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Making India

Making India

The small window of opportunity for the country requires every possible effort to make the most of the supporting environment to push the Make in India campaign and the Indian growth story.

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ABFPL bags NTPC contract

ABFPL bags NTPC contract

Alstom Bharat Forge Power Ltd (ABFPL), the joint venture company of Alstom and Bharat Forge has bagged contract worth Rs 1,136.5 crore from NTPC for the supply of plant equipment for the Tanda coal power plant in Uttar Pradesh.

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L&T bags TANTRANSCO contract

L&T bags TANTRANSCO contract

The Power Transmission & Distribution business of Larsen & Toubro, a major Indian multinational in technology, engineering, construction, manufacturing and financial services, with global operations, has won major turnkey order from the Tamil Nadu

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Mobility solutions

Mobility solutions

The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of India´s growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.

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A Partner In Progress

A Partner In Progress

If one was to think of the three most pressing problems and areas where solutions are needed, one could sum them up as IIM: Inflation, Infrastructure, Manufacturing. To hit the ground running you need to steer around areas which need tweaking.

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India under US scanner for dumping steel pipes

India under US scanner for dumping steel pipes

India is under the scanner of the US Department of Commerce for alleged dumping of cheap steel pipes in the country thereby affecting the business of local manufacturers. The Commerce Department launched a probe against South Korea, India, Vietnam, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, and Ukraine on alle

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POSCO considers abandoning steel project in Karnataka

POSCO considers abandoning steel project in Karnataka

Owing to its failure to get land for the proposed 6 million tonne per annum steel project in Karnataka, South Korean steel giant POSCO is considering to quit the project, reports suggest. The company is unable to get land for the project because of protests by local residents. Soon, the company would decide on whether to abandon the project, which involves setting up a steel mill i

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Govt to set up SPV for manufacturing advanced aircrafts

Govt to set up SPV for manufacturing advanced aircrafts

A High-Level Committee, headed by Prime Minister Manmohan Singh decided to set up a Special Purpose Vehicle (SPV) for development and production of a civilian aircraft, of a 70-100 seater range. According to the proposal, the proposed SPV would gain design capabilities from National Aerospace Laboratories (NAL), Hindustan Aeronautics Limited (HAL) and other institutions in

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PM clears Rs 450 bn plan of steel ministry

PM clears Rs 450 bn plan of steel ministry

At a recent meeting of the high-level committee on manufacturing, Prime Minister Manmohan Singh cleared
a Rs 45,000 crore investment plan of the steel ministry. Singh approved the investment proposal for ultra mega steel plants (UMSP) considering that the expanding infrastructure sector would raise demand for steel in the country. However, Planning Commission and the ministries of coal and mines objected to the approval given by the Prim