New Delhi, July 9 (IANS) India’s next phase of global capability centre (GCC) expansion will be far more geographically diverse, with Tier-II and Tier-III cities emerging as key hubs of innovation, Finance Minister Nirmala Sitharaman said on Thursday.Addressing the CII National GCC Business Summit 2026 here, the Finance Minister said the first 2,000 GCCs were largely concentrated in metropolitan centres, but the next wave of growth is expected to spread across a wider range of cities as the geog…
Latest Tier-II cities News & Updates
New Delhi, July 3 (IANS) Institutional investments in India’s real estate sector rose 50 per cent year-on-year (YoY) to $4.5 billion during the first half of 2026 — the strongest first-half performance in six years — despite the West Asia crisis, a report showed on Friday.According to the report by real estate consultancy Colliers, quarterly investments remained robust, surging 70 per cent YoY to $2.9 billion in the April-June quarter.Domestic investors led the market with $2.6 billion in inve…
New Delhi, June 26 (IANS) Civil Aviation Minister Ram Mohan Naidu on Friday launched India’s first ‘Easy Connect’ flight from Varanasi, marking the rollout of the government’s new hub-and-spoke aviation model aimed at providing seamless international connectivity to passengers from Tier-II and Tier-III cities. The initiative is expected to strengthen India’s ambitions of becoming a global aviation hub while making overseas travel easier for passengers beginning their journeys from smal…
New Delhi, June 7 (IANS) As the Prime Minister Narendra Modi-led government completed 12 years in office, Union Minister of State Dr Jitendra Singh on Sunday said the country has undergone a profound transformation, emerging as an aspirational nation powered by opportunity, innovation and self-confidence. He asserted that governance reforms, technological advancements and citizen-centric policies have reshaped how Indians view their future and their ability to succeed.Addressing the media, the m…
New Delhi, April 22 (IANS) The real estate industry in India witnessed a 32 per cent year-on-year surge in land acquisitions in 2025, with developers acquiring 3,093 acres across 149 transactions valued at Rs 54,818 crore, according to a report released on Wednesday.The report by JLL also said the acquired land is expected to unlock nearly 229 million square feet of development over the next two to five years, reflecting strong developer confidence and sustained demand.It highlighted a skewed in…
New Delhi, April 15 (IANS) Union Minister for Housing and Urban Affairs, Manohar Lal, on Wednesday launched the operational guidelines for the Urban Challenge Fund (UCF) along with the Credit Repayment Guarantee Sub-Scheme (CRGSS), saying the Rs 1 lakh crore fund is designed to mobilise nearly four times investment through market-based financing.Addressing the launch event, the minister said the UCF represents a paradigm shift in India’s approach to urban development, focusing on leveraging pu…
New Delhi, April 1 (IANS) India’s industrial and warehousing sector recorded absorption of 18.5 million square feet in Q1 2026, marking a robust growth of 15.6 per cent year‑on‑year, a report said on Wednesday.The report from Savills India said that growth was led by the manufacturing segment, while Pune made a notable leap to become the second-largest contributor to overall absorption.Manufacturing accounted for 35 per cent of absorption (about 6.5 million square feet), up from 30 per cen…
New Delhi, Jan 16 (IANS) On the occasion of National StartUp Day, Prime Minister Narendra Modi on Friday extended his best wishes to everyone associated with the startup ecosystem and said the day celebrates the courage, spirit of innovation and entrepreneurial zeal of the people of India. Taking to the social media platform X, the Prime Minister wrote, “Best wishes to everyone associated with the world of StartUps on the occasion of National StartUp Day. Today is special because we mark a dec…
New Delhi, Jan 15 (IANS) On Friday, January 16, the country will mark National Startup Day, celebrating a landmark decade for startups not just as economic engines but as enduring symbols of India’s innovation-led growth story.Aligned with India’s march towards a Viksit Bharat by 2047, the movement has had a transformative impact on India’s entrepreneurial and innovation ecosystem.Startups have become engines of economic transformation by driving technological innovation and productivity, …