Schindler India, leading providers of escalators and elevators, a 100% owned subsidiary of Schindler Group is set to invest Rs 170 crore to expand its manufacturing facilities by setting up IndiaÂ’s first Escalator manufacturing line and towards improving its Research and development facilities at its plant near Chakan in Pune.
Tag: Make In India
Post
Post
Railways need to create a holistic engagement platform
Hitachi and its subsidiary company, Ansaldo, are engaged with the Indian Railways on many platforms. We will be introducing state-of-the-art technology in signalling and telecommunications on the Dedicated Freight Corridor (DFC) from Delhi to Mumbai.
Post
We want to ‘Make in India’ for India’s railway industry
Subrat Nath, Area Director, Asia-Pacific, Talgo, a privately-held rolling stock and maintenance equipment manufacturer headquartered at Madrid, says that the firm is keen to not only change the way railway journeys are undertaken in India, but also make the country a major manufacturing hub for its products.
Post
Indian Private Equity takes off!
Private Equity (PE) in India is still in its nascent stage, accounting for roughly 1 per cent of GDP.
Post
Asahi India Glass announces Rs.500 crore automotive glass plant in Gujarat
Asahi India Glass (AIS) plans to invest in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat. The investment is being made to primarily meet the automotive glass requirements of Maruti Suzuki India Ltd at its newly-established Gujarat plant.
Post
Big data complements India’s Smart Cities Mission
In an exclusive, PP Chaudhary, Minister of State, Ministry of Electronics and Information Technology, Government of India, says that the Centre is planning three IT and electronics regions, which will create direct employment opportunities for 12 lakh youths.
Post
APM Terminals Pipavav handles 100,000th auto unit
APM Terminals Pipavav has reached a milestone of 100,000 automobiles handled at the portÂ’s Roll On-Roll Off (Ro/Ro) facility, 20 months after commencing auto-loading and discharging operations. Ro/Ro services were introduced at the port in August 2015, after NYK Auto Logistics India (NALI) invested in a state-of-the art stock yard and pre-delivery inspection facility.
Post
India’s oil demand growth rate to eclipse China’s
Oil consumption in India is expected to be 7-8 per cent this year, outpacing China's demand growth for the third consecutive year, as impact of demonetisation is likely to be short-lived, according to Platts.
Post
Government to fund up to 60percent R and D cost for e-vehicles
The government has decided to fund up to 60 per cent of the R&D cost for developing indigenous low-cost electric technology that will help power two-, three-wheelers and commercial vehicles operating in public spaces, a move aimed at reducing pollution.
Post
Odisha can revitalise its steel industry
Odisha has played a pivotal role in the emergence and growth of the steel industry in the country. Blessed with abundant iron ore, the state made rapid strides in steel. Besides iron ore (32.9 per cent of the country´s reserves), Odisha has abundant reserves of bauxite (59.95 per cent), chromite (98.4 per cent), coal (24.8 per cent) and manganese (67.6 per cent), which provide immense opportunities.