
Govt Launches 3 SRTMI Initiatives to Boost R&D in Steelmaking

Shyam Metalics Forays into Crash Barriers with Expansion Plans
Shyam Metalics, one of India’s leading integrated metal producers, has announced its entry into the crash barrier segment, targeting an 8–10 per cent market share in FY 2025–26. The company has commenced production at its Giridih facility, which has an annual capacity of 24,000 MT and employs over 150 professionals. To meet rising demand, driven by a projected 25 per cent annual growth in crash barrier requirements, Shyam Metalics is investing Rs 500 million to set up a new facility at Sambalpur with 60 KTPA capacity, catering to South and West India. In FY 2026–27, it plans an ad..

MP CM launches Rs 241 cr projects in Mauganj
Madhya Pradesh Chief Minister Mohan Yadav recently inaugurated and laid foundation stones for projects worth Rs 241.33 crore in Mauganj, covering infrastructure, welfare and tourism.Key initiatives include the construction of tehsil buildings at Naigadhi and Devtalab, upgradation of the Devtalab hospital into a Community Health Centre, and the creation of a Shivlok at Devtalab. For tourism, Rs 10 crore has been allocated to develop the Bahuti Waterfall and to undertake beautification works at the Ashtbhuja Mata Temple.To boost connectivity, a new 11 km road will link Teepa Bador with Garhwa Ro..

PMI Electro Mobility begins e-bus rollout in Mumbai with BEST
PMI Electro Mobility has commenced the first phase of its electric bus deployment in Mumbai. On 6 September, four 12-metre e-buses were flagged off as part of a 250-bus fleet. The services will be managed by PMI’s subsidiary, Mumbadevi Mobility, in collaboration with the Brihanmumbai Electric Supply and Transport (BEST).The buses will operate from the Oshiwara Depot, strategically selected to serve high-demand routes and improve urban connectivity.Aanchal Jain, CEO of PMI Electro Mobility, said the rollout highlights Mumbai’s commitment to sustainable mobility. He added that the initiative..