This company, established in 1910 and headquartered in Finland is one of the oldest companies in the automated mobility space with offices in over 60 countries. The company set up its new India Technology and Engineering Centre (ITEC) at Pune to serve its various units across the world. This is one of the seven such global centres of this multinational.
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD145-million loan to India to improve irrigation service delivery and strengthen flood risk management in West Bengal. Earlier this month, AIIB President Jin Liqun also approved a USD 65-million 250-megawatt (MW) solar power project in Jodhpur.
Incorporated in 2016, the Sagarmala Development Company Ltd (SDCL), which is under the administrative control of the Ministry of Shipping, focuses on providing equity investments for projects across road, rail, logistics and port infrastructure as part of the Sagarmala programme
The Centre has finally given a green nod for the Jamrani dam project in the state of Uttarakhand after it was first proposed to the government in the 1970s. 40 years after, the project which is estimated to be worth Rs 25.84 billion, is now set to gain ground at a fast pace.