Projects

Govt. incetivizing MSMEs The Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017, with financial outlay of Rs.3,000 crores upto March, 2020. The government will provide necessary allocations for remaining period of scheme after assessment before March...

Develop more tourist projects, says Gadkari Gadkari cutting ribbon to inaugurate ferry service. Goa, one of India's most popular tourist states, has been assured of all funds for development of Sagarmala Projects as well as waterway links to hotels and...

LTI's consultancy for Accudyne Accudyne Industries has selected Larsen & Toubro Infotech Ltd (NSE: LTI, BSE: 540005) as the transformation partner to provide IT Infrastructure & Security Management Services. Accudyne Industries is a leading global provider of precision engineered, process-critical...

Development includes bridges The National Highways Authority of India, NHAI, has issued Letter of Award (LOA) for development of NH-8 (Delhi–Jaipur Highway) in the State of Haryana on Hybrid Annuity Mode. This involves six-laning and strengthening of two separate sections...

100 Taiwanese companies to join CDC park Taiwan's Century Development Corporation (CDC) has finalised plans to develop an industrial park on a 70-acre site near Aerospace park in Bengaluru. It has leased land from Karnataka Industrial Area Development Board at...

Projects reviewed regularly Minister of State for Road Transport and Highways, Mansukh Lal Mandavia, said 1,417 projects, worth Rs.432,538 crore, were currently under construction. Out of these, 71 projects, covering a length of 1,647-km and amounting to Rs.21,042 crore, were...

Heavy water reactors set for implementation The Government has approved and given financial sanction fr 12 nuclear power reactors in the country, said Minister of State for Atomic Energy and Space, Dr Jitendra Singh in a written reply in the...

Paper calls for fast-track housing development Minister Puri's updates on PMAY housing. Nearly 4 million houses have already been sanctioned under the Pradhan Mantri Awas Yojana (PMAY), a Prime Minister housing scheme to build 12-million houses by 2022. Stating this,...

Focus on tech-savvy Linke Hofmann Busch coaches     Indian Railways (IR) continues to take measures for modernization of various segments of infrastructure and services, said Minister of State in Ministry of Railways, Rajen Gohain, in a written reply to...

Tranche 3 lending for improving railway sector Kenichi Yokoyama (in tie) and Indian officials with signed loan documents. India and the Asian Development Bank (ADB) have signed a US$120 million loan agreement for double-tracking and electrification of railways tracks along...