In order to drive industrial development across Karnataka, the Karnataka Government has reportedly approved 1,958 projects with an investment of Rs 3.5 trillion. Karnataka is expected to be the first state in the country in fiscal 2018-2019 in attracting such investments. These projects have the potential to create jobs for over 1 million people.
The Smart Cities mission is central to the overall strategy to accommodate the massive urbanisation that is expected in the future. The government’s mission to develop smart cities opens up massive opportunities for contribution from various organisations, thinkers, technology providers, etc.
Gujarat has signed 16 MoUs with Israel on issues pertaining to agriculture, water management, start-up innovation and smart city. For the formulation and execution of these MoUs, a high power committee has been set up.
Expansion of Siemens’ offerings with industry-specific software for the mobility sector – rigorous implementation of digitalisation strategy. HaCon to be managed as separate legal entity and wholly-owned subsidiary of Siemens AG in the Mobility Division. Transaction still subject to approval by antitrust authorities, with closing planned for first half of calendar 2017.
Doubts have emerged over the eligibility of Adani´s rail link for public funding as the company pushes ahead with plans for the controversial Carmichael coal project with a promise of 600 jobs at a new operational headquarters in Townsville.
Bauma China 2016, the 8th International trade fair for construction machinery, building material machines, mining machines and construction vehicles, was successfully held between November 22-25, 2016, at the Shanghai New International Expo Centre (SNIEC)
The Australian Government has invoked special powers to help progress Adani´s $15.95 bn Carmichael coal and rail project. This step bundles together major elements - the mine, the 389-km rail line, and the water infrastructure, including a pipeline, pumping stations and a dam upgrade.