If India becomes self-reliant in railway technology, it will have multiple effect including reduction in the equipment cost, easy availability of technology for upgradation of existing assets and in turn Indian Railways will be able to reduce the freight rates,
Tag: transportation
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Kotak mops up $90 mn to invest in infrastructure sector
According to an official statement, Kotak Mahindra Bank raised about $90 million in order to invest in companies engaged in industries like power generation and transmission, transportation. The amount, which is raised under the Core Infrastructure India Fund, would also be invested in water treatment and supply, waste management and gas transmission in
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Southern Railways suggests industrialists to set up freight terminal
Southern Railways suggested industrialists in Coimbatore, Tamil Nadu to come together and set up a private freight terminal to move the goods manufactured or produced in this region to upcountry markets. Sujatha Jayaraj, the Divisional Railway Manager of Southern Railways – Salem Division said this during an interactive session with industrialists in Coimbatore
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Southern Railways suggests industrialists to set up freight terminal
Southern Railways suggested industrialists in Coimbatore, Tamil Nadu to come together and set up a private freight terminal to move the goods manufactured or produced in this region to upcountry markets. Sujatha Jayaraj, the Divisional Railway Manager of Southern Railways – Salem Division said this during an interactive session with industrialists in Coimbatore
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Contract opportunities in crude oil transportation
Indian economy is expected to grow at a higher rate of 6.7 percent in 2013-14 compared to the expectation of around 5.4 percent growth in 2012-13. Rise in economic growth leads to higher demand for crude oil. Consequently, there is good prospect for contracts in crude oil transportation business. Following are some of the contract opportunities in the sector.
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Monorail as an urban rapid transit
The best suited approach to increase the efficiency of transport is to seamlessly integrate better and immediate modes of commuting that offer reliable and quality services, says Kanesan Veluppillai. Keeping urban infrastructure at focus, the government has announced 2010-2020 as the decade of innovation in transportation. A sustainable, cost-efficient and environment-friendly traÂnsport system is what modern India envisions of today.
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Need for an orchestrator
Shashi Kiran Shetty says technology has come in handy in the absence of a workable policy framework. Logistics links shipping, finance, commerce and trade, transportation, aviation and railways
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De-fragmenting the sector
The continually increased budget expenditure on the logistics sector, only 1 per cent of which is in the organised sector, has not borne fruit in cost reduction, so it’s time to recognise efficiency as the new theme to work towards,
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Govt sets up panel for inland waterways sector
Government has set up a committee to identify new areas for private investment, both in infrastructure and in transportation for the Inland Waterways (IW) sector.
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Go against the grain!
This year starts the Plan for a huge boost from the government to rural infrastructure. Private investors should not look at the immediate size of attractiveness of projects alone, but consider the multiplier effects.