Projects

Defence Research and Development Organisation (DRDO) has flight-tested Pinaka Missile System, an Artillery Missile System capable of striking into enemy territory up to a range of 75 kilometres with high precision.

The National Rail Transport Institute (NRTI) is to set up its first Centre of Excellence for Next Generation Transportation Systems for which it has signed a Memorandum of Understanding (MoU) with the University of Birmingham.

The PHD Chamber of Commerce and Industry (PHDCCI) has called for implementation of FIDIC contract in fast tracking road and highway projects in the country.

The price gap between ready-to-move-in (RTM) and under-construction (UC) homes in the top 7 cities has been reduced to a mere 3-7% in 2019, according to data from property consultants ANAROCK.

Tripura Industrial Development Corporation (TIDC) Ltd is setting up a Special Economic Zone (SEZ) for the Agro-based food processing industry, at an estimated cost of Rs.1,550 crore.

Steel Minister Dharmendra Pradhan wants to make the steel sector more efficient and globally competitive and backed it with assurance that the Government will facilitate in the growth process.

Representatives of the Agro-processing and Rural Development sectors have told Finance Minister Nirmala Sitharaman to boost investment in agricultural sector and enhance market access to farmers.

The Asian Development Bank (ADB) has signed a US$250 million loan for Energy Efficiency Services Limited (EESL) to expand energy efficiency investments in India that will benefit agricultural, residential and institutional consumers.

The government is in the process of adopting new and smart technologies which will help in making the 30-km per day road construction target more ambitious, said Gen (Retd) V K Singh, Minister of State for Road Transport & Highways.

Noting that India plays a vital role in curbing global emissions, Bank of America is providing a local currency revolving credit facility to Fourth Partner Energy, one of the country’s largest distributed solar companies in India.