Page 355 - Industry News
India to spend over Rs 9 trn on power transmission infra by 2032: Govt
The inter-regional transmission capacity is planned to increase to 143 GW by 2026-27 and further to 168 GW by 2031-32, from the present level of 119 GW
 "India to spend over Rs 9 trn on power transmission infra by 2032: Govt")
994 hoax bomb threats to airlines till Nov 13 this year, says govt in RS
To deal with the menace of hoax calls in a comprehensive manner, the civil aviation ministry plans to amend the Suppression of Unlawful Acts against Safety of Civil Aviation Act, 1982
 "994 hoax bomb threats to airlines till Nov 13 this year, says govt in RS")
Indo-Russia trade at $66 bn in 2024, can meet $100 bn target: Russia envoy
The envoy said Russia and India are on track to achieve the ambitious $100 billion trade target by 2030, bolstered by expanding collaborations and diversified trade opportunities
 "Indo-Russia trade at $66 bn in 2024, can meet $100 bn target: Russia envoy")
Chennai to have 450 GCCs by 2030 against current 250 centres: CBRE
Chennai's robust infrastructure, proactive state government policies, and quality office development are aligned to meet the needs of global corporates
 "Chennai to have 450 GCCs by 2030 against current 250 centres: CBRE")
Debt on major telcos hits Rs 4 trn in FY24; BSNL debt lowest at Rs 23.2k cr
BSNL had a debt of Rs 40,400 crore in FY22, which was reduced to Rs 28,092 crore with the help of a revival package and financial support from the government
 "Debt on major telcos hits Rs 4 trn in FY24; BSNL debt lowest at Rs 23.2k cr")
New cottage and rural industries policy to create 1.2 mn jobs in Gujarat
The New Cottage Policy 2024, which will remain in force for five years, aims to develop a self-sustaining cottage industry sector and open the doors of local and international markets for artisans
 "New cottage and rural industries policy to create 1.2 mn jobs in Gujarat")
Paper industry body flags below-cost imports, demands level playing field
The IPMA said that imports of virgin fibre paperboard (VFP), mainly used as packaging material for pharma, FMCG, and cosmetics products, have grown more than three-fold
 "Paper industry body flags below-cost imports, demands level playing field")
Govt to launch 1st round of auction of minerals in offshore areas on Nov 28
Ministry of Mines will be launching the first-ever tranche of auction of mineral blocks in offshore areas of India on 28th November 2024, an official statement said
 "Govt to launch 1st round of auction of minerals in offshore areas on Nov 28")
Icra revises down growth forecast for cement industry to 4-5% for FY25
Icra has now revised its projection on account of slower-than-expected ramp-up in construction activity
 "Icra revises down growth forecast for cement industry to 4-5% for FY25")
Foxconn is likely to open its second-largest battery plant in Tamil Nadu
The Tamil Nadu government has approached the company with a proposal to offer 200 acres of land for the plant and incentives as talks reach final stages
 "Foxconn is likely to open its second-largest battery plant in Tamil Nadu")
Adani bribe row: If no takers, bidders can cut tariff suo motu, says SECI
Communication between SECI and some states suggest tariff was lowered by Adani and Azure after it became tough to find buyers at a price considered expensive
 "Adani bribe row: If no takers, bidders can cut tariff suo motu, says SECI")
India reshapes its workforce to plug into the electric vehicle era
TaMo to upskill half its workforce in 5 years; Tamil Nadu teams up with World Bank to fuel the transition
 "India reshapes its workforce to plug into the electric vehicle era")
India's 5G users to touch 970 mn by 2030: Ericsson Mobility report
User satisfaction with 5G doubled in Tier-III cities
 "India's 5G users to touch 970 mn by 2030: Ericsson Mobility report")
Milk production annual growth rate slips further to 3.78% in FY24
The slowdown in the rate of growth of milk production from a healthy 5-6 per cent just a few years back has caused some concern within a section of the industry who want deeper analysis of the problem
 "Milk production annual growth rate slips further to 3.78% in FY24")
Russia now largest crude oil supplier to India, accounts for over 35%: Puri
Speaking at the FIPI Oil and Gas Awards Ceremony, the minister highlighted the dramatic shift in India's oil sourcing over the past two years
 "Russia now largest crude oil supplier to India, accounts for over 35%: Puri")
FTA an ongoing process, UK govt ready to restart negotiations: Indian envoy
Following a bilateral meeting with Prime Minister Narendra Modi on the sidelines of G20 Summit in Brazil, British Prime Minister Keir Starmer announced the relaunch of FTA talks in 2025
 "FTA an ongoing process, UK govt ready to restart negotiations: Indian envoy")
Rising income levels to optimise home affordability in next 12 months: JLL
Kolkata is estimated to be the most affordable city, while Mumbai may reach near-optimal affordability levels in 2025
 "Rising income levels to optimise home affordability in next 12 months: JLL")
Future of television, smart and networked: Is Dor the disruption it needs?
You could opt for free channels and YouTube, and not pay anything. Dor's search works across apps
 "Future of television, smart and networked: Is Dor the disruption it needs?")
Realty most violative sector on problematic advertising in Apr-Sep: Report
The report by the Advertising Standards Council of India (ASCI) said the self-regulatory body received 4,016 complaints during the first half
 "Realty most violative sector on problematic advertising in Apr-Sep: Report")
International air cargo hub at Swami Vivekanand airport back on track
The state will soon connect with Singapore and Dubai as the minister has agreed to start operation of international flights from the Chhattisgarh capital
 "International air cargo hub at Swami Vivekanand airport back on track")