Home 2017 January

Revival in steel demand

A revival in India’s steel consumption from the weakest estimated growth in at least four years hinges on the government boosting spending on infrastructure, housing and road projects to absorb record output. Reports inform that Finance minister Arun Jaitley will announce 1 February higher outlays for national highways, rural roads, railways and low-cost housing, Goldman […]

Indian receives FDIs worth $1.77 billion in renewable energy in over two years

Government recently informed that India received $ 1.77 billion foreign direct investment (FDI) in non-conventional energy sector from April 2014 to September 2016, as per reports. “Total FDI equity inflow in the non-conventional energy sector during April 2014 to September 2016 was $ 1.77 billion,” the Commerce and Industry Ministry said in a statement. According […]

New reversible drills set high standard of performance

Chicago Pneumatic has launched its first reversible drill range for industrial markets, which is expected to set a new high standard in terms of performance and price. The CP1114R drill is ideal for various applications in metal-working and foundries, and industrial maintenance including tapping, reaming, honing, drilling and mixing. The next generation drills have exceptional durability, […]

IRB Gets NHAI’s Six-Laning Project

Infrastructure major IRB Infrastructure Developers Ltd (IRB), has emerged as a preferred bidder for the project of the six-laning of Kishangarh-Gulabpura section of 90 Km length in Rajasthan on NH-79 and NH-79A. The project length is 90 Kms. The project is on the design, build, finance, operate, transfer (DBFOT) mode under the National Highway Development […]