The second day of EXCON 2013 started with a Conference on ‘Sustainable Infrastructure Development’ organized by the Indian Construction Equipment Manufacturers’ Association (ICEMA) in association with the Confederation of Indian Industry (CII).
Tag: India
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Zydex looks to build 20,000 km green roads in 3-yrs
In India, Zydex Technologies is looking to build up to 20,000 km of moisture-resistant green roads by 2016 using its nanotechnology. Such roads need no maintenance for about 15 years. The company has already completed about 500 km of roads in India with Border Roads Organisation and other agencies, Zydex Industries said.
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DBS Bank to up its India presence with 50 branches
In the next three years, Singapore-headquartered DBS Bank has plans to open 50 branches in India. DBS Bank wants to benefit from India's new policy for foreign lenders. The Asia-focused bank currently offers wealth management and deposit products in India.
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ADB studies India’s east coast economic corridor
On the Indian East Coast economic corridor, the Asian Development Bank (ADB) is carrying out analytical work. The corridor presents a potential window for boosting economic relations between India and the Mekong countries as well as other South-East Asian countries.
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Afghanistan ready for pact on Chabahar port
Afghanistan has stated that it is keen to ink a trilateral agreement with India and Iran on the Chabahar port. Afghanistan on November 16 stressed that its ties with India are steady.
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PMGSY helps to develop rural economy
In the year 2000, the Union government launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) to connect IndiaÂ’s smaller villages to nearby towns, all through the country. The ministry of rural development has been in charge of the scheme, with the Planning Commission playing its usual role.
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Projects cleared by Project Monitoring Group
Following is the list of the projects which was cleared by Project Monitoring Group
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Krishnapatnam Port is preferred for edible oil refineries
On the east coast of India, Krishnapatnam Port is slowly and steadily emerging as a hub for edible oil refineries. The port has become more evident from the fact that there are over seven companies setting up their refineries near the port and a few more are likely to finalise their plans soon.
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World Bank to continue concessional aid to India
Though India is no longer eligible for concessional development funds, the World Bank is working on a special dispensation to the country to maintain financial support to India. India receives the bulk of funds from the World Bank through International Development Association (IDA), the development bank's fund for the poorest, and International Bank for Reconstruction and Development (IBRD).
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India, Japan to up cooperation in shipping
India and Japan proposes to strengthen their cooperation in the shipping sector. In this connection a delegation under the leadership of Union Minister of Shipping Shri GK Vasan is visiting Japan from November 9-12th on an invitation from Akihiro Ohta, the Minister of Land, Infrastructure, Transport and Tourism of Government of Japan.