News on Indian Economy
From 4.23 % to 8.49, Khadi’s share in textile production has doubled in the last five fiscals. Khadi has also seen increase in its production by 65.42 million square meters in last five years. The production has grown from 103.22 million square meters in 2014-15 to 170.80 million square meters in 2018-19.
In an announcement on Monday, the plan, disclosed by operator Delhi International Airport Ltd (DIAL), conceives an upgraded airside capacity to deal with 140 MPPA.
The facility in Sricity was set up as Alstom’s first global manufacturing centre for rolling stock in the Asia-Pacific region. This plant had started operations on November 2013 and on February 2014, it delivered its first metro trainset to Chennai Metro Rail Corporation (CMRL).
The carrier has the credit of operating the longest, non-stop flight in the world in the shortest time duration! The said flight was between Delhi and San Francisco; a distance of 15300 km covered in just 14.5 hours. The fact that has taken the world by surprise is that the flight took the trans-Pacific route, which is longer than the usual Atlantic route.
The solar project, executed by Vikram Solar, India’s leading solar energy solutions provider, is expected to generate 79,00,000 units of energy annually and would be used for captive consumption by BDL, at their Kanchanbag Unit. Solar Energy Corporation of India (SECI) was the consultant for this project and the plant was showcased in BDL’s 50-year celebration as well.
The Indian Space Research Organisation (ISRO) has said that it is working on telescopes and radars that will enable it to track potential risks to its 50 functional satellites in space. At the moment, the agency depends on data from Norad (North America Aerospace Defense Command), ISRO Chief K Sivan told The Times of India.
The government issued the order on June 15, 2017, to promote manufacturing and production of goods and services in India and enhance income and employment in the country. The move assumes significance as concerns have been raised by certain quarters about the restrictive and discriminatory clauses being imposed against domestic manufacturers and suppliers in tender documents for public procurement.
Goodrich Aerospace is an US based multinational holds an unique position in the aerospace sector and are the pioneers in creating ecosystem in India. The major activities include design and development of various aircraft products, engineering software and embedded software, etc. Chief minister B S Yediyurappa has given approval to the company’s investments.
For the first quarter of this financial year, Gujarat Gas posted a 91.65 per cent expansion in net profit to Rs.234.04 crore (US$ 0.03 billion), against Rs.122.12 crore (US$ 0.017 billion) a year ago.
As indicated by the National Capital Region Transport Corporation (NCRTC), the executing agency of the Rail Rapid Transit System (RRTS), the whole Delhi-Ghaziabad-Meerut RRTS passage, traversing 82 km, will be operational by 2025.
