pioneering Entrepreneurs.” Drawing parallels between Rajasthan’s iconic havelis and Bengal’s historic homes, he highlighted the national relevance of preserving heritage while fostering economic sustainability.

Rajasthan has over a million havelis, many left neglected as owners migrated to cities like Kolkata. Bengal faces similar challenges with its rajbaris, kothis, and merchant houses. Mr. Nowlakha advocated adaptive reuse, transforming historic homes into museums of family history that preserve architecture as well as the entrepreneurial legacies of generations.

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Citing successful restorations in Murshidabad, including Kathgola Palace, Bari Kothi, Jagat Seth’s House, and Nashipur Rajbari, he emphasised the economic potential of conservation-led development. Kathgola Palace alone attracts 1.2 million visitors annually, while Jagat Seth’s House and Nashipur Rajbari each welcome around 1 million visitors yearly. “Heritage conservation can generate sustained visitor interest, local employment, and economic activity without compromising historical integrity,” he noted.

Mr. Nowlakha stressed that Rajasthan’s havelis, as historical repositories, require sensitive interpretation rather than structural reinvention. With contemporary conservation practices and curated narratives, these properties can become living history spaces, encouraging cultural exchange and tourism while keeping shared heritage alive for future generations.

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Pravasi Rajasthani Diwas also featured sessions on investment opportunities in education, healthcare, and tourism, highlighting the strategic role of cultural assets in development. The event saw participation from dignitaries including Shri Bhajan Lal Sharma, Chief Minister of Rajasthan; Shri Gajendra Singh Shekhawat, Union Minister of Culture; Smt. Diya Kumari, Deputy Chief Minister of Rajasthan; and Mr. Sundeep Bhutoria, Managing Trustee, Prabha Khaitan Foundation, Kolkata.


IHCL Expands Presence in Tamil Nadu with Signing of Vivanta Hotel in Vellore

IHCL Expands Presence in Tamil Nadu with Signing of Vivanta Hotel in Vellore

By Manu Vardhan Kannan

Published on December 22, 2025

The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, has announced the signing of a Vivanta hotel in Vellore, Tamil Nadu. This greenfield development marks IHCL’s entry into Vellore and further strengthens its presence in the state.

Commenting on the signing, Ms. Suma Venkatesh, Executive Vice PresidentReal Estate & Development, IHCL, said, “Vellore is an established education and industrial hub with improving connectivity and infrastructure, making it a promising hospitality market. Its inclusion in the Government of India’s Smart Cities Mission reflects the city’s growth potential. We are delighted to partner with Mr. Baskaran on this project.”

The upcoming Vivanta Vellore will feature 100 keys and reflect the brand’s contemporary design philosophy with vibrant and modern spaces. The hotel will house an all-day dining restaurant, a stylish bar and a pool lounge bar. It will also offer multiple meeting rooms and a banquet hall spanning over 2,500 sq. ft., catering to business meetings and social events. Recreational facilities at the hotel will include a well-equipped gym and a swimming pool.

Mr. Baskaran of BBK Group said, “We are pleased to collaborate with IHCL to introduce the Vivanta brand to Vellore. This hotel will add to the city’s growing hospitality landscape and create a landmark destination for travellers.”

Vellore is known for its strong cultural, educational and healthcare ecosystem and is home to prominent attractions such as the Golden Temple at Sripuram and the historic Vellore Fort. The city also serves as an important education and medical hub, while neighbouring districts contribute to a thriving industrial belt with clusters in leather, automotive components and engineering.

About the Owning Company

Founded in 1994 by Mr. Baskaran, BBK Group began with the establishment of the BBK Shoes factory and has grown into a leading vertically integrated leather footwear and goods manufacturer. The group operates eight advanced manufacturing facilities across Tamil Nadu and has recently expanded into renewable energy through wind and solar power projects, aligning with its long-term sustainability goals.


PM Narendra Modi Inaugurates New Guwahati Airport Terminal, Calls It a Boost for Assam

PM Narendra Modi Inaugurates New Guwahati Airport Terminal, Calls It a Boost for Assam

By Hariharan U

Published on December 22, 2025

Prime Minister Narendra Modi on Saturday inaugurated the new terminal building of Lokapriya Gopinath Bardoloi International Airport in Guwahati, marking a significant milestone for Assam’s infrastructure development and the Northeast’s connectivity push.

Ahead of the inauguration, the Prime Minister shared striking visuals of the upgraded facility on social media, describing the project as a major boost to the region. “Increased capacity means better Ease of Living and a boost for commerce as well as tourism,” PM Modi said in a post on X, adding that he would inaugurate the terminal in the afternoon after arriving in Guwahati.

As per PTI, the integrated terminal building spans nearly 1.4 lakh square metres and has been designed to handle up to 1.3 crore passengers annually. The new terminal is being seen as a transformative step that will strengthen Assam’s air connectivity while supporting economic growth, trade and global engagement.

The Guwahati airport terminal is also notable for being India’s first nature-themed airport terminal, built around the concept of Bamboo Orchids.” The design draws inspiration from Assam’s biodiversity and cultural heritage, using around 140 metric tonnes of locally sourced Northeast bamboo.

The architecture features Kaziranga-inspired green landscapes, traditional japi motifs, the iconic rhino symbol and 57 orchid-inspired columns modelled on the kopou flower, creating a strong sense of regional identity within a modern aviation hub.

One of the terminal’s most distinctive elements is the “Sky Forest,” which houses nearly one lakh indigenous plants. This space is designed to offer passengers a forest-like, immersive experience upon arrival and departure, blending sustainability with aesthetics.

Passenger convenience has also been upgraded through the introduction of advanced digital and operational systems. These include full-body scanners for quicker security checks, DigiYatra-enabled contactless travel, automated baggage handling, fast-track immigration, and AI-driven airport operations to ensure smoother, safer and more efficient passenger movement.

With its expanded capacity, sustainable design and modern technology, the new Guwahati airport terminal is expected to play a key role in positioning Assam as a major gateway to the Northeast, while supporting tourism growth and regional development in the years ahead

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