RLDA Launches ISFM Model at Gomti Nagar, Chandigarh Stations
Rourkela Steel Plant To Double Capacity To 9.8 MT
Union Steel Minister H.D. Kumaraswamy on Wednesday announced a major expansion plan for the Rourkela Steel Plant (RSP) of Steel Authority of India Ltd (SAIL), outlining a proposal to double its capacity to 9.8 million tonnes per annum. The announcement came a day after the Minister inaugurated a modern steelmaking facility at RSP. He emphasised that the project would play a crucial role in boosting the region’s socio-economic development and strengthening India’s overall steel production capability. In a statement, Mr Kumaraswamy confirmed that the Centre is committed to supporting the e..
Healthium To Invest Rs 1.5 Billion In New Sri City Medtech Unit
Healthium Medtech has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to establish Healthium Medtech Unit 2 at the Sri City Industrial Park in Tirupathi district, Andhra Pradesh. The investment of Rs 1.5 billion will be made in two phases. The new unit marks an expansion of Healthium’s existing operations in Sri City, where the company began manufacturing sutures and meshes in 2012. “The addition of Unit 2 consolidates the company’s foothold in a region that has matured into a competitive hub for medtech manufacturing,” the company..
Uttarakhand Gets Rs 1 Billion Incentive For Mining Reforms
The Central Government has approved an incentive of Rs 1 billion for Uttarakhand for meeting several reform-linked targets in the mining sector for the 2025–26 financial year. The allocation, issued under the Special Assistance Scheme, follows the state’s performance in implementing reforms related to minor minerals. According to an Office Memorandum dated 18 November, Uttarakhand met six of the seven major criteria assessed during the latest review. These included transparency measures, regulatory efficiency, monitoring systems and reforms aimed at streamlining mining operations. The sta..
