The Gujarat government has signed a memorandum of understanding (MoU) worth Rs 67,000 crore with the National High Speed Rail Corporation Limited (NHSRCL) during the Vibrant Gujarat Global Summit for component manufacturing for the Ahmedabad-Mumbai bullet train project.
Tag: Railways
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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.
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By 2050, 60percent of India´s population will reside in towns
Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.
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We are constrained by our limited dredging capacity
The Inland Waterways Authority of India (IWAI) was set up in 1986. Since then till 2008, only five waterways could be declared as National Waterways. Work could be started on only three of them: National Waterway or NW-1 that is the Ganga National Waterway, NW-2 that is the Brahmaputra Waterway and NW-3 comprising the backwaters of Kerala.
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Shipshape Strategy
The Centre is preparing a multimodal transport hub plan to integrate roads, railways, air and water ports.
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All Work, Before Play
When in August this year, India sent its largest ever delegation to the Summer Olympic Games held in Rio de Janeiro, Brazil, most expected the country to further improve on its performance over the London edition of the games which had been held four years earlier.
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Prabhu lays foundation stone for elevated rail line
Union Minister for Railways, Suresh Prabhu has laid the foundation stone for the construction of a 4-km Elevated Rail Line on the Rohtak-Gohana stretch in Haryana
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Railways may renegotiate DFC loan condition
The Railways is contemplating to renegotiate loan condition with Japan for procuring high horsepower electric locomotives for the Western Dedicated Freight Corridor (DFC) as the procurement award is stuck over the pricing front.
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We plan to develop India as a Southeast Asia hub
At the moment, we estimate the market to be around 130 million square metres. And we expect this to potentially double within the next five to six years. So maybe we are talking about 200 million square metres. This is also the reason why we have moved into India as we see good potential in this market segment. We are aware that there are some challenges involved.
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Awareness creation is the biggest challenge
Currently, the demand is much less than the supply. We all have an installed capacity, but are not able to sort of utilise that fully because the demand still has to pick up locally.