German Industry

UP govt signs ₹200 crore investment MoU with German rail infra firm

The Uttar Pradesh government on Thursday announced an agreement with a German railway infrastructure company for an investment of Rs 200 crore to bolster modern infrastructure in the state. According to a statement issued here on Thursday evening, Deputy Chief Minister Keshav Prasad Maurya signed a memorandum of understanding (MoU) with RAILONE GmbH during a visit to the company's manufacturing plant in Germany. The move aligns with Chief Minister Yogi Adityanath's vision of developing modern infrastructure in the state and enhancing global partnerships. During the visit, the delegation led by Maurya inspected advanced railway track technologies and modern concrete sleeper manufacturing systems. The statement noted that the delegation held detailed discussions with company officials to understand production processes, quality standards and global best practices. The state government expects the agreement to provide Uttar Pradesh with access to advanced technology, high-quality ...

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Dieselgate: VW to compensate German consumers in emission cheating scandal

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German industrial hiring falls first time in 9 years, car sector worst hit

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German industry output rounds out weak Q2 with rebound in June

Uncertainty generated by Britain's vote in June to leave the European Union has also clouded the trading outlook