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Cabinet approves Rs 115 cr for Patna Metro

The Union Cabinet has approved an allocation of Rs 115 crore to expedite the Patna Metro Rail Project, a transformative initiative aimed at improving urban mobility in Bihar’s capital.

Lubricating India’s Mining for Higher Efficiency

One of India’s mining giants sought a strategic solution from MobilTM to optimise their equipment performance and minimise maintenance disruptions

Cabinet approves National Green Hydrogen Mission

The Union Cabinet has approved National Green Hydrogen Mission. The initial outlay for the Mission will be Rs 197.44 billion including an outlay of Rs174.90 billion for the SIGHT programme Rs 14.66 billion for pilot projects Rs 4 billion for R&D and Rs 3.88 billion towards other Mission components.

More greenfield highways to be built as part of NH development

The government’s National Highway Development Program will now focus on building more greenfield highways rather than expanding the existing network, signalling a significant shift in focus.

Indian Steel Association welcomes approval of PLI scheme

The Production Linked Incentive (PLI) Scheme is a scheme aimed at encouraging domestic manufacturing, substituting imports and finally boosting exports.

Indian Steel Association welcomes approval of PLI scheme

The Indian Steel Association welcomes the cabinet approval of PLI Scheme

Prioritising ports

The modernisation of ports is a prerequisite. The various policy measures announced in the sector are expected to increase investor confidence in the sector which in turn will translate into great opportunities for growth in the port equipment market.

Union Cabinet clears new divestment policy

The Union Cabinet cleared the new policy for Public Sector Enterprises (PSEs). A broadsheet for disinvestment is expected to be announced by Finance Minister Nirmala Sitharaman in the Union Budget.

Commercial coal mining can reduce coal import: CRISIL

The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal because of substitution through domestic production.

Commercial coal mining can reduce coal import: CRISIL

The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.

Government plans to set up 13th major port

The Union Cabinet has given its "in-principle" approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.

Govt to set up 13th major port

The Union Cabinet has given its ?in-principle? approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project will be around Rs 655.45 billion.

Govt sets up Rs 250-bn revival fund for realty

The Union Cabinet has approved constituting a Rs 250-billion alternative investment fund (AIF) for the revival of around 1,600 stalled housing projects across major cities in the country.

Poor Assessment of Triggers

World Steel Association states that the global steel demand did increase by 0.2 per cent to 1,501 mt in 2016 after a contraction of -3 per cent in 2015. In 2017, it expects global steel demand to grow by 0.5 per cent and reach 1,510 mt.

Excavators to Dominate

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.

Excavators Ready to Ride the Slump

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold. Now, the shrinking market and intense competition have forced OEMs to focus more on value additions. Concepts like low lifecycle cost, faster ROIs, lowest cost per tonne all have made it imperative for OEMs to innovate, both on the product design and service fronts. Agith G Antony takes a peek at the prevailing t

We provide tailor-made offerings to suit different customer requirements

Caterpillar?s vision is to be recognised as the leader everywhere we do business. Our strategy in India is to win by delivering quality products, services and solutions to our customers, says Ajay Shankar, Country Manager, Caterpillar India. Excerpts of the interview.

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