NITI Aayog CEO: Indian economy can double by 2030

20 Sep 2024 CW Team

The Chief Executive Officer of NITI Aayog, Parameswaran Iyer, has expressed confidence that the Indian economy has the potential to double by 2030. Iyer highlighted that this ambitious growth can be achieved by leveraging various sectors, particularly through sustainable practices and innovations. He emphasized that climate change should not only be viewed as a challenge but also as a significant opportunity for India. By focusing on renewable energy and green technologies, India can position itself as a leader in the global market.

Iyer noted that investments in infrastructure, health, and education will be crucial in realizing this economic transformation. The government's commitment to policies aimed at enhancing productivity and sustainability will play a vital role in attracting foreign investments and boosting domestic industries.

Furthermore, he mentioned the importance of collaborative efforts between the public and private sectors in addressing climate change. By harnessing the potential of technology and innovation, India can create a resilient economy that thrives amidst global environmental challenges.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..