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ECONOMY & POLICY

News, Events

The Wirtgen Group introduced two new universal class Vögele pavers: Super 1900 -3 G and Super 1900-3 P for India, which was celebrated with a launch event in the presence of over 200 esteemed customers at the company’s Pune facility. A tour of the company’s modern plant, technology present...

The Wirtgen Group introduced two new universal class Vögele pavers: Super 1900 -3 G and Super 1900-3 P for India, which was celebrated with a launch event in the presence of over 200 esteemed customers at the company’s Pune facility. A tour of the company’s modern plant, technology presentations and the company’s most innovative machines showcased along with a live demonstration of the company’s paving technologies made it a very exciting event.ABB India has established a smart centre for electrician training in Faridabad, Haryana in partnership with the Electronics Sector Skills Council of India (ESSCI) in the presence of Sujeet Gusain, Location Industrial Relation Manager, Faridabad, ABB India, Saroj Apato, Vice-President, ESSCI, Rajeev Singh, AGM and Dr Abhilasha Gaur, CEO, ESSCI, etc. The initiative will select, train and provide job opportunities for candidates who will receive 540+ hours of training. ESSCI will facilitate job placements.The Indian data centre sector saw a significant uptick in IT capacity, adding about 71 MW across key micro-markets in the first half of 2024, reports Savills India. This addition has increased the total stock to 942 MW, marking a 21 percent growth from 778 MW recorded in the same period last year. Mumbai accounted for 54.9 percent of total capacity followed by Chennai, Bengaluru and Pune with 12.3 percent, 8.2 per cent and 7.2 percent. Srihari Srinivasan, Director and Lead Data Centre Services, Savills India spoke of strong demand for data centre capacity in India by the end of 2024 with an expected requirement of 400 MW across major cities. This growth is propelled by surging internet usage, advent of 5G and increasing adoption of AI and IoT.    

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Infrastructure Transport

NHAI to Build 6-Lane Agra-Gwalior Expressway on BOT (Toll) Mode

To enhance connectivity between the tourism hubs of Agra and Gwalior, National Highways Authority of India (NHAI) will develop 88 km long 6-lane access controlled Agra-Gwalior Greenfield Expressway (NH-719D). NHAI, today signed a concession agreement for the implementation of project with GR Infraprojects, in presence of NHAI Chairman, Santosh Kumar Yadav and senior officials of NHAI and the Concessionaire. The Agra-Gwalior Greenfield Expressway will start from Deori village in Agra and terminate at Susera village in Gwalior. The project shall be developed at a Total Capital Cost of Rs 46.13 b..

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Infrastructure Transport

Cabinet Nods 166.8-km NH-6 Greenfield Corridor on HAM Mode

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the proposal for Development, Maintenance and Management of 4-lane Greenfield Access Controlled 166.80 km of National Highway No. 06 from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on Hybrid Annuity Mode as an access controlled greenfield High-Speed Corridor at a total capital cost of Rs 228.64 billion. The project length of 166.80 km lies in Meghalaya (144.80 km) and Assam (22.00 km). The proposed Greenfield high-speed corridor will improve the service level ..

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Infrastructure Urban

Commercial Ops Begin at Multi-Modal Logistics Park in Nagpur

Under the PM Gati Shakti initiative of Prime Minister with the aim to provide seamless and efficient connectivity for the movement of people, goods and services across various modes of transport, thereby enhancing last-mile connectivity and reducing travel time, and under the guidance of Union Minister of Road Transport and Highways, Nitin Gadkari, the Multi Modal Logistics Park, Nagpur (MMLP Nagpur) at Sindi, near Wardha commenced its commercial operations with a goal to establish a faster link. The MMLP Nagpur established by National Highway Logistics Management (NHLML), a 100 per cent own..

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