In March 2020, I had recorded a video where I had forecast that this would be a golden opportunity for India to build itself as an alternative manufacturing hub for the world.
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JK Lakshmi Cement will selectively invest in augmenting existing capacities in the northern and western markets in the coming years to increase its footprint and market share.
The cement industry is now eyeing capacity expansion in eastern India with most players investing in this region. Shree Cement has announced a `6 bn investment in West Bengal to establish a cement grinding mill. UltraTech is adding nearly 7 mt to its existing base of nearly 120 mt.
Ambuja Cements plans to expand the production capacity of its Cement Grinding Unit by 1.5 mtpa at its Ropar plant in Punjab with an estimated investment of `3.1 billion over the next two years.The expansion is expected to be completed by June 2023.
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JCB India has launched its all-new range of CEV Stage-IV compliant wheeled construction equipment vehicles. The launch of these machines makes JCB India the first company in the industry to have brought in the CEV Stage-IV emission standards across its range of wheeled machines.
PASCHAL supported Schleith GmbH Baugesellschaft, with complete services and systems for engineering Structures 4 and 5 on the new 2.132-km-long road of the B34 bypass, which is part of the German Federal Transport Infrastructure Plan 2030.
JLG has created an optional seat belt system which makes it essential to wear it. The option seatbelt is being offered on JLG 1255, 1055, 1043, 943, and 742. The seatbelt system comprises operator presence functionality and seatbelt engagement assurance, including the highly visible orange seatbelt.
Liebherr has sold its 2000th 34 K fast-erecting crane to the Swiss construction and transport company, Mathis Bau AG. The crane’s flexibility enables it to cover a broad spectrum of scenarios ranging from the construction of single-family homes and apartment buildings all the way to exclusive villas.
Hindustan Petroleum Corporation (HPCL) has invited e-bids for pre annual maintenance contract (AMC) services and comprehensive annual maintenance contract (CAMC) for solar power plants of 628 kW capacity in Tamil Nadu.
The Andhra Pradesh energy department will set up pumped hydro storage power projects (PSP), having a total capacity of 33.24 GW, across 1.45 lakh acre in Kurnool, Kadapa and Anantapur districts.
A JV of the Indian Railways and RITES, Railway Energy Management Company (REMCL), has floated a tender to develop 210 MW of grid-connected solar projects on vacant railway land under the Domestic Content Requirement (DCR) category.
ReNew Power is set to invest $1.2 billion to supply 400 MW of power and has signed a long-awaited power purchase agreement (PPA) with the state-run Solar Energy Corporation of India (SECI).
The Ministry of New and Renewable Energy (MNRE) has invited an expression of interest (EoI) from consultants to assess the solar parks and ultra-mega solar power projects development.
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The National Thermal Power Corporation (NTPC) has announced that the Railways have agreed to its proposal for improving infrastructure by doubling the railway tracks and augmenting coal transport in Jharkhand. NTPC is now planning to expand coal production at its Pakri-Barwadih captive mine in Hazaribagh to satisfy the growing demand from the power generating units.
For the construction of flyover embankments, the Ministry of Road Transport and Highways has asked construction companies to promote fly-ash bricks, blocks, and tiles.
The proposal of alignment of four new four-lane road projects by the NHAI to improve the road communication network in Bihar has received approval from the state government. The road projects planned by NHAI comprise a four-lane road between Buxar and Varanasi, Barauni and Muzaffarpur, Mokama and Munger, and Buxar and Haidaria. The state government gave its nod for the widening of the two-lane road existing between Barauni and Muzaffarpur through Musri Gharari, Bachhwara and Dalsingh Sarai. The Mokama to Munger road is a greenfield project, which will pass through Manoharpur and Lakhisarai.
Sunhearrt Group and Ajanta Oreva Group have formed a JV for India's biggest vitrified tile plant. The plant will be operational as the first largest plant in the Indian ceramic industry in a total area of 99 acre.
Greenply Industries has forayed into the Medium Density Fiber (MDF) boards business. The greenfield manufacturing plant would be setup in Vadodara District, Gujarat, with an estimated cost of Rs.5.48 bn. For this purpose, the Board of Directors of the company announced the acquisition of Baahu Panels as a wholly owned subsidiary.
The Asian Development Bank (ADB) has approved an additional loan of $300 mn for the ongoing Maharashtra Rural Connectivity Improvement Project, which is upgrading rural roads and joining remote areas with markets in Maharashtra.
Coal India arm Northern Coalfields (NCL) has made a collaboration through an MoU with the Madhya Pradesh Tourism Board to promote and upgrade the Singrauli eco-tourism circuit, giving a push to mine tourism under sustainable development initiatives.
The Central Government has decided to spend Rs.72.05 bn to eliminate traffic bottlenecks by realigning key highways in Punjab under the National Highway Development Project (NHDP)
Hitachi ABB Power Grids in India (ABB Power Products and Systems India) has successfully commissioned one of India’s longest ultra-high voltage direct current (UHVDC) transmission links for Power Grid Corporation of India
The Ministry of Road Transport and Highways has approved Rs.6.15 bn out of the Central Road and Infrastructure Fund (CRIF) for constructing 42 roads and bridges in Utarakhand as a result of the state government's efforts.
The Uttar Pradesh Metro Rail Corporation (UPMRC) has invited bids for developing an underground section of Line-1 from the beginning of an underground ramp close to Fatehabad Road Metro station to the end after RBS college Metro station for the Agra Metro.
A pact has been signed between the JV company of the Uttar Pradesh Government and the SPV of Swiss developer Zurich International Airport AG for the handover of the 1,334-hectare at the project site in Jewar, as a stepping stone toward the development of Noida International Airport (NIAL).
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Phoenix One Bangalore West, from the Phoenix Group, has introduced new skyline homes at Tower 7 in the heart of the city, Rajajinagar. This residential-garden project offers unmatched luxury.
Saarrthi Groupwill be launching its latest project at Pune’s Mahalunge. The project is located at a prominent location less than an hour away from the airport and railway. Its proximity to Hinjewadi, Wakad and Baner and more than 200 IT hubs makes it an attractive project for those seeking employment options.
Runwal Group has launched its new phase ‘South Avenue’ at Runwal Gardens, in Mumbai. South Avenue is part of a 115-acre township that will feature multiple high-rise residential towers with over 100 amenities.
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Smart city works in Vizag are about to be completed as 95 per cent of the total works have been completed, and only one project is on the tender stage in the city, under the Smart Cities mission
Lucknow Smart City (LSCL) has issued a tender for the installation of rooftop solar systems of 8.5 MW under the renewable energy service company (RESCO) model on government buildings in Lucknow under the Smart City mission.
In the past three years, the Central Government has provided Rs.1.81 bn to Shimla and Dharamshala under smart city projects, according to State Minister of Housing and Urban (MoHUA) Affairs Suresh Bhardwaj.
Maharashtra Airport Development Corporation (MADC) is planning on upgrading the Shirdi Airport with a night landing facility and cargo and passenger terminals.
The government’s plan to use private firms to develop seven operational cargo berths worth Rs25 bn run by the state-owned ports has received approval from the industry.
The Tariff Authority for Major Ports (TAMP) will no longer be in charge of setting tariffs at the 12 major ports under Central Government control after 24 years.
The National High-Speed Rail Corporation (NHSRCL) has invited bids for the development of the Sabarmati rolling stock depot for the 508-km Mumbai-Ahmedabad High-Speed Rail (MAHSR) project
A Supreme Court-appointed panel has approved construction of the proposed Delhi-Alwar high-speed rail corridor to be built under the Aravalli Biodiversity Park and the extended ridge area, claiming that the project will not be environmentally harmful.
The National High-Speed Rail Corporation (NHSRCL) has invited bids for the development of the Sabarmati rolling stock depot for the 508-km Mumbai-Ahmedabad High-Speed Rail (MAHSR) project
Minister of Road Transport and Highways (MoRTH) Nitin Gadkari has announced the construction work of four and six-lane Greenfield Ludhiana-Rupnagar National Highway (NH-205K).
The Minister of Rural Development of Uttar Pradesh Rajendra Singh has decided to strengthen around 13,000 km rural roads under the government’s PM Gramin Sadak Yojana.
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The firm has bagged an order from Mahanadi Coalfields for pre-engineered turnkey execution for design-to-operation for a coal handling plant to transport coal.
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Anirban Sen, Underground Business Manager, Asia Pacific & India – Underground Division, Epiroc Mining India, speaks on government’s focus on Atmanirbhar Bharat, and how it would catapult growth for the CE market.
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Record made! The Border Roads Organisation (BRO), under the leadership of its Director General Lieutenant General Rajeev Chaudhary, has constructed the world’s highest motorable road at an altitude of 19,300 ft at Umlingla Pass in Eastern Ladakh.
Maldives has signed its largest-ever infrastructure project with Indian construction giant Afcons Infrastructure, led by its Managing Director S Paramasivan.
Under the guidance of Gurdeep Singh, Chairman and Managing Director, NTPC, the company has commissioned the country’s largest floating solar PV project of 25 MW on the reservoir of its Simhadri thermal station in Vizag.
Mumbai Metro Rail Corporation (MMRC) led by its Managing Director Ranjit Singh Deol has achieved a breakthrough on the fully-underground Colaba-Bandra-SEEPZ Mumbai Metro 3, completing 97 per cent tunnelling on this line. It has so far tunnelled 52.60 km of the 54.50 km double line
Big news for Vedanta Aluminium! Under the leadership of its CEO Rahul Sharma, the company has become India’s largest green power purchaser on the Green Market at the Indian Energy Exchange (IEX) platform in Q1 FY2021-22.
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The demand for crushers and screens are rising consistently due to the construction and infrastructure development projects such as roads, dams, and railways which are lined up.
The Energy and Resources Institute (TERI) and the Global Cement and Concrete Association (GCCA) India have signed a Memorandum of Understanding (MoU) under which the two aim to facilitate and accelerate sustainable development of the cement and concrete sectors, including their value chain partners across India.
Strong order books and improved project execution, supported by the Central Government’s thrust on infrastructure spending, will help large and diversified engineering, procurement and construction (EPC) companies rebound with a revenue growth of over 20 per cent this fiscal.
Is APAC Ready? research study by Deloitte, commissioned by Autodesk Foundation, explores the state of automation and the future of work across 12 Asia-Pacific (APAC) countries including Australia, Bangladesh, India, Indonesia, Japan, Korea, Myanmar, Pakistan, the Philippines, Singapore, Thailand and Vietnam.
India recorded total sales of 99,416 residential units in the first half of 2021 (H1 2021) across top markets, while new launches in the same period (January-June 2021) were recorded at 103,238 units, according to a recent Knight Frank report.
Singapore-based Xander Investment Management’s industrial platform has acquired an additional 1 million sq ft of warehousing space inthe Free Trade and Warehousing Zone (FTWZ) located in Sriperumbudur, near Chennai, Tamil Nadu.
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