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Budget 2021 to boost public transport; Railways to spend Rs 1.07 trn in capex

The government plans to deploy two new technologies i.e. MetroLite and MetroNeo to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities. Read more

FM increases capex by 34.5% in Budget 2021-22 to Rs 5.54 trillion

In addition, more than Rs 2 trillion will be provided to states and autonomous bodies for their capital expenditure during the year. Indian Railways to spend Rs 1.07 trillion for capital expenditure in 2021-22.Read more

GeM has potential to reach Rs 5-7 trillion in GMV: Talleen Kumar

In this interview with Rakesh Rao, Talleen Kumar, IAS, CEO of Government e-Marketplace (GeM), which has annual sales of over Rs 630 billion in gross merchandise value (GMV), explains how GeM is making public procurement more transparent & efficient leading to creation of a vibrant buyer-seller ecosystemRead more

Hitachi ABB Power Grids wins Rs 120 cr order for Indian Railways electrification

The compny will deliver its transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), for the production of 400 passenger and freight locomotive engines.Read more

Gala Precision Engineering develops wedge lock washer— GALLOCK

These washers have been approved by Indian Railways and the company is the first Indian firm to supply wedge lock washers for LHB and ICF railway coaches. Read more

Lapp India to showcase signalling cable and connectors at IREE 2019

The company’s connector has a standardised design for the railway segment with enhanced durability due to its external weather and UV-resistance technologyRead more

Elgi Equipments launches oil free piston compressors at IREE for railways

These oil free air compressors for the Metro/EMU segment are indigenously developed and bear a lighter construction tag with noiseless operation at less than 66 dbARead more

Trelleborg to showcase anti-vibration technology at IREE for railways

At the International Railway Equipment Exhibition (IREE), the company will showcase how to enhance performance for rail operators through the reduction of noise and vibrationRead more

Budget 2019-20 proposes PPP model for faster development of railways

It is estimated that Rs 50 lakh crores will be needed for railway infrastructure between 2018 and 2030, while capex outlays of Indian Railways are around 1.5 to 1.6 lakh crores per annumRead more

We expect budget 2019-20 to give boost to railways: Suramya Nevatia

In the interim budget, railways got the highest-ever allocation for the year 2019-20, says Suramya Nevatia, CEO, Hind Rectifiers LtdRead more

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