It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.

The hype and fanfare that has accompanied Digital India, has managed to catch the imagination of people unlike any other initiative of recent times by the federal government.

The commissioning of the first phase of 8-km stretch of the L&T Hyderabad Metro rail project will be taken up at a later date once this stretch touches the busy Secunderabad junction.

The Centre is considering implementing Metro rail projects in nine cities at a cost of Rs 83,000 crore, according to Union Minister for Urban Development M Venkaiah Naidu.

Manufacture of Kochi Metro coaches commenced at Sri City manufacturing unit of Alstom Transport India Ltd.

Sri City, South India´s largest Integrated Business City, has been adjudged the ´Best Multiproduct Special Economic Zone in South India´ at 'South East CEO Conclave wards-2014 (SECC)', held in Chennai, organised by EXIM India.

MMD Mining Machinery Developments in the UK has laid the foundation stone for its new production unit at Sri City Special Economic Zone in Andhra Pradesh. The company's Indian subsidiary MMD (India) to handle the production unit. The company will initially invest Rs 100 crore in this project and will offer employment to 200 people. The company offers mineral sizers, heavy duty apron plate feeders, caterpillar chains and rollers, and sizer stations.

According to a survey of 1,000 companies by Japan Bank of International Cooperation, India is seen as the second-most favoured destination for investment, after China. Japanese investors consider India as the most promising country for long-term investment, reports indicate. Of all Japanese investment in India, Tamil Nadu accounts for 40 per cent, data from the Japan Chamber of C

We must urgently address the gaps in the SEZ policy to encourage, incentivise and support the growth of the manufacturing sector, writes Ravindra Sannareddy. Special Economic Zones (SEZs) have been the most effective drivers of growth for developing Asian economies especially China over the last few decades. The key objectives of most SEZ programmes are to attract foreign investment, earn foreign exchange, boost industrial development, generate employment, and upgrade technology.