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Thursday , 25 May 2023

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UNION BUDGET RESPONSE

Nitin Nakhat, Proprietor, Shri Balaji Road Marking Machines The Union Budget 2022 – 2023 is a realistic, forward looking budget. The enormous capex from the government would be a huge boost for all sectors and create unprecedented opportunities. The biggest buyer in any economy is the government, and this buyer is opening up its purse. Also incentives to manufacturing will ...

Three metro stations in Gurugram to be equipped with facial recognition cameras

GURUGRAM (Metro Rail News): The Gurugram Metropolitan Development Authority (GMDA) will deploy facial recognition cameras at three Metro stations in the city to boost security systems, authorities announced on Monday. The Delhi Metro Rail Corporation has given approval for facial recognition cameras to be installed at Sikanderpur and MG Road Metro stations, according to authorities, while talks are underway to ...

UNION BUDGET RESPONSE

Akhilesh Srivastava World Economic Forum Leading Road Safety 2.0 in India An excellent and futuristic budget. With increased expenditure on Infrastructure, the government’s vision and commitment is very clear. The budget will take India to a $10 Trillion USD economy. The focus on multimodal and new logistics parks will reduce overall Logistics cost and improve efficiency (provided everything works synchronously) ...

UNION BUDGET RESPONSE

Ashish P. Dhakan, MD & CEO, Prama Hikvision India Pvt. Ltd. A pro-growth budget with a vision for the new emerging India. India’s progressive Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. It has a pro-technology focus with futuristic vision. A special thrust on promotion of Digital India and adoption of ...

Budget 2022 – 2023

Union Budget 2022 – 23 has now been hailed as a progressive, forward looking one. It sets the stage for sustainable growth. Apart from new taxes and subsidies, and focus on capex & MSMEs, the budget gives a boost to Centre’s Gati Shakti programme. The Multimodal plan is envisaged to help improve India’s logistics sector as well. Here are the ...

Tork Motors launches electric motorcycle

Bharat Forge-backed electric two-wheeler maker Tork Motors  has launched its electric motorcycle KRATOS, along with a variant. The vehicle is  equipped with a 4kWh battery which has a range of 120 km and can accelerate (0-40 kmph) within 4 secs along with a maximum speed of 100 kmph.  KRATOS-R has 9 kWh battery and can accelerate from 0-40 kmph in ...

Bescom to set up 63 more EV charging stations

Bangalore Electricity Supply Company Ltd has decided to set up 63 charging stations under public-private partnership model.The company has set up 136 EV charging stations — 106 AC and 30 DC chargers — in Bengaluru, in line with EV and energy storage policy. The plan is to expand the current network. As per the report, Karnataka has 2.7 crore vehicles, ...

Track package contract signed for bullet train

As per the recent reports,  National High Speed Rail Corporation Limited (NHRCL) has signed an agreement with IRCON International Limited for design, supply and construction of track and track related works for Double Line High Speed Railway (237 Km between Vadodara and Vapi in the state of Gujarat) for Mumbai-Ahmedabad High Speed Rail corridor (MAHSR T-2 Package).  The ballastless slab Track ...

Hero Electric Partners with Mahindra & Mahindra

India’s leading electric two-wheeler company Hero Electric, and the Mahindra Group are  partnering to strengthen joint development and manufacturing.  As part of the partnership, Mahindra Group will manufacture Hero Electric’s popular electric bikes – Optima & NYX at their Pithampur plant to meet the market’s growing demands. With this collaboration and the expansion of their existing facility, Hero will be able ...

CESL launches tender for EVs

State-run Convergence Energy Services Ltd has launched a tender worth about Rs 5,500 crore to procure as many as 5,580 electric buses including 130 double deckers. This initiative is under the ‘Grand Challenge’ — a set of homogenized demand for electric buses aggregated across five major cities, according to a statement. The cities to be covered under Grand Challenge are ...