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The government is all set to raise $15 billion or Rs 1 lakh crore that will be spent over five years for the infrastructure sector. In a recently held press conference, Nirmala Sitharaman, Union Finance Minister, Government of India told TrafficinfraTech that the government’s commitment towards attracting investment and public spending is out. The government is allocating nearly Rs 22,000 ...

With the growing penetration of IoT across various industries, dependence on IoT-enabled sensors that allow communication between devices has increased significantly, it is expected that the IoT-enabled sensors market in India is anticipated to expand at a CAGR of 62.96% to reach a value of Rs 81.07 billion by 2024, from Rs 4.83 billion in 2018. In recent years, India ...

Bentley Systems, Incorporated, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure, announced its call for nominations for the Year in Infrastructure 2020 Awards program. The awards, which are judged by independent juries of industry experts, recognize infrastructure projects for digital innovations that improve project delivery and/or asset performance. The deadline for ...

In a bid to facilitate improved mobility within Bengaluru, the Bangalore Metro Rail Corporation Limited (BMRCL) is installing Automatic Fare Collection (AFC) systems on a trial basis at Baiyappanahalli, Mysuru Road and Majestic metro stations. Namma Metro will implement the National Common Mobility Card (NCMC) system at all the 62 stations of the upcoming Phase 2 project when inaugurated in ...

Udaya Bhaskar Rao Abburu, CEO & Managing Director, iRam Technologies We welcome the budget. Finance Minister Nirmala Sitharaman has announced a series of measures to promote the power and Infrastructure sector, and we as a company are looking forward to its future scope. iRAM would be standing with finance minister’s initiative to make the industry and commerce sector more technologically ...

In a move to address country’s transportation needs, both in the passenger and freight segment, Indian Railways plans to improve its service levels and operating efficiency. As a part of this endeavour, railways would soon implement the RFID project which aims to automatically and accurately track & trace rolling stock across the country with a special focus on improving their ...

To accelerate the adoption of EVs in India, Tata Motors has launched India’s Electric SUV – the Nexon EV. The Indian auto major is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata Autocomp, Tata Motors Finance and Croma, to create an e-mobility ecosystem,  Tata uniEVerse. Powered by  Tata uniEVerse, consumers will have access to a ...

Indian government is working on an electric highway between New Delhi and Mumbai at a cost of about Rs 1 lakh crore and has already awarded 60% of the contract. The highway will be a 1,300 km, 12-lane green highway, which will pass through the economically backward areas of Haryana, Rajasthan, Gujarat and Maharashtra will help the Centre save Rs 16,000Cr on ...

Mumbai Metro One recently announced two new travel products: a return journey token and an unlimited monthly pass. The pass is basically an upgrade of the existing 45-trip monthly pass, which will continue to be available to commuters of Mumbai Metro One. The new pass allows commuters to take unlimited rides on the Metro during the validity period of 30 ...

According to the Haryana Government, Haryana Mass Rapid Transport Corporation (HMRTC) will be implementing the revised Gurugram-Manesar-Bawal metro project instead of HSIIDC. The decision was taken after the approving major changes in the existing alignment plan of the proposed Huda City Centre-Gurugram Railway Station Metro corridor. As per the revised plan, the Metro route will now start from the Gurugram ...