News on Indian Economy
Indian Railways’ UDAY or Utkrisht Double Decker Air-Conditioned Yatri Express is a specially-designed air-conditioned train with chair car coaches for business travellers.
A few small airports like Kurnool in Andhra and Mandvi in Gujarat are trying out the small machines that can guide planes to the runway and transmit ground conditions like wind direction and temperature to pilots. Sources said the Airports Authority of India (AAI) is looking at different options to encourage airlines to fly to small airports which are being promoted under the regional connectivity scheme Uda
“Christened Mahindra Ideal Lanka Pvt. Ltd. this assembly plant is in collaboration with Ideal Motors of Sri Lanka. The assembly plant today rolled out its first product, the compact SUV, KUV100 and will roll out a slew of products over the next 3 years,” the company said in a statement.
The shipment consisted of the core melt localisation device or ‘core catcher’, a passive safety system designed to cool the molten core material in case of an accident. The ‘core catcher’ allows the integrity of the protective shell to be preserved and thus checks radioactive emission. The passive safety system is capable of functioning in the event of a complete loss of power supply and can provide full safety without the active system and an operator.
Pune Metro: In a big boost to PM Modi’s ‘Make In India’ initiative, an Indian multinational firm ‘Titagarh Firema’ has won an international bid from Pune Metro for supplying as many as 102 ultra-modern aluminium-bodied metro rail coaches.
Once 100% electrification is enabled across the railway network, the pollution emanating from trains is likely to go down considerably.
Flows into the sector expand by 12% in calendar 2018 alone, India is outlier since energy sector investments elsewhere have either stagnated or decelerated
The Defence Corridor, which covers Coimbatore, is expected to attract more than ₹3,000 crore investment. The Minister also suggested that such skill training programmes can be organised for members of the women self-help groups too. Coimbatore should attract more investments, he said.
India is the second-largest exporter of Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) products with permission of 100% FDI therein.
The mega plan is to eventually make India a manufacturing hub for medical devices of international standards that caters to the domestic and overseas markets.
