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Alstom opens components manufacturing facility in Coimbatore

With an average investment of Euro 25 million, the new site - the largest components manufacturing facility in Asia - is dedicated to improving industrial efficiency in manufacturing components for various prestigious national and international projects.Read more

L&T unveils full span launching equipment for high-speed rail project

The full span launch equipment comprising first-of-their-kind Straddle Carriers and Girder Transporters will transport and erect full span girders as a single piece for the double track.Read more

Godrej & Boyce, Indian Railways to co-develop universal coach assembly station

Godrej Tooling, a business unit of Godrej & Boyce (the flagship company of the Godrej Group), has partnered with the Indian Railways to design and develop the Universal Coach Assembly station as an indigenous solution for Coach Assembly fabrication in the brand new Marathwada Railcoach Factory in Latur, Maharashtra. The Universal Coach Assembly Station has cut the time it takes to assemble a coach from 24 hours to 12 hours.Read more

Metravi is working on next-gen instruments

The government’s push to boost manufacturing in India accompanied by relative increase in exports is forcing companies to focus on production of quality products. This, in turn, is leading to rise in demand for instrumentation. With more than 50 years of experience in the field of test & measuring (T&M) equipment, Metravi offers solutions for everything - from IoT enabled meters to customised solutions. In this interview, Vikram Bhansali, Managing Director, Metravi Instruments Pvt Ltd, exRead more

Godrej & Boyce and Indian Railways to develop universal coach assembly station

The Universal Coach Assembly station is designed and developed with an auto welder setup to boost productivity and further accelerate the vision of Aatmanirbhar Bharat. Godrej Tooling eyes Rs 100 crore business in the industrial machines LOB in the next 3 years.Read more

GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs

According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more

Alstom delivers 100th electric locomotive of 12,000 HP to Indian Railways

As part of the contract worth Euro 3.5 billion won in 2015, Alstom will be supplying 800 fully electric high-powered double-section locomotives of 12,000 HP (9 MW) for freight service. This is the largest FDI project in the Indian Railway sector.Read more

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

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