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BEML to expand Vande Bharat and metro trains; boost export revenue to 10%
The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more
BEML to deliver all 10 Vande Bharat Sleepers by year-end; trial run by August
Although the initial plan aimed for these trains to be operational by March, technical delays pushed the timeline forward. Read more
PLI railway push for local manufacturing of components for Vande Bharat & LHB
The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more
Titagarh Rail Systems to develop driverless metro trains
A critical supplier to Indian Railways, it currently produces 1,000 wagons a month.Read more
EVs present new challenges and opportunities for tool makers: Pankaj Abhyankar
In this interview with Rakesh Rao, Pankaj Abhyankar, Sr VP & Business Head, Godrej Tooling, explains the evolution of the tooling industry in India.Read more
Budgeting for growth?
The interim budget 2024-25, announced by Union Finance Minister Nirmala Sitharaman on February 1, 2024, has allocated Rs 11.11 trillion as capital expenditure (capex) for the next financial year – which is 3.4 per cent of the GDP and 11.1 per cent more than the planned capex of Rs 10 trillion for FY24.Read more
Record-Breaking budget plan for Indian Railways overhaul in 2024-25
The capital expenditure (capex) for the railways is poised for a substantial increase, projected to be around 25% higher than the 2023-24 budget estimates.Read more
Capturing the current status of the PM Gati Shakti scheme
Prime Minister Gati Shakti Scheme (PMGSS) has given a boost to Indian transportation system. Railways, roads and air travel, each sector has seen a swift shift with the initiatives and implementation.Read more
Indian Railways explores export opportunities for Vande Bharat locomotives
The current trains are suitable for broad gauge, customisation may be necessary to adapt to the standard gauges used by many countries globally.Read more
Investments push spurring growth in railway segment
With rail infrastructure expecting an investment of Rs 50 trillion by 2030, players in this sector will have abundance of opportunities to scale new heights.Read more