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Developments in India

Discussion in 'General Multimedia' started by designer2cad, Nov 8, 2013.

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  1. designer2cad

    designer2cad Captain SENIOR MEMBER

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    india culture .......muslim shop
     
  2. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Varanasi india
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  3. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Danaher opens its largest R&D unit in Bengaluru
    BENGALURU: Danaher Corporation, the Washington-based science and technology group, opened its largest global research and development centre in Bengaluru on Thursday. The $20-billion group, which is ranked 147 on the Fortune 500 list, said the India development centre here would be a global hub for high-end R&D.

    Spread over 100,000 square-feet, the unit has a strength of 500 people. "We are looking to expand with a $100-million outlay in the next two to three years. We aim to double our headcount during that time," Jai Shankar Krishnan, president of Danaher India, told TOI.

    The group has a range of companies that design, manufacture and market products and services to professional, medical, industrial and commercial customers. Its brands include Tektronix, Leica, Beckman Coulter, KaVo, Sciex and Fluke.

    "Today, we are a $500-million business in India with about 6,000 people. At the Bengaluru centre, we will concentrate on data analytics, internet-of-things and cloud computing. The unit will deliver high-end technology solutions for our global and local businesses. We picked Bengaluru because it has a lot of talent," Krishnan said.

    Danaher has other R&D divisions in India in Mumbai and Gurgaon. The group has applied for over 100 patents from India in the last three years.

    "We believe India has the strength to deliver more. We see this as a way to accelerate our R&D operations for global segments and concentrate more on our products for the India market," Jonathan Clark, senior VP-Asia, Danaher Corporation, told TOI.
     
  4. designer2cad

    designer2cad Captain SENIOR MEMBER

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  5. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Vivanta by Taj
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  6. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Amazon.com Inc. will set up its biggest campus outside its home base, the US, in Hyderabad and open a fulfilment centre near the city, as the online retailer beefs up its presence in the fast-growing Indian market.
    The Telangana government has allotted 10 acres to Amazon in Nanakramguda locality in Hyderabad and construction is expected to start soon, K.T. Rama Rao, the state’s information technology minister said. The ministry of environment and forests recently gave its clearance for the 2.5 million sq. ft facility.
    Rama Rao, who recently returned from a road show in the US, also said Amazon will be opening a fulfilment centre near Hyderabad, in addition to the one that’s already the country’s largest.
    “We were told when we visited Amazon’s headquarters in Seattle that they will be opening a larger fulfilment centre in Hyderabad,” Rama Rao said.
    Spread across 280,000 sq. ft, Amazon’s current fulfilment centre on the outskirts of Hyderabad is its biggest in the country.
    Amazon’s move to select Hyderabad as the location for its campus comes after technology firm Google Inc. picked the capital of Telangana to establish the biggest campus owned by the company outside the US.
    Amazon executives remained tight-lipped about the company’s plans. They declined to reveal the investment size or the timeline for the new facility.
    The world’s largest retailer operates 11 fulfilment centres across the country, spread across nine states, covering a total of 1 million sq. ft in space and a storage capacity of over 2.5 million cubic feet.
    Amazon.com founder and chief executive Jeff Bezos in July last year committed to investing $2 billion in India to take on local rivals. Amazon entered India as a marketplace in 2013
     
  7. designer2cad

    designer2cad Captain SENIOR MEMBER

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    V IT Park is India’s first platinum rated green IT Park ,hyderabad
    The V IT Park, a premium IT park managed by Ascendas, has been awarded platinum rating by the Indian Green Building Council (IGBC). The V, located within Hitec City, achieved this rating at the final review of IGBC Green Existing Buildings Rating and set a unique record of becoming the first IGBC Platinum Rated IT Park in India.

    The rating has been given on achieving all prerequisites under five environmental categories as defined by IGBC Green Existing Categories Buildings which include - site and facility management, water efficiency, energy efficiency, health and comfort and innovation
    Lee Fu Nyap, CEO, Ascendas India Operations, said, “This is a proud moment for Ascendas and the V team. To be first platinum rated IT park in the country makes it even more special. Five of our eight operational IT parks have won green awards for various environment friendly initiatives and this speaks volumes about our commitment towards responsible and sustainable development.”

    The V IT Park is spread across 20 acres and offers 1.2 million sq ft of quality space housing over 12,000 skilled IT and ITES .[​IMG]
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  8. designer2cad

    designer2cad Captain SENIOR MEMBER

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    designer2cad Captain SENIOR MEMBER

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    Darjeeling Himalayan Railway

    The Darjeeling Himalayan Railway is intimately linked with the development of Darjeeling as the queen of hill stations and one of the main tea-growing areas in India, in the early 19th century. The densely wooded mountain spur on which Darjeeling now stands was formerly part of the Kingdom of Sikkim. It was adopted by the British East India Company as a rest and recovery station for its soldiers in 1835, when the area was leased from Sikkim and building of the hill station began, linked to the plains by road. In 1878 the Eastern Bengal Railway submitted a detailed proposal for a steam railway from Siliguri, already linked with Calcutta to Darjeeling. This received official approval and construction work began immediately, and by 1881 it had been completed. Since 1958 it has been managed by the State-owned Northeast Frontier Railway.

    The DHR consists of 88.48 km of 2 ft (0.610 m) gauge track that connects New Jalpaiguri with Darjeeling, passing through eleven stations between the two termini. One of these, Ghoom, is the second highest railway station in the world, at an altitude of 2258m. Because it passes through a mountainous region, 73% of the total length of the line consists of curves, the sharpest of which is that between Sukna and Rongtong, where the track passes through 120°. There are six reverses and three loops on the line, the most famous of these being the Batasia Loop between Ghoom and Darjeeling. The steepest gradient is 1 in 18 (in zigzag reverses). The Toy Train, as it is affectionately known, affords breathtaking views of high waterfalls, green valleys that are often hidden by cloud, and at its end the splendid panorama of the snow-capped Kanchenjunga range. There are several distinct sections: the 10 km plains section between Siliguri and Sukna (partly urban and partly agricultural), the 11 km densely forested section from Sukna to beyond Rongtong, the 38 km largely deforested open hill section with its many tea gardens to Kurseong, and finally the 30 km alpine section to Darjeeling, dominated by stands of Himalayan pine and tea gardens
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  10. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Nilgiri Mountain Railway

    The history of NMR dates back to 1854 when proposals were first made by the British to build a railway up the hills. Work began on the Madras-Coimbatore line (5'6") in 1853, and the branch to Mettupalaiyam opened in 1873. The problem was how to replace the tedious ascent by bullock-cart or pony to Coonoor. In 1873, the district engineer of the Nilgiris, J.L.L. Morant, proposed building a rack railway, but the first offers were reclined. Sir Guildford Molesworth, the former engineer in chief of the Ceylon Government Railway, acting as consultant to the Government of India, advised a rack and adhesion line on the model of the Abt system built in the Harz Mountains in Germany. In 1882, M. Riggenbach, the Swiss inventor of Rigi rack railway, submitted a proposal for the construction of the railway line. This was accepted, and the Nilgiri Rigi Railway Company Ltd was formed in 1885. The work was inaugurated in 1891, and finally completed in 1908. Subsequently the railway was run by different companies, and was then incorporated into the Southern Railway in 1951. The British began to move into this region of India in around 1820, and the first railway projects were particularly early, in the 1840s. However the broad gauges then used (1.67 m) were basically incompatible with any idea of providing rail transport to the hill regions.

    The Nilgiri Mountain Railway consists of 45.88 km of a 1 m gauge single-track, partly rack-and-pinion railway that connects Mettupalayiyam to Udagamandalam in Tamil Nadu State. The railway can be divided into three sections:

    Some 7 km, from Mettupalaiyam to Kallar (elevation 405 m), across the central plain of Tamil Nadu, with its betel-nut palm and other plantations. Maximum speed is 30 km/h called the Blue Mountain Express, the name of which was changed recently to the native Nilgiri Express.

    The rack section of the line, from Kallar to Coonoor (elevation 1,712 m). There are 208 curves and 13 tunnels, and 27 viaducts. The Kallar Bridge over the River Bhawani, the Adderley Viaduct and the Burliar Bridge are examples of such composite bridges. Here, the railway climbs through almost uninhabited, tropical jungle.

    A stretch of 18 km runs through a landscape with dominant eucalyptus and acacia forest. The railway continues to climb across the Nilgiris until it reaches the summit, just before the terminus of Udagamandalam at 2,203 m.
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  11. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Eastern Dedicated Freight Corridor civils contract signed

    http://www.railwaygazette.com/news/i...ct-signed.html

    INDIA: Dedicated Freight Corridor Corp of India Ltd has awarded a design and build contract covering the civil works for the 402 km New Bhaupur (Kanpur) – Mughalsarai section of the Eastern DFC, which will eventually run for 1 839 km from Ludhiana to Dankuni near Kolkata.

    The Rs50·8bn contract was signed on May 27 with the GIL-SIL joint venture of GMR Infrastructure and SEW Infrastructure. It covers embankments, bridges, trackwork, maintenance depots and other buildings for the 100 km/h double-track freight line, and was awarded on a lump sum basis with financing from the World Bank.


    Contract awarded for Eastern Dedicated Freight Corridor

    http://www.railjournal.com/index.php...-corridor.html

    DEDICATED Freight Corridor Corporation of India (DFCCL) has awarded a Rs 50.8bn ($US 794m) contract to a joint venture of GMR Infrastructure and SEW Infrastructure to build a 402km section of the 1839km Eastern Dedicated Freight Corridor.


    The double-track section will link New Bhaupur and Mughalsarai, and is part of the central section of the new line which will connect Dankuni near Kolkata with Ludhiana. The project is being funded by the World Bank.


    L&T Construction bags orders worth Rs. 2,278 crores

    http://www.indiainfoline.com/article...1900140_1.html

    Heavy Civil Infrastructure Business: The Heavy Civil Infrastructure Business has won orders worth Rs.1,020 crores including add ons. The consortium of L&T and IHI Infrastructure Systems Company Limited, Japan, has received an EPC order from the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for the construction of special steel bridges over JNPT (Jawaharlal Nehru Port) - Vadodara and Rewari-Dadri sections of the Western Dedicated Freight Corridor. The project, divided into three packages consists of 8 steel bridges, 3 minor bridges and 2 RUBs (Road Under Bridge) as Package CTP 15 A in the JNPT-Vadodara section; a major long span steel bridge across river Narmada, a RUB as Package CTP 15 B in Maharashtra and Gujarat; and two major bridges across Yamuna and Hindon and a RFO (Rail Fly Over) as Package CTP 15 C in Haryana.


    Railways: Procurement process for high-powered locos gets traction

    http://economictimes.indiatimes.com/...w/47531829.cms

    NEW DELHI: Aiming at the procurement and production of 1,000 high-powered electric locomotives for its Dedicated Freight Corridor operations, the railways has kickstarted the process to award contracts for the same with the projects to involve its existing Dankuni unit and the proposed Madhepura factory.

    There will be 200 electric locomotives of 9,000 horsepower (HP) each that are to be produced at its Dankuni unit in West Bengal, Railway Member (Electrical) Navin Tandon said here today, adding that these engines are required for the Western Dedicated Freight Corridor.


    Delhi-Mumbai corridor gets Rs 4,300 crore

    http://www.business-standard.com/art...3001480_1.html

    The Union government is developing DMIC as a global manufacturing and investment destination by utilising the high capacity 1,483-kilometer-long Western Dedicated Freight Corridor (DFC) as the backbone. In the first phase, eight investment areas and industrial regions have been identified for development in Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh
     
  12. designer2cad

    designer2cad Captain SENIOR MEMBER

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    oost to Make in India: Modi govt awards 56 defence licences to private cos like Mahindra, Tata & Pipavav

    NEW DELHI: The Narendra Modi government has awarded a record 56 defence manufacturing permits to private sector entities in the past year, which is more than the 47 licences its predecessor UPA granted in the preceding three years combined and underlines its determination to have indigenous defence production as a cornerstone of its 'Make in India' drive.

    Data released by the Department of Industrial Policy and Promotion (DIPP) shows that a slew of applications, some of which had been pending for more than four years, have been cleared since the BJP government came to power, in what is a major endorsement by it of the Indian private sector's ability to operate in an arena that has until now been the preserve of foreign vendors and state-run entities. The permits are the first step in the process to enable firms such as Mahindra, Tata and Pipavav to set up production units for major military equipment.

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    The Tatas will now be able to upgrade major fighting units like the T 90 and T 72 tanks of the Indian Army, while Mahindra, which has been steadily expanding its defence business in the past year, has been given permits in a number of areas, including manufacturing naval systems like torpedoes, sea mines and boats.

    Subsidiary companies like Mahindra Telephonics Integrated Systems and Tech Mahindra LtdBSE -1.53 % too have got defence permits.

    The permits are not only for the big boys of Indian industry, many of whom have existing defence arms and will be able to diversify their portfolios.. A slew of new small firms are poised to enter the sector based on these clearances. Bullet Proof equipment manufacturer MKU for example will now be able to manufacture night vision devices.

    Bangalore-based Dynamatic Technologies has been granted a permit to manufacture Unmanned Aerial Vehicles.Pipavav Defence and Offshore Engineering Company (PDOC), which is now being acquired by the Anil Ambani-run Reliance, has got four permits to manufacture items ranging from medium tanks and howitzers to missiles, sensors and torpedoes. Experts said the government had done its bit and it was now up to the corporate sector to run with the baton.

    "It is now up to the private sector to leverage these enhanced flexibilities and deliver on the ground," said Ankur Gupta of Ernst & Young India.

    The expedited clearances are part of a series of measures taken by the government over the past year to open up the defence sector.

    Since taking charge in May last year, the government has increased the foreign investment limit for the defence sector to 49% and even up to 100% in select cases.

    It has already made the process for application online and the validity of the Industrial license has been enhanced to seven years. For smaller items like components, speedy DIPP clearances are already being given.

    A new defence procurement policy is expected over the next few weeks that will further clarify complex matters such as the offset policy, blacklisting process as well as a specific route for the Make in India process.
     
  13. designer2cad

    designer2cad Captain SENIOR MEMBER

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    In good news for MBA aspirants, the government on Wednesday cleared the proposal for the setting up of six new IIMs in the country, which will start offering courses from the coming academic session itself.

    The new IIMs will be located at Visakhapatnam (Andhra Pradesh), Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Nagpur (Maharashtra), Sambalpur (Odisha) and Amritsar (Punjab).

    Each institute will start with an intake of 140 students for the post-graduate course, the flagship programme of the IIMs, admission for which will be through CAT.

    It is expected that the annual intake will increase to reach a level of 560 students by the end of seven years, the government said in a release in New Delhi after the Union Cabinet gave its nod to the proposal. In his Budget speech in July last year, Finance Minister Arun Jaitley had announced a proposal for the setting up of five new IIMs.

    In addition, an IIM was also proposed for Andhra Pradesh in keeping with the AP Re-organisation Act, 2014. The Cabinet also decided to meet the persistent demand of the people of western Odisha for the IIM to be set up in Sambalpur. As per the earlier proposal, the campus was to come up in state capital Bhubaneswar.

    The HRD Ministry had earlier finalised the existing IIMs which would be mentoring the new ones. There are at present 13 IIMs in the country.
     
  14. designer2cad

    designer2cad Captain SENIOR MEMBER

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    FDI in services sector up 46% in 2014-15

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    NEW DELHI, JUN 14
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    With the government taking steps to improve ease of doing business and attracting investments, FDI inflows into the services sector grew by over 46 per cent to $ 3.25 billion in 2014-15.

    The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received foreign direct investment (FDI) worth $ 2.22 billion in 2013-14.

    However, the total foreign inflow in 2014-15 in the services sector was low as compared to 2012-13 when it was $ 4.83 billion, according to the Department of Industrial Policy and Promotion (DIPP) data.

    The government has announced a series of steps such as fixing timeliness for approvals to improve the ease of doing business in the country and attracting domestic as well as foreign investments.

    In step with the growth in FDI in important sectors like services, overall foreign inflows in the country too rose by 27 per cent to $ 30.93 billion during the previous fiscal. The amount was $ 24.29 billion in 2013-14.

    Services contribute about 60 per cent to India’s GDP and it receives high foreign inflows in this sector.

    The other sectors where inflows have recorded growth telecommunications ($ 2.89 billion), automobiles ($ 2.57 billion) and computer software and hardware ($ 2.20 billion).

    To attract investment in the services sector, the government has raised the FDI cap in insurance sector to 49 per cent from 26 per cent. The policy was also relaxed in other sectors such as defence, railways and medical devices.

    Foreign investments are considered crucial for India, which needs around $ 1 trillion in the next five years to overhaul its infrastructure sector such as ports, airports and highways to boost growth.

    Growth in foreign investments helps improve the country’s balance of payments (BoP) situation and strengthen the rupee.
     
  15. designer2cad

    designer2cad Captain SENIOR MEMBER

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    Mahindra & Mahindra has entered into an agreement to acquire a 13.5 per cent stake in Spain-listed CIE Automotive SA, making it the shareholder in the auto components manufacturer.

    Under the multi-structured deal, the company would pay 96.24 million euros (about Rs 740 crore) at 6 euros a share to CIE. Mahindra would acquire the stake through its unlisted Mahindra Systech, a components and services arm.

    The agreement will see the formation of a global automotive component supply network with combined annual sales of about Rs 15,000 crore with operations in North America, South America, Europe and Asia held through listed businesses in Spain, Brazil and India.

    As part of the transaction, CIE Automotive will buy a majority stake in Mahindra’s single listed entity in India. This will continue to operate the current Systech automotive component businesses globally and include CIE's European forgings operations.

    “This grand alliance enables us to rise above competition, quickly extend our reach into new geographies and grow our collective product portfolio in the coming years,” said Anand Mahindra, Chairman of the Mahindra Group.

    Kotak Investment Banking was the financial advisor to the Mahindra Group. Khaitan & Co and DLA Piper were legal advisors to the Mahindra Group. GBP Legal and Amarchand Mangaldas were legal advisors to the CIE Group.
     
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