Tamil Nadu: NDA allocated Rs 63.62 Bn for developing railways

20 Aug 2024 CW Team

Union Railway Minister Ashwini Vaishnaw stated on Monday that the NDA government had allocated a "record amount" of Rs 63.62 billion for the development of railways in Tamil Nadu. He remarked that this allocation is more than seven times the average annual allocation during the UPA era, which stood at only Rs 8.79 billion per year. The minister shared this information in a post on X.

In response to concerns raised by Chief Minister M. K. Stalin regarding the reduction in funds allocated for railway projects in Tamil Nadu, the minister suggested that projects could progress more swiftly if the state government supported the Centre in land acquisition efforts. He pointed out that only 807 hectares of land had been acquired so far, against a requirement of 2,749 hectares. The minister requested the Chief Minister?s intervention in accelerating the land acquisition process, adding that the Centre would meet the state halfway in its efforts. He assured that if the state took one step forward, the Centre would take two steps towards the development of railways in Tamil Nadu.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..