If there is a signal from the government for continuous development in the form of announcement of infrastructure projects, then equipment manufacturers will not shy away from further investments. A lot of manufacturers have come in, invested and are now waiting for such big projects to take off.
Tag: November
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Companies hope to extract business benefit
CSR may become mandatory for larger business, but the government is unlikely to be too stringent on companies that seek business benefits from them. The recent inclusion of corporate social responsibility (CSR) has become a point of widespread debate among various industries
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Belling the insurance cat
Project owner or contractor-who should be buying the insurance? Vikash Khandelwal explains. On a recent flight back to Delhi, I bumped in to a builder friend, who told me that in most of his projects, he asked his various contractors to buy insurance policies on their contracts.
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Integrating innovations
Tata Technologies, which started as a provider of specialised IT-enabled consulting, services and products to leading manufacturers, has now diversified into areas like infrastructure, industrial, heavy machinery and construction equipment verticals.
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The success lies within
Forty industry experts set out to determine the real shipping issues holding India back. Experts discussed the potential that exists and more importantly the secret of success at the 9th India Shipping Summit held on 21-23 October 2013 in Mumbai. A report...
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HSBC global trade forecast
India is set to topple USA as the biggest importer of goods for infrastructure (materials needed for infrastructure projects) in the world by 2020. It will continue to hold this position till 2030, as it builds civil infrastructure, bolstering demand for overseas goods, according to HSBCĆĀ“s latest Trade Forecast report.
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Logwin expands in Jakarta
Logwin has further expanded its location in the Indonesian capital of Jakarta by moving into a modern, self-contained warehouse at Soekarno Hatta Airport in August. The new facility allows Logwin to increase its storage space from 280 sq m to 720 sq m.
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Delhi, Birmingham airports sign MoU
Following the recent launch of direct flights between Delhi International Airport and Birmingham Airport (UK), the two airports have signed a Memorandum of Understanding (MOU) to formalise a working relationship and commit to developing links between the two cities even further.
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Israel Ambassador visits IDE plant
During his recent visit to Chennai, Ambassador of Israel Alon Ushpiz took a visit to IDEĆĀ“s 100 million liters per day (MLD) Nemelli desalination plant. The plant, designed by MECON, was built by IDE Technologies (Israel) together with local Indian partner on EPC basis with a seven years operation and maintenance contract awarded by end client CMWSSB to IDE consortium.
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Work on LNG terminal at Mangalore to begin in Nov
Union Minister for Petroleum and Natural Gas Marpadi Veerappa Moily has said that the construction of an LNG import terminal at Mangalore will commence in next November. At present, companies ONGC, Bharat Petroleum Corp Ltd. (BPCL), Mitsui and New Mangaloe Port Trust (NMPT) are surveying the feasibility of the LNG terminal, say media reports.