Projects

The South Korea-India defence cooperation will get a major boost with Korean defence contractors evincing avid interest in investing in defence industrial corridors coming up in Tamil Nadu and Uttar Pradesh.

The Island Development Agency (IDA) has reviewed 11 anchor tourism projects, six in Andaman & Nicobar and five in Lakshadweep during Investors’ Conference held on 10 Aug 2018 in New Delhi.

Appropriate housing is now being created for all income levels. The current Government has taken the needs of the people to heart and deployed various policy initiatives to ensure that homeownership becomes affordable and desirable.

The Ministry of Railways is creating infrastructure for freight at railway yards with a view to develop freight terminals through private investment.

ExaGrid®, a leading provider of hyper-converged secondary storage for backup, has announced the expansion of its Middle Eastern coverage with the appointment of Rami Nasser as Regional Sales Director for the Middle East, India, and Africa.

India’s Public Sector Undertakings, IRCON International Limited and RITES Limited, have signed agreement with the Sri Lankan Government for development of railway facilities.

The National Highway Authority of India (NHAI) has appointed Deloitte Touche Tohmatsu India LLP as Transaction Advisor for second Bundle of Toll, Operate and Transfer (TOT), bids for which have been invited.

The Cabinet Committee on Economic Affairs (CCEA) has approved the project for construction of 6.930 km long 4-lane bridge at Phulaut in Bihar.

Mitsui Chemicals, Inc. (TOKYO:4183) is establishing a solar panel testing and certification lab in Gujarat in partnership with PI Berlin.

India needs to set up water regulatory authority along the lines of power and telecom sectors, given the high consumption expected from industrial sectors, especially electricity generating plants, according to an industry study.