In a milestone event, Tata Hitachi's Kharagpur plant has announced the roll out of its 10,000th machine. The machine, ZAXIS470H, was handed over to V Prabhakar Reddy of VPR Mining Infrastructure Private Limited - a leader and trend setter in the Indian mining industry, with many global ongoing projects and a big patron of Tata Hitachi.
Japan has offered to finance IndiaÂ´s first bullet train, estimated to cost $15 billion, at an interest rate of less than a per cent, officials said, stealing a march on China, bidding for other projects on the worldÂ´s fourth-largest network.
The first 100 days of the Modi government have been encouraging. Now the Centre is firmly moving to mission mode. ThereÂ´s much that the infrastructure sector can look forward to in the days to come. LetÂ´s look at the various initiatives that the government plans to unroll.
Japanese companies will build manufacturing facilities near Chennai. Japanese companies- Hitachi Automotive Systems, Ajinomoto and Takasago International Corporation are among the early players to enter into agreement with Ascendas and a Japanese consortium in setting up a 1,450-acre integrated industrial township, 50 km south of Chennai. Ascendas said that it has entered into agreements with the three companies to take up space at the township.
Now Japan's All Nippon Airways (ANA), which has declared its ambition of becoming the next gateway carrier for India, is aiming to scoop up US-bound passengers and taking them to their destinations via its transit hub in Tokyo. In the near future, All Nippon Airways (ANA) not only plans to add a couple more Indian cities to its network, but also quadruple capacity to Mumbai, where it has daily flights.