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HMT Machine Tools Ajmer develops grinding machine for railway axles

HMT Machine Tools Ajmer develops grinding machine for railway axles

Equipment to cost less than half of the imported ones On Sunday HMT Machine Tools Ajmer, which is a wholly-owned subsidiary of HMT Limited, said that it developed a highly-productive grinding machine that might cost less than half of the imported equipment for the railway axles.Indian Railways is importing the equipment from European countries as...

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Railways Loads Record 114.8 MT Freight in May

Railways Loads Record 114.8 MT Freight in May

Amid the second wave of the coronavirus pandemic, the Indian Railways’ freight business registered the highest ever loading in May. The world’s fourth-largest rail transporter clocked 114.8 million tonnes (MT) of freight, which was 9.7 per cent more than May 2019. Important items transported included 54.52 MT of coal, 15.12 MT of iron ore, 5.61...

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Need to develop 700 km of metro rail lines annually to meet future growth

Need to develop 700 km of metro rail lines annually to meet future growth

With Indian cities emerging as the key drivers of economic growth, attention also needs to be paid to developing a robust public transportation system in them, observes Hardeep Singh Puri, Union Minister for Housing and Urban Affairs. Puri made these observations at a panel discussion moderated by Pratap Padode, Editor-in-Chief, CONSTRUCTION WORLD, and Aashish Chandorkar, Columnist,...

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The Bailout Plan

The Bailout Plan

Is the Indian Railways chugging towards a gargantuan bailout? Startling as it may sound, the question is within the realms of plausibility given the lumbering behemoth's financials.