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Balu Forge and Swan Energy partner for railways, defence, and aerospace ventures

According to an exchange filing, BFIL will hold a 40% stake in the SPV, with SEL taking the remaining 60%. Read more

BEML submits lowest bid for 70 driverless trains for Chennai Metro Phase II

The contract is valued at approximately Rs 36 billion, with the trains likely to be produced in Bengaluru. Read more

BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

Gateway Distriparks launches double stack rail services at ICD Faridabad

With the addition of ICD Faridabad, GDL now operates Double Stack services at three hubs, including its ICDs in Gurgaon and Viramgam, all connected through the WDFC. Read more

Indian Railways and Switzerland’s DETEC partner for technological collaboration

The renewed agreement builds on an original MoU from 2017, which covered areas like traction rolling stock, EMU train sets, propulsion equipment, electrification, and station modernisation.Read more

Freight corridors fuel equitable economic growth across India: Study

The DFC network spans 2,843 kilometers across seven states, with the 1,337-km Eastern DFC fully operational from Ludhiana to Sonnagar, Bihar, and the 1,506-km Western DFC nearly complete, connecting Dadri, Uttar Pradesh, to Mumbai.Read more

KEC International wins new orders worth Rs 11.42 billion

The business has secured orders for T&D projects in Middle East and USA.Read more

Indian Railways drives the Indian demand for stainless steel: Tarun Kumar Khulbe

In this interaction with Rakesh Rao, Tarun Kumar Khulbe, CEO, Jindal Stainless delves into the increasing use of stainless steel in Indian Railways.Read more

Ramakrishna Forging to manufacture Vande Bharat and metro coaches in Jamshedpur

Despite these industrial advancements, Adityapur continues to grapple with infrastructure issues such as poor roads and inadequate drainage systems, which have persisted for over five years.Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

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