TEXMiN Signs Pact With GSI For Critical Mineral Exploration

26 Mar 2026 CW Team

TEXMiN at the Indian Institute of Technology (Indian School of Mines), Dhanbad (IIT (ISM)) has signed a memorandum of understanding with the Geological Survey of India (GSI) to collaborate on research, technology development and capacity building in critical mineral exploration. The agreement, concluded this week, was presented as a strategic step to advance innovation-led exploration and to strengthen India's mineral security ecosystem.\n\nThe collaboration will focus on integrating advanced geoscientific methods, data analytics and laboratory research to identify and evaluate critical mineral resources. It will also include joint projects intended to develop deployable technologies and to build institutional capacity through training and knowledge exchange. The partners intend to align research priorities with national needs in order to support sustainable and scalable exploration approaches.\n\nThe memorandum provides for collaborative programmes with an emphasis on deploying cutting-edge tools and on creating scalable solutions tailored to the exploration sector. The institute stated that the agreement allows for the onboarding of third-party start-up agencies where required to accelerate innovation and to ensure practical implementation of research outcomes. Joint supervision of field studies, technology demonstrations and pilot projects will form part of the implementation plan.\n\nOfficials described the pact as likely to catalyse private and public sector engagement in the search for strategically important minerals and to reduce reliance on external sources. The partnership is expected to generate research outputs that inform policy, guide investment and support the development of homegrown exploration technologies. Both institutions will proceed to set up working groups to define project timelines, funding modalities and capacity building schedules. A timeline for initial projects and resource commitments will be announced in due course.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..