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NIP Envisages Investment in Indian Railways Worth INR 11.43 Lakh Crore Till 2024-25

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The envisaged investment of Rs 11.43 lakh crore till 2024-25 is expected to bring in huge opportunities for the wire and cable industry. June 9, 2021 Infrastructure Development forms the bedrock of the economic growth of a nation. The exponential increase in population puts pressure on the existing provision for......
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Government Plans Two New Bullet Train Lines in Maharashtra

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The new bullet train lines are anticipated to bring in huge infrastructural upsurge and drive the demand for wires and cables. February 2, 2021 At a time when Mumbai-Ahmedabad high-speed bullet train project is moving at snail’s pace; the Government of India is looking at two new lines; Mumbai-Nashik-Nagpur and......
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Indian Railways line up INR 40000 Crore Spend on Rolling Stock in FY22

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Indian Railways targets to manufacture 8000 locomotives, coaches and wagons in FY22. Such large-scale infrastructural growth will bring in newer opportunities and drive the demand for wires and cables. January 29, 2021 Highlighting the opportunities for partnering with the Government, Minister of Commerce & Industry And Railways- Shri Piyush Goyal......
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Indian Railways Plans to Save INR 14,500 Crore Yearly With 100 Percent Electrification

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Indian railway’s ambitious target to achieve complete electrification of its entire broad gauge network by 2023 is expected to bring in newer opportunities and drive the demand for wires and cables. December 27, 2020 The Indian Railways is working on an ambitious plan to achieve 100 percent electrification of its......
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Anji Khad Bridge: Indian Railways’ First Cable Stayed Rail Bridge

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With total length of 473.25 meters, the Anji Khad Bridge has support of 96 cables and is designed to handle heavy storms of strong winds due to the high altitude. December 23, 2020 An engineering marvel and the country’s first cable-stayed railway bridge — Anji Khad Bridge is a part......

BITS & BYTES

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Specialty Steelmaker Usha Martin to Sell Wire Rope Business February 11, 2017 A leading manufacturer of wire rope and specialty steel in the country, Usha Martin makes wire rope in India, UK, Thailand, Dubai and Bangkok. The Kolkata-based firm had reported a consolidated net loss of Rs.109.2 Crore in the......
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Aksh Optifibre: On an OFC Capacity Expansion Drive

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Besides being ready to acquire a 100 percent stake in Unitape Mandovi Composites Private Limited, an FRP rods manufacturer, Aksh also has earmarked a capex of Rs. 950 million to enhance its optic fibre production capacity by 100 percent, OFC by 50 per cent and FRP by 200 percent. While......
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