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Railway modernisation presents big opportunity for SMEs
During a virtual discussion forum on railways, organised by the FIRST Construction Council (FCC), an infrastructure think-tank, industry experts highlighted business opportunities for industry (especially for SMEs) in the developing rail infrastructure segmentRead more
Indian Armed forces make strategic moves following UAV, helicopter studies
According to defense sources, the study on UAVs has been completed, resulting in a recommendation to procure 31 MQ-9B High Altitude Long Endurance (HALE) UAVs and 155 Medium Altitude Long Endurance (MALE) UAVs.Read more
Indian govt to scrap 11,000 aging central armed police force vehicles
The Ministry of Home Affairs has also requested all state governments and Union Territory administrations to take necessary steps for scrapping worn-out operational vehicles of state police organisations and to replace them with better technology and fuelRead more
India boosts Make in India with Rs 45,000 cr defense hardware purchase
This comprehensive purchase encompasses new fighter aircraft, missiles, versatile light armoured vehicles, integrated surveillance and targeting systems, as well as survey vessels, all designed to modernise its armed forces.Read more
Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL
The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more
Siemens supplies the world's biggest gearless conveyor drive system
Nuremberg, Germany, October 06, 2015 – Siemens has supplied the world's biggest gearless conveyor drive system to the Cuajone Mine in Peru, which is operated by the Mexican mining company Southern Copper Corporation (SCC). The modernisation project will entail the installation of a new gyratory crushing and conveyor system by 2016. The belt conveyor will replace a railway system currently used to transport the ore out of the mine to the processing plant. The Integrated Drive System (IDS) Read more
