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PM inaugurates construction work of Agra Metro project The Prime Minister Narendra Modi inaugurated construction work of Agra Metro project in Agra, Uttar Pradesh through video conference. Union Minister of Housing and Urban Affairs Hardeep Singh Puri; Chief Minister of Uttar Pradesh Yogi Adityanath, and other dignitaries attended the event. Speaking on the occasion, the Prime Minister said, “This metro project, worth over Rs 8,000 crore, will strengthen the mission related...

SJVN signs MoU with IREDA for Green Energy Projects SJVN Limited, a PSU under Ministry of Power, has entered an MoU with Indian Renewable Energy Development Agency Ltd. (IREDA). Under the agreement, IREDA, a PSU under Ministry of New & Renewable Energy, will provide its services to SJVN for Green Energy projects. Commenting on the occasion Nand Lal Sharma, Chairman & Managing Director said that as per MoU, IREDA will undertake...

VECV starts production at its new truck plant at Bhopal VE Commercial Vehicles Ltd. started the commercial operations at its new truck manufacturing unit at Bagroda near Bhopal. This is the 8th manufacturing facility of VECV in the state of Madhya Pradesh and has been set up with Industry 4.0 standards. In the first phase, the plant will have the capacity to manufacture 40,000 trucks per annum. The Chief Minister of...

India’s renewable power capacity is 4th largest in the world: PM India in last 6 years has increased its installed renewable energy capacity by two and half times and that the country’s renewable power capacity is 4th largest in the world, Prime Minister Narendra Modi said during his speech at recently concluded RE-Invest 2020, a 3-day summit organised by the Ministry of New and Renewable Energy. “Our annual renewable energy capacity...

Govt coming up with many structural reforms in mining sector: Pralhad Joshi The government is coming up with many structural reforms in the mining sector to realise its true potential, said Union Minister for Coal and Mines Pralhad Joshi said while addressing the 15th edition of Global Mining Summit and International Mining & Machinery Exhibition. He said, “The proposed structural changes in the mining sector aim to increase participation of the...

India's manufacturing PMI slips to 3-month low in Nov India's manufacturing sector lost growth momentum in November, as a slower order flow and COVID-related restrictions impacted output. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.

Pharma and medical device industry shown positive response for PLI: Govt Production Linked Incentive (PLI) schemes for bulk drugs and medical devices have shown a very positive response from the pharmaceutical as well as the medical device industry. According to the official information, 215 applications made by 83 pharmaceutical manufacturers have been received under the PLI Scheme for bulk drugs. Similarly, 28 applications made by 23 medical device manufacturers have...