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HMDA proposes four more logistic parks
Apart from the proposed logistic parks at Mangalapally and Batasingaram on the outskirts of Hyderabad, the Hyderabad Metropolitan Development Authority (HMDA) is planning to establish four more similar logistic parks along national highways on the outskirts of the city.
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Novire Technologies bets big on logistics innovation
Leading tech firm Novire Technologies in association with 'Autoplant' and 'ITBS-Truck ka Load', held its day-long annual customer meet Ignite 2017 in Mumbai. The conference witnessed the presence of nearly 200 key industry leaders, decision makers and IT Heads from leading Indian companies.
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Adani Group to train over 300,000 youth by 2022
Adani Group has signed a memorandum of understanding (MoU) with the National Skill Development Corporation (NSDC) to train 300,000 youth across the country by 2022. As a part of the agreement, over 40,000 youth will be trained and assisted towards getting employment per year.
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Centre plans dedicated fund for infra finance
The Union Government is planning to set up a dedicated fund of Rs 10,000 crore for financing infrastructure projects in the country. The fund ? through ?unconditional and irrevocable partial credit guarantee? ? will help enhance the credit rating of bonds issued by infrastructure firms so that they, in turn, can attract long-term investments especially from global insurance, pension and sovereign wealth funds.
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Shriram Automall wins innovation award
Shriram Automall India (SAMIL) has been recognised with accolade by ?Disruptive Tech & Innovation Awards 2016? under the category of ?Best Disruptive Innovation of the Year - Automotive?.
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Government keen on CEM legislation
The government is planning a Construction Equipment Manufacturing (CEM) legislation to introduce a separate regulatory framework and Act for off-highway equipment. According to Heavy Industry Secretary Girish Shankar, the proposed legislation is similar to the Central Motor Vehicle Rules. It will cover construction equipment that is not wheeled and aim to counter use of spurious parts.
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L and T Construction to develop training centre in Nagpur
According to reports, L&T Construction will develop a skill development training centre on the Nagpur Municipal Corporation?s abandoned school land at Babulban in East Nagpur.
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CASE delivers 100th motor grader of the year in India
CASE Construction Equipment reached the milestone of 100 motor graders sold in India in just a year. The grader, a 865B was purchased by Mahalaxmi Infracon Private Limited (MIPL), one of the largest mining overburden removal companies in India.
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Linden Comansa to exhibit the LCL310 crane at ConExpo
Linden Comansa will participate at the upcoming 2017 ConExpo-Con/Agg trade show, along with Linden Comansa America (LCA), the manufacturer?s exclusive North American distribution and service company. The group's booth location is G-2789 in the Gold Lot of the outdoor exhibition area at the Las Vegas Convention Center.
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JCB launches seven new products
JCB India unveiled seven new products at the BAUMA CONEXPO INDIA 2016. In the excavators, it launched the JCB 30Plus (3T mini excavator), the JCB 220LC Xtra (22T tracked excavator), the JCB 305LC (30T tracked excavator) and the JCB 370LC (37T hydraulic excavator).
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