Infrastructure

Many measures being taken by the Indian Government to attract Korean investment into the country, according to Amitabh Kant, CEO, NITI Aayog.

The Cabinet has approved administrative arrangement on Cooperation in the field of Railways between the India’s Ministry of Railways and the Directorate General for Mobility and Transport of the European Commission to strengthen future technical exchanges and cooperation.

Smart city and industrial corridor developments will drive growth in India’s captive power generation market by 15,076.23 MW during 2019-2023, progressing at a CAGR of over 5%, according to the latest #marketresearch report by Technavio.

President Ram Nath Kovind said that the Philippines-India business story is an encouraging one with the real gain being collaboration in the IT-BPO segment.

India and Japan collaborating in building Hospital infrastructure through Japan International Cooperation Agency (JICA).

A nuclear plant is coming up in the Gorakhpur of Haryana, previously having focused such plants in southern India, said Dr Jitendra Singh, Minister of State for Atomic Energy and Space.

India remains concern about the effectiveness of Project Preparation Facility (PPF) of the New Development Bank, Finance Minister Nirmala Sitharaman has told BRICS’ Finance Ministers and Central Bank Governors meetings in Washington.

The Shipping Ministry will be doing an extensive study on reviving 160 minor ports across the country and develop a synergy between major and minor ports for further developments.

Adani Group and TOTAL are to invest US$1 billion through definitive agreements to deepen their existing partnership and commitment for developing multi-energy offerings to the Indian energy market.

India is expected to garner an estimated investment of US$58 billion in Exploration and Production sector by 2023, Petroleum and Natural Gas Minister Dharmendra Pradhan told some 1,200 delegates an international conference in New Delhi on 14 Oct 2019.