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Industry leaders react positively to the interim budget 2024-25

The Interim Budget also contained a number of announcements and strategies indicating directions and development approach for making India Viksit Bharat by 2047. Here are the reactions from the industry leaders on the interim budget 2024-25.Read more

Budget 2024: Economic railway corridors to optimise logistics: Akshat Pushp

The emphasis on dedicated freight corridors is particularly noteworthy, presenting a potential game-changer for the supply chain sector, said Akshat Pushp, Chief Business Officer, Apollo Supply Chain.Read more

Interim budget 2024-25: Govt plans Rs 11.11 trillion capex for this year

FM Nirmala Sitharaman proposed setting up of a corpus of Rs one trillion for India’s tech savvy youth. For railways, three major economic railway corridor programmes - energy, mineral and cement corridors, port connectivity corridors, and high traffic density corridors - will be implemented.Read more

The need for speciality lubricants is growing in many industries

In this interview with Rakesh Rao, Hitendra Bhargava, CEO & Regional Management Board Member Asia Pacific, Klüber Lubrication India Pvt Ltd, elaborates on the trends in the end-user industries and how Klüber Lubrication is gearing up to tap these trends.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

Jupiter Wagons secures Rs 100 cr contract for innovative double decker automobile carrier wagons

These towering Double Decker Automobile Carrier Wagons boast the capability to transport SUV editions on both the lower and upper decks.Read more

K-RIDE invites bids for 306 coaches in Bengaluru suburban railway project

K-RIDE, a collaborative effort between the state and union governments, is overseeing the development of the 149-km BSRP spanning four corridors: Sampige, Mallige, Parijata, and Kanaka.Read more

ArcelorMittal, IIT Madras forge partnership for Asia's first hyperloop test track

Both ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS) are contributing foundational steel materials, along with their engineering, design, and project management expertise to facilitate the development of the Hyperloop test track.Read more

Texmaco Rail & Engineering secures Rs 1,374 cr order from Indian Railways

The first tranche of 1,133 wagons is to be delivered by December 31, 2024 while the second tranche of 1,133 wagons is to be delivered by June 30, 2025.Read more

Jupiter Wagons secures Rs 1,617 cr Rail Contract for 4,000 BOXNS Wagons

Jupiter Group, the parent company, specialises in manufacturing railway wagons, components for passenger coaches, and alloy steel casting for rolling stocks and tracks.Read more

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