INTEGRATED TRANSPORT PLANNING
Job Market Outlook: AI integration set to boost employment in financial and real estate sectors
Manpower Group's latest Net Employment Outlook for June to September 2024 showcases positive trends in India's employment sector, ranking sixth globally. Despite some decline, the Financial Services and Real Estate sectors are driving growth, with AI integration expected to further boost employment opportunities. Various sectors and regions display differing hiring intents, reflecting cautious optimism amidst ongoing global challenges.
DPIIT reviews infrastructure projects of Railways, MoRTH and MoHUA to boost Gati Shakti plan
The 72nd meeting of the Network Planning Group in New Delhi evaluated major infrastructure projects under the PM Gati Shakti National Master Plan for multi-modal connectivity, involving ministries like MoRTH, MoR, and MoHUA.
FAME 3 rollout soon; Euler Motors fundraise
The next edition of the electric vehicle incentive scheme is likely to be unveiled within months of the new government taking charge. Details on this and more in today's ETtech Top 5.
HCLTech infuses GenAI into MRO solution to drive enterprises' asset utilisation
HCL Technologies enhances its MRO solution with GenAI capabilities, optimizing asset utilization and streamlining maintenance processes in SAP S/4HANA with a comprehensive natural language inspection and repair findings report.
Old empires could be the key to a new car future
Hydrogen, a vital element in water creation, is gaining traction as a fuel source for fuel-cell electric vehicles.
What is in-flight turbulence, and when does it become dangerous for passengers and crew?
A British man's death and numerous injuries on a Singapore Airlines flight due to severe turbulence highlight the dangers of unstable air. While turbulence-related fatalities are rare, injuries are more common, especially among flight attendants. Clear-air turbulence, often near jet streams, is particularly dangerous as it occurs with no visible warning. Climate change may increase turbulence, but airlines have safety measures in place. Experts advise passengers to wear seat belts, the best defense against turbulence-related injuries.
India eyes more Chabahar-like pacts: Ports Minister Sarbananda Sonowal
Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, stated that India aims to replicate the Chabahar port model in other strategic locations in the region to acquire additional assets. In an interview with ET, he emphasized that India is actively investigating opportunities to bolster its maritime presence and trade connectivity.
Chabahar, opening routes for India-plus
With Monday's agreement, India takes over management of Iran's Chabahar Port for an initial 10-year period. This will change the face of regional connectivity, trade with landlocked countries of Central Asia and Afghanistan, and provide an alternative route that connects the region with Europe. For India and the region, economic benefits come with a strategic sweetener - an alternative that can bypass China and Pakistan's Gwadar Port.
China's third aircraft carrier heads to sea for the first time
China's third aircraft carrier, Fujian, showcases advanced technology with catapults for aircraft, aiming for a fleet of six carriers for operational maturity. Collin Koh highlights the strategic plan for China's carrier fleet expansion, emphasizing the significance of Type 003 carriers.
PM Gati Shakti to aid in expanding social security
To begin with, the ministry has geotagged 1.3 million establishments covered under the Employees' Provident Fund Organisation (EPFO), about 1.5 million under the Employees' State Insurance Corporation (ESIC) and 104 ESIC hospitals for assessing the current social security coverage and planning future expansion.
The high price of slow lanes: How transport networks can make or mar the success of manufacturing hotspots
With India increasing the focus on exports, manufacturing hubs in the hinterlands have started playing a bigger role in powering the growth engine. However, these regions continue to face connectivity problems that make it difficult for traders to competitively price the goods in export markets.
Social network that needs connecting
India is planning a revamp of its urban transport sector to improve accessibility to work, healthcare, and education. The plan includes integrating metro and bus networks, promoting greening of intracity goods transport through small trucks, and aligning bus and metro routes. The lack of a holistic approach, with nearly half a dozen central ministries working in isolation, has led to discussions on an omnibus transport ministry.
Government push to help ONDC get shopfront on ecommerce sites
The Centre has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the government-backed network scale up operations and assist with deliveries, said executives aware of the development. The aim is to boost operations and order efficiencies as well as iron out glitches and delays on ONDC, they said.
India’s road logistics network has the potential to be better than Europe’s: Kuehne+Nagel’s Hansjoerg Rodi
Although highly fragmented currently, Kuehne+Nagel’s Hansjoerg Rodi says the country shows enough promise to leapfrog its western counterparts in road logistics.
Railways’ 100-day plan for new govt: Vande Bharat sleeper coaches, pending J&K rail projects on agenda
Chennai's Integral Coach Factory (ICF), a unit of Indian Railways, is readying the sleeper variant Vande Bharat trains. These trains will be put into service for long-distance overnight journeys soon after the next government takes charge, the officials said. The Vande Bharat trains currently being used have only chair seating, limiting their use to daytime routes which are covered in a few hours. The sleeper variants will bring offer more comfort for passengers undertaking longer journeys.
Network Planning Group evaluates key infrastructure projects including Multi Modal Logistics Park in Maharashtra
The 67th NPG meeting assessed projects from MoRTH and MoR, including a Multi Modal Logistics Park in Maharashtra and a Broad Gauge line connecting Assam and Arunachal Pradesh. The meeting aimed to promote comprehensive regional socio-economic advancement in alignment with PM GatiShakti principles.
SBI approves Rs 110 crore loan to AMSL for new project in Telangana
Infrastructure solutions provider AMSL has received a Rs 110 crore loan from the State Bank of India (SBI) for its Hyderabad project. The funding is for the establishment of the Integrated Plant for Ingenious Defence Systems (IPiDS) in Hyderabad. AMSL plans to set up a facility in Telangana at a cost of Rs 210 crore for defence product manufacturing.
Interim Budget 2024: Logistics sector gets a Rs 11-lakh-cr boost; but industry players await clarity
The FM has increased allocation to improve logistics. Companies want measures on ease of doing business & GST relief, as well as concrete measures to reach the goals.
Central Vista transport plan in the works
The housing and urban affairs ministry will soon hire a consultant to advise it on the mode of transportation to be adopted. "Technical evaluation is under process and a consultant would be selected soon," the official said. Central Vista refers to the main administrative area of India, stretching from the Rashtrapati Bhavan to India Gate, including Parliament House and North and South Blocks, among others.
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