Projects

L&T alliances Larsen & Toubro Infotech Limited (L&T Infotech) has announced a strategic alliance with Pegasystems. With this partnership, L&T Infotech becomes a Pega Registered Business Partner, enabling it to provide Pega software expertise and implementation services to its clients....

Rural road allocation The government has raised rural road development budget to Rs19,000 Crore in 2015-16 from Rs9,000 Crore in 2012-13, assuring its ongoing support to the nation-wide Pradhan Mantri Gram Sadak Yojana (PMGSY) programme. Rural Development Minister Narendra Singh...

SJ-SMEC bids for projects A newly merged group of two Singapore-Australian consultancies will be bidding for a wide range of projects in India, its officials said. Singapore’s Surbana Jurong (SJ), owned by state-investment corporation Temasek, has merged with engineering and...

Farm mechanization Tractor market to grow to US$8.05 billion by 2020, says Technavio. India’s farm mechanization market is expected to grow at a CAGR of more than 7% during 2016-2020, according to a forecast by London-based consultancy Technavio. India’s tractor market...

Biogas target set   The government has allocated Rs.142.00 Crore for the Biogas Programme and set a target of 100,000 plants for fiscal 2016-17, said Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines....

Cold chain subsidies The Ministry of Food Processing Industries is implementing a Central Sector Scheme of Cold Chain, Value Addition and Preservation Infrastructure for setting up of integrated cold chains to reduce post-harvest losses. The scheme extends a maximum grant-in-aid...

Hydro Engineering College Himachal Pradesh's hydro project. Himachal Pradesh state government, NTPC Ltd and NHPC have signed an Memorandum of Understanding (MoU) for setting up Hydro Engineering College to promote technical education in the State. NTPC & NHPC have committed...

High speed trains Japanese Shinkansen-based train for India. Indian Railways (IR) is working on a multi-pronged strategy for running of high speed trains (with a speed of 300 kmph+), semi high speed trains (with a speed of 160 kmph+ -...

Solar master plan A master plan has been prepared for making Chandigarh a Model Solar City under the ‘Development of Solar Cities’ programme. Disclosing this on July 28, 2016, Piyush Goyal, Minister of State (IC) for Power, Coal, New &...

Investment Desk To harness the enormous investment opportunities offered by the tourism sector, the Department of Industrial Policy & Promotion (DIPP) and Invest India are setting up an investment desk. The emphasis so far has been on attracting tourists but...