RITES to Assess Safety of Vande Bharat Trains
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Govt caps interest subvention at Rs 5 cr per IEC for MSME manufacturers
The government has set a limit on the interest subvention amount for MSME manufacturers at ₹5 crore per Interest Eligibility Certificate (IEC). This decision is aimed at streamlining financial support to micro, small, and medium enterprises (MSMEs) and ensuring that the assistance is utilized effectively.The cap is part of the broader strategy to enhance the competitiveness of MSMEs in the manufacturing sector, enabling them to access affordable credit while encouraging growth and innovation. Industry experts believe that this measure will provide clarity and stability for manufacturers seek..
Construction of 12 industrial smart cities set to begin this year
The government has announced plans to initiate the construction of 12 industrial smart cities within the current year. This initiative aims to enhance urban infrastructure and promote sustainable development across various regions in India. Each smart city will incorporate advanced technologies to improve efficiency and livability for residents and businesses alike.The project is part of a broader strategy to boost industrial growth and attract investment in the country. Officials have stated that these smart cities will be designed to facilitate innovation and support a robust economic enviro..
Ion Exchange secures Rs 161 crore contract from Adani Power
Ion Exchange (India) Ltd. has announced that it has been awarded a significant contract worth ₹161 crore by Adani Power. This deal is part of a project focused on water and environmental solutions. The contract is expected to enhance Ion Exchange's market position and further its growth in the water treatment sector.The share price of Ion Exchange has reacted positively to this news, reflecting investor confidence in the company’s capabilities and future prospects. The contract aligns with Adani Power's commitment to sustainable practices and efficient resource management. ..