Defence Metallurgical Research Laboratory (DMRL), Hyderabad, a premier research laboratory of Defence Research and Development Organisation (DRDO) and Jindal Stainless (Hisar) Limited (JSHL) have signed a licensing agreement for transfer of technology of High Nitrogen Steel (HNS) for armour applications.
Tag: defence
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Emergent Gujarat
With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.
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Recovery from demonetisation is a foregone conclusion
There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.
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Government begins review of ´Make in India´ targets
Twenty months after the launch of the Make in India campaign, the government has begun assessing the impact of PM Narendra Modi´s flagship programme and is looking to even tweak some of the elements.
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Railway employees to join nationwide strike
Around 40 lakh railway employees will join the postal, defence and other Central government employees in the indefinite strike from July 11, working president of All India Railwaymen Federation (AIRF) N Kanniah has said.
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Rs.8,000 cr likely investment, and we are counting on more
It has been proved again that Maharashtra is the most preferred destination for investment. And in the Make in India week, everyone could see that out of the total Rs 15 lakh crore worth memorandums of understanding signed, more than Rs 8 lakh crore were signed by the Government of Maharashtra.
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Drones to monitor power projects
Ground inspections are passé for the Indian power sector which is set to deploy drones to cut costs and improve efficiency. Heralding a technological leap in power transmission, the companies, especially state-owned Power Grid, would now use drones for monitoring project development in critical areas.
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Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
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Tata Power SED to invest Rs.500 crore
Tata Power´s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company´s largest manufacturing unit set-up in the country.´
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Cabinet clears Land Acquisition ordinance
The Centre has recommended an ordinance to make significant changes to the Land Acquisition Act so as to fast-track projects in key sectors such as power, roads, defence and housing.