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Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

Government to bring structural reforms in mining sector: Pralhad Joshi

The government took a proactive and biggest industry-friendly step of transferring all statutory clearances to the new lessees by promulgating an ordinance. This was a major step to ensure seamless production of raw materials.Read more

Coal India to spend Rs 1.22 lakh cr on 500 projects by 2023-24: Pralhad Joshi

CIL has identified 15 greenfield projects for investment of Rs 34,600 crores. The company to invest Rs 14,200 crores for 49 First Mile Connectivity projectsRead more

Set up National Mineral Index to help mining sector become competitive: CII

For example, a competitive domestic aluminium sector can save annual forex outgo of around Rs 40,000 crores and also attract fresh investment of Rs 1.8 lakh crores ($ 25 billion) into the growing aluminium sectorRead more

BEML flags off India's first 150T electric dump truck

Developed with an objective to strengthen the government’s Make in India initiative, the e-truck will address the growing demand for higher capacity equipment in the mining industryRead more

Privatisation of coal mining to boost production

India’s coal demand-supply balance still remains tilted in favour of coal imports as the state-run miners, Coal India and the Singareni Collieries Company have been unable to entirely meet India’s coal demand, especially for higher grade thermal coal/washed coal and coking coal. The country’s coal imports remain high, accounting for around 24 per cent of the present domestic demand. Read more

Hydraulic excavators: Pushing new boundaries

With the demand for excavators growing in the market, OEMs are introducing new features to broaden the scope of efficiency and productivity in the machines. Read more

Central Coalfields Ltd

Central Coalfields Ltd (CCL) is a subsidiary of Coal India Ltd (CIL), an undertaking of the Government of India. CCL is headquartered at Darbhanga House, Ranchi, Jharkhand. The operation of CCL is to produce and market the planned quantity of coal and coal products proficiently and economically in eco-friendly manner, with due regard to safety, conservation and quality. Central Coalfields Ltd is a category-I mini-ratna company since October 2007. During 2009-10, coal production of the company rRead more

Cyient to collaborate with the India2022 coalition to develop solutions in the diagnostic healthcare space

Cyient, a global provider of engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders, announced a partnership with Xynteo, an international advisory firm.Read more

Volatility in metals market: How long it will last?

While world demand looks positive, it is the supply side that will be the differentiator. India holds a fair advantage in cost of production and conversion costs in steel and alumina, says Alireza Moghaddam.Read more

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