Technology

Over 95 Energy Ministers are expected at PETROTECH-2019, the 13 International Oil & Gas Conference & Exhibition, being organised under the aegis of the Ministry of Petroleum & Natural Gas, on 10-12 February 2019.

The Defence Acquisition Council (DAC) has approved indigenous construction of six submarines for the Indian Navy at a cost of over Rs. 40,000 crores.

The Indian Government has signed a contract for construction of two ships with Goa Shipyard Ltd, with scheduled delivery in June 2026 and December 2026, respectively.

L&T Technology Services (LTTS) has consolidated its status as a ‘Leader’ in the Zinnov Zones 2018 report across 10 business verticals for the third year in a row.

Thane’s Ducon Infra-technologies Limited continues to submit new bids and revise previously submitted proposals for its Flue Gas Desulfurization (FGD) systems required for power plants and industrial boilers.

Vedanta Resources Ltd has committed another Rs.60,000 crore investment in India in the next three years and Rs.8,500 crore to expand its mining and allied operations in South Africa.

The Indian solar power market is expected to post more than 38% CAGR during 2019-2023, according to a research report which sees India importing cheaper solar panels from China.

With an increasing number of new car manufacturing announced in India, the automotive industry will remain the main driver of the increasing number of robot installations.

Maruti Suzuki India Limited (MSIL) has signed a Memorandum of Agreement (MoA) with Haryana Government to set up Japan-India Institute for Manufacturing (JIM), a model ITI at Uncha Majra village in Gurugram district.

The technical textile sector, one of the fastest growing segments of the Indian Economy, is set for a double-digit growth in the coming years and a market size of Rs.2 lakh crore by 2020-21.