Mazagon Dock Submits Bid to Defense Ministry to Build 3 Submarines for Indian Navy
#Defence
https://www.indiatoday.in/amp/india/story/mazagon-dock-submits-bid-defence-ministry-build-submarines-indian-navy-2475747-2023-12-14
Mazagon Dockyard Limited has submitted the bids the construction of submarines as part of the "Make in India" initiative, sources claim. The submarines construction project is aimed at bolstering Indian naval operations in the Indo-Pacific.
These three new submarines will complement the six submarines ordered in 2005. The original contract was for the purchase of six submarines to be built by MDL through technology transfer.
๐ The first of the new submarine series, INS Kalvari, has entered service in December 2017 with the fifth, INS Vagir, having joined the fleet in January 2023. The sixth submarine, Vagsheer, is currently undergoing trials and is expected to be delivered to the Navy in early 2024.
๐ Notably, these three submarines are expected to have higher indigenous content and will be equipped with the DRDO-developed Air Independent Propulsion system, enhancing their capabilities.
#Defence
https://www.indiatoday.in/amp/india/story/mazagon-dock-submits-bid-defence-ministry-build-submarines-indian-navy-2475747-2023-12-14
India Today
Mazagon Dock submits bid to defence ministry to build 3 submarines for Navy
According to sources, Mazagon Dockyard Limited has submitted bids to the defence ministry for the construction of these submarines as part of the "Make in India" initiative.
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Uttar Pradesh government to implement investment proposals worth Rs 7.5 lakh crore which include over 10,000 projects.
#Investment #Uttar_Pradesh
https://m.timesofindia.com/india/uttar-pradesh-government-to-implement-investment-proposals-worth-rs-7-5-lakh-crore-which-include-over-10000-projects/articleshow/105883168.cms
The Yogi government in Uttar Pradesh is actively working to implement the investment proposals received during the Global Investors Summit in 2023.
๐ถOver 10,441 projects worth about Rs 7.5 lakh crore are in the final stages of implementation.
๐ทUttar Pradesh has become a major investment destination, attracting around Rs 4.12 lakh crore of investment between 2017 and 2022.
๐ดThe state government has received 29,000 investment proposals worth more than Rs 39.5 lakh crore.
The focus has been on improving law and order.
#Investment #Uttar_Pradesh
https://m.timesofindia.com/india/uttar-pradesh-government-to-implement-investment-proposals-worth-rs-7-5-lakh-crore-which-include-over-10000-projects/articleshow/105883168.cms
The Times of India
Uttar Pradesh government to implement investment proposals worth Rs 7.5 lakh crore which include over 10,000 projects - Times ofโฆ
The Yogi government in Uttar Pradesh is actively working to implement the investment proposals received during the Global Investors Summit in 2023. Ov
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https://www.thehindubusinessline.com/news/russia-keen-that-indian-companies-take-over-businesses-abandoned-by-us-european-companies/article67634623.ece
#Economy #ForeignAffairs ๐ฎ๐ณ๐ค๐ท๐บ
#Economy #ForeignAffairs ๐ฎ๐ณ๐ค๐ท๐บ
BusinessLine
Russia keen that Indian companies take over businesses abandoned by US, European companies
Russia keen to partner with Indian firms to fill vacancies left by US, EU firms; SPIEF event in June to provide opportunity for equal dialogue, tap global opportunities. India pursuing own interests, keeping in mind long-term friendly relationships with Russia.โฆ
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Paytm to establish a global payment development center at the IFSC in the GIFT City, Gujarat. #Infra
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Iran has announced it was lifting visa requirements for citizens of 33 countries, including India to boost #Tourism.
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Three of the worldโs top five economies are in Asia, but global norms and certification are still set in the North Atlantic. Neither China nor Japan has made a dent, this is an area where India can succeed. #Opinion
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Forwarded from Defence Squad (Defence Squad)
Report: Indian Army signed Ammunition Contract with Bharat Electronics Ltd signed to procure Electronic Fuzes for Artillery Guns of #IndianArmy.
The landmark contract is the first one to be signed for ammunition procurement under โManufacture of Ammunition for Indian Army by Indian Industryโ.The contract will also build up ammunition stocks to desired levels, minimise imports & achieve
self-sufficiency in ammunition manufacturing.
#AtmaNirbharBharat
The landmark contract is the first one to be signed for ammunition procurement under โManufacture of Ammunition for Indian Army by Indian Industryโ.The contract will also build up ammunition stocks to desired levels, minimise imports & achieve
self-sufficiency in ammunition manufacturing.
#AtmaNirbharBharat
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India's logistics costs have come down to below 9% of GDP, helped by rising state spending on roads, ports and digitisation.
The logistics costs were down in the range of 7.8% to 8.9% of GDP in 2021/22, compared to 8.8% to 10% of GDP in 2012/13
#Economy #Infra
https://t.co/gmKa96kUE0
The logistics costs were down in the range of 7.8% to 8.9% of GDP in 2021/22, compared to 8.8% to 10% of GDP in 2012/13
#Economy #Infra
https://t.co/gmKa96kUE0
Business-Standard
Centre cuts logistics costs to below 9% of GDP with higher state spending
According to the World Bank's Logistics Performance Index, India ranked 38th out of 139 countries in 2023, helped by improving road and port networks and digitisation of the supply chains
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DRDO has successfully Conducted the flight trials of Stealth Autonomous flying wing design SWIFT today at ATR facility in Chitradurga ๐ฎ๐ณ
Till now 6 Successful flight Trials are done using 2 Prototype built by ADE.
Its a smaller version of bigger Ghatak UCAV #Defence #Drones #aatmanirbharbharat
DRDO has successfully Conducted the flight trials of Stealth Autonomous flying wing design SWIFT today at ATR facility in Chitradurga ๐ฎ๐ณ
Till now 6 Successful flight Trials are done using 2 Prototype built by ADE.
Its a smaller version of bigger Ghatak UCAV #Defence #Drones #aatmanirbharbharat
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India's merchandise trade deficit narrowed to $20.58 billion in November from $31.46 billion in October #Economy
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Mazagon Dock Shipbuilders Limited (MDL) has signed individual Shipbuilding contracts worth $42 million with European clients for the construction of three units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels.
#MakeInIndia
#MakeInIndia
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In a landmark development, the digital land records of 13 major states and four Union territories (UTs) have been loaded onto the PM Gati Shakti National Master Plan. #DigitalIndia #Infra
https://t.co/lKg8FnZyWo
https://t.co/lKg8FnZyWo
mint
Digitization of land records will fast-track infra projects and fight poverty
Digitized land records should boost infrastructure development as the Gati Shakti platform makes use of this data, while title clarity serving as collateral for credit could give the poor a better chance to escape poverty.
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The Indian #Railways plans to run over 1,000 trains from different parts of the country to Ayodhya around the first 100 days of the inauguration of the newly built Ram Mandir, to cater to the demand.
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Sumitomo Chemical will build a new agrochemical plant in India.
It will obtain about 50 acres of land in Gujarat and aim to complete construction around 2027. The initial investment is expected to be over 5 billion yen ($35 million)
#MakeInIndia #agriculture
It will obtain about 50 acres of land in Gujarat and aim to complete construction around 2027. The initial investment is expected to be over 5 billion yen ($35 million)
#MakeInIndia #agriculture
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NTPC Mining Ltd (NML) has produced 23.223 million tonnes of coal so far this financial year, just about exceeding its total output in all of FY23
It had recorded a year-on-year growth of 77% in coal production and 88% in terms of dispatch.
#Mining
https://t.co/SJb27EOTz6
It had recorded a year-on-year growth of 77% in coal production and 88% in terms of dispatch.
#Mining
https://t.co/SJb27EOTz6
mint
With three months still to go, NTPC Mining outdoes its FY23 coal output
The increased output this year comes amid efforts to boost Indiaโs coal production to meet rising demand, largely from the power sector
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Hindustan Zinc on Thursday said it has started the deployment of #EV trucks at one of its mines. The company officially launched the first fleet of electric vehicles in partnership with Inland EV Green Services.
#MakeInIndia
https://t.co/rjcLEmaWvB
#MakeInIndia
https://t.co/rjcLEmaWvB
ETEnergyworld.com
Hindustan Zinc begins EV trucks deployment at mines - ET EnergyWorld
Hindustan Zinc: "Crafted for Indian conditions, these trucks boast a remarkable 55-tonne capacity each, coupled with an impressive charging capacity, going from 20 to 100 per cent in just 90 minutes.
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Surat Airport to be tagged as an international airport soon. #aviation
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