News on Indian Economy
Apart from handmade paper, Tawang is known for two other local crafts – handmade pottery and handmade furniture – that are also getting extinct with passage of time. KVIC Chairman announced that within six months plans will be rolled out for revival of these two local arts. “Revival of handmade pottery will be taken up on priority under Kumhar Sashaktikaran Yojana very soon,” Saxena said.
Kisan Rail has been a game changer in ensuring fast transportation of agriculture produce across the nation. It provides a seamless supply chain of perishable produce.
“We are setting up a new world-class factory in Noida. Our old plant is also operational but now clients want the latest technologies. We have ordered new machines for our new plant which is expected to be operational from February 1, 2020,” Optiemus Infracom chairman Ashok Kumar Gupta told .
India’s first Lithium refinery which will process Lithium ore to produce battery-grade material will be set up in Gujarat, state government officials said.
India’s first hot air balloon wildlife safari in a tiger reserve was launched on Friday in the world famous Bandhavgarh Tiger Reserve by Madhya Pradesh forest minister Vijay Shah.
The report predicts that over 25 new GCCs in the retail/CPG industry are planning to set up GCCs in 2021, tapping on the established talent ecosystem and global operating models.
Following a fresh tender for cranes with 65-tonne capacity, the equipment was procured from a Western company and is now expected to reach Chabahar by next month, people familiar with developments said on condition of anonymity. They declined to give further details in view of sensitivities linked to US sanctions on Iran, though Chabahar port has been granted a waiver.
Odisha Chief Minister Naveen Patnaik on Thursday announced a new world-class hockey stadium in Rourkela city which is set to host the 2023 FIH Men’s Hockey World Cup.
Despite the pandemic, economic slide and geopolitical tensions, deal values in 2020 kept apace with the previous year, reaching $80 billion across 1,268 transactions, according to a PwC India report.
L&T Construction, the construction arm of the $21 billion technology, engineering & construction conglomerate, Larsen & Toubro, has 3D printed a G+1 (Ground plus one) building with reinforcement for the first time in India.
