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Global bullet train/high-speed rail market worth 5,287 units by 2025
The bullet train/high-speed rail market globally is estimated to be 3,626 units in 2018 and is projected to reach a market size of 5,287 units by 2025, growing at a CAGR of 5.54% during the forecast period.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
Delta’s brightest video walls at Lucknow Metro MRTS
Delta, a leading provider of video wall solutions, has provided its brightest laser video wall solution to the operations control centre of Lucknow Metro Rail Corporation.Read more
The invisible door opener
The elevator manufacturer Schindler transports more than a billion people every day. Its elevators operate in skyscrapers and apartment buildings, traveling up and down all day long. Yet no one ever actually stops to think about the little motors that open and close the doors.Read more
High performance plastic market to reach $ 6,979 million in 2021
The global high performance plastics market in the transportation industry was estimated to be $ 5,182 million in 2016 and this is projected to reach $ 6,979 million by 2021, growing at a CAGR of 6.1% during 2016-2021 on account of supportive government policies and regulations, growing usage of high performance plastics by automotive and aviation industries and rising demand for plastics (with higher temperature stability, chemical resistance and better mechanical properties) worldwide.Read more
ABB energizes transformer at world record voltage level of 1.2 million volts
Pioneering 1,200-kilovolt alternating current transformer technology for India’s ultrahigh voltage grid plan ABB has developed, manufactured and energized a 1,200-kilovolt (kV) ultrahigh voltage power transformer to support India’s plans to build a 1,200 kV transmission system, supplementing the existing 400 kV and 800 kV transmission grid as demand for electricity increases. Read more
Indian forklift operator reaches grand final of International Award
‘India Forklift Operator of the Year’ Srinivasa N D has beaten tough competition from across three continents to reach the Grand Finals of the International Forklift Operator of the Year, demonstrating that Prime Minister Modi’s ‘Make in India’ campaign really could become a reality as India shows it can compete with global talent.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