Indian Economy-News & Updates

[jarves]

PORT BLAIR: The international airport here is likely to be equipped with night landing facility within six months with the Andaman and Nicobar administration taking steps to improve infrastructure.

Briefing a delegation of journalists here, lieutenant governor Ajay Kumar Singh said, "Though we have an international airport here, we don't have any international flight landing presently. So, we intend to improve the infrastructure and try to get some of these 96 flights land here. So, night landings in Andaman are possible within six months."

Observing that there were over 96 flights passing over the Andaman Islands, the lieutenant general (retired) said, "We are in the process of expanding the airport infrastructure. We are talking to the civil aviation ministry for another airport. The foundation stone for that will be laid soon."

Currently, few airliners fly to Andamans from the mainland and they do not fly in the nights, as the Veer Savarkar International Airport at Port Blair does not have the necessary infrastructure.

The scenic Island had received over 2,50,000 tourists last year and the administration hoped to increase the number by furthering infrastructure.

Charting out his plan to focus on tourism and infrastructure in the Islands, Singh said the administration was making efforts to set up a government arts and science university and a medical college here for the youth here.

"We have already advertised for an advisor who will put in place the medical university to be functional from 2015. It will function from temporary premises initially and later will be moved to its own land," the LG said.

Andaman airport to have night landing facility within 6 months

 

[jarves]

Autos, buses in major Indian cities must have GPS facility by February 20: Road Ministry | NDTV.com
Updated: February 09, 2014 13:13 IST

The government has set a deadline for public transport vehicles running in major cities with a population of over 10 lakh to install GPS devices by February 20.

According to a Ministry of Road Transport and Highways circular, owners of public service vehicles are required to get GPS (Global Positioning System) installed in their vehicles by by February 20, 2014 failing which necessary action as deemed fit shall be taken against the defaulters.

The Road Ministry had earlier asked passenger vehicle owners to install these devices by September 30, 2013.

In January, the Cabinet Committee on Economic Affairs had approved a 1,405-crore project to track and monitor public transport and provide alarm buttons for alerting authorities.

The project involves setting up of closed circuit television (CCTVs) and using GPS to ensure safety and security of women and girls in distress.

This project is part of the the Nirbhaya Fund for women safety.

It will be implemented within two years after allocation of funds to set up a National Level Vehicle Security and Tracking System and City Command and Control Centre with installation of GPS, CCTV in public road transport.

The policy was formulated in the wake of gang-rape of a 23-year old paramedic in a moving bus, on December 16, 2012.

This victim died in a Singapore hospital on December 29.

 

[Indo-guy]

PORT BLAIR: The international airport here is likely to be equipped with night landing facility within six months with the Andaman and Nicobar administration taking steps to improve infrastructure.

Briefing a delegation of journalists here, lieutenant governor Ajay Kumar Singh said, "Though we have an international airport here, we don't have any international flight landing presently. So, we intend to improve the infrastructure and try to get some of these 96 flights land here. So, night landings in Andaman are possible within six months."

Observing that there were over 96 flights passing over the Andaman Islands, the lieutenant general (retired) said, "We are in the process of expanding the airport infrastructure. We are talking to the civil aviation ministry for another airport. The foundation stone for that will be laid soon."

Currently, few airliners fly to Andamans from the mainland and they do not fly in the nights, as the Veer Savarkar International Airport at Port Blair does not have the necessary infrastructure.

The scenic Island had received over 2,50,000 tourists last year and the administration hoped to increase the number by furthering infrastructure.

Charting out his plan to focus on tourism and infrastructure in the Islands, Singh said the administration was making efforts to set up a government arts and science university and a medical college here for the youth here.

"We have already advertised for an advisor who will put in place the medical university to be functional from 2015. It will function from temporary premises initially and later will be moved to its own land," the LG said.

Andaman airport to have night landing facility within 6 months

Just for information.

Port Blair airport is named - Veer Savarkar Airport ( and most appropriately and deservedly )

I am posting video just for quick reference !

 

[jarves]

GPS-based navigation system from February | Deccan Chronicle

Chennai: GPS Aided Geo Augmented Navigation or Gagan will become operational in February this year. “We will remove the code that has been set for the last one year to use Gagan on a test basis so that anyone with a receiver and access to the application can use the satellite-based navigation system,” said S. V. Satish, GM-Air Traffic Management, Gagan project, Airports Authority of India (AAI). Its service area would be restricted to the Indian subcontinent and the Indian flight region.

Satish said that it could improve on the 25-m accuracy and integrity information provided by GPS. The aviation sector would benefit the most, he said, as it need not depend on ground-based navigational aids.

“We will have aircraft develop procedure based on Gagan. It will help provide vertical guidance, thereby shortening the route and resulting in less fuel consumption. We can also create flexible routes and noise pollution will be reduced.”

However, Gagan’s full incorporation into Indian aviation would be a gradual transition, taking from three years to a decade, as “Aircraft need to be equipped with a receiver to get its signals,” Satish pointed out. He further said that there could be heavy costs to be incurred to integrate Gagan into old aircraft. The aviation industry would therefore be given enough time to merge into the new system.

Aircraft manufacturers have already been given the platform to receive signals from Gagan in the Satellite Based Augmented System (SBAS) receiver. According to the AAI, India joins the US, Europe and Japan to get on to the SBAS bandwagon.

“A little improvement to the present GPS system is enough to receive signals from Gagan,” he said, adding that the cost of the basic receiver chip starts at $10, the complete receiver system working out to $3000.

 

[shuntmaster]

This is our unsinkable aircraft carrier at the mouth of Malacca straights.

 

[Indo-guy]

This is our unsinkable aircraft carrier at the mouth of Malacca straights.

Indeed ....we are lucky to have it .

The first of few places which were won by INA ... first seat of Azad Hind government !

 

[jarves]

The government in Manipur is set to construct the highest rail tunnel, to bridge distances between Jiribam sub-division with Tupul in Tamenglong district near capital Imphal.

Works and Transport Minister Kh. Ratankumar Singh said the railway bridge is being constructed at Khumji village of Noney in Tamenglong district and would be the highest railway bridge once it is completed.

"So far we have visited several tunnel construction sites and this is the fourth one. The railway officials state that the tunnel is one of the most critical ones in the whole project. The length of the tunnel is 39 kilometres. Out of the 39 kms, 14 kms of tunneling has been totally completed," said Singh.

Singh mentioned it during an inspection tour of the tunnels being constructed as part of the Jiribam-Tupul-Imphal railway project.

After making spot assessment of the undergoing work of the tunnel, Singh stated that the 141 metres high and 703 metres long bridge is one of the four major bridges of the railways and it would be the world's highest railway bridge.

The construction work of the bridge started in January and it is being targeted for completion within 18 months. The construction can be completed within the stipulated period provided there is no blockade.

Singh further observed that construction work of the four tunnels has made significant progress. So far the railway project has been completed by 50 per cent and it is expected to be fully complete by 2016.

The total length of the tunnels of Jiribam-Imphal railway line is the second longest in India. The minister said the state government has been working to improve the road from Noney to Maram.

The inspection team also included the Transport Director Luikham, Principal Secretary (Works) Ram Muivah, Transport Secretary Lakshmi Kumar, Additional Chief Engineer Kh Temba and Deputy Chief Engineer (Railways) Jogesh Verma.

Manipur Govt. to construct highest railway tunnel in India | Business Standard

 

[jarves]

@Blast## ,and other north easterners,please share your views.

 

[Aarush]

How is this going to stop the Crime..???if anyone has intention..he can still do.....

 

[fsayed]

Aviation reforms: Government set to waive all charges at regional airports, route review on cards - The Economic Times

UAE-led group expects to sign $2 bn India power deal soon: Sources - The Economic Times

 

[fsayed]

The Indian government has planed to swap 26 million groundwater pumps with solar powered pumps for more efficient irrigation which would increase crop production in India.

This step will help farmers from archaic power lines and expensive diesel fuel to run their water pumps.

 

[fsayed]

Trade deficit narrows on 77 per cent drop in gold imports - The Economic Times on Mobile

 

[fsayed]

Railway minister Mallikarjun Kharge today presented the interim rail budget and said that passenger fares and freight rates will not be increased. He also indicated there are plans to involve the private sector and bring in Foreign Direct Investment to boost modernisation efforts in this critical sector.

The rail budget received praise from all quarters. CII welcomed it and said that allowing FDI in railways and encouraging Joint Ventures and PPPs must be explored to access funds. “This will infuse the necessary momentum to rail infrastructure upgradation”, said Director General, CII, Chandrajit Banerjee,

 

[luckych]

Secret's out: Victoria's, other US biggies court Bangalore tech

A racy international lingerie brand, one of the world's largest beer makers, the largest food and agriculture company, and an American home improvement store chain have one thing in common — they are looking at Bangalore's technology firepower to re-imagine their businesses, say people close to these developments.

Limited Brands, makers of Victoria's Secret lingerie, is establishing its first-ever global in-house centre (GIC) in Bangalore. The centre will do data analytics - analyze vast quantities of customer and retail information to create better products and improve customer satisfaction.
The $10-billion US firm, which also has brands like Pink, Bath & Body Works, Henri Bendel and La Senza, has sought the nod of the Foreign Investment Promotion Board to set up the technology centre.

In the meantime, it has leased real-estate space in Manyata Tech Park.

An email sent to Limited Brands didn't elicit any response.

Three other US companies — the $50-billion home improvement and hardware store chain Lowe's, the $137-billion food major Cargill and the $14-billion healthcare company Baxter International - are also said to be close to setting up GICs in Bangalore. For Lowe's, the centre will be a strategic outpost to do high-end technology work.

Sources said the senior leadership team of one of the world's largest beer makers visited Bangalore last week to meet representatives of IT industry body Nasscom and other leaders who have grown GICs to scale.
GICs, or captive centres as some call them, were first established in India for its lower costs, but most have now moved up the value chain to become an integral part of the parent companies' operations. "GICs are delivering impact-driving process change and efficiency across the enterprise. They are working on new revenue channels that are a significant contributor to the enterprise topline and working on products for emerging and local markets," said K S Viswanathan, vice-president of the GIC initiative at Nasscom.

There are over 1,600 GICs globally with Indian accounting for 43% of them. GICs contribute $20 billion in revenues accounting for 19% of the Indian IT-BPO industry revenue and 15% of the workforce. The first wave of GICs included mostly those of global financial companies, the likes of Citibank, StanChart, and HSBC. But thereafter, companies in many other sectors followed.

Now, the Karnataka government, together with Nasscom and ANSR Consulting, promoted by former Target India president Lalit Ahuja, are working on the Bangalore 50K Plan to make the city the GIC capital of the country. The plan is to bring 25 GICs to Bangalore in the next five years and create 50,000 jobs.

"Some of the companies are located in the US hinterland, in places like Milwaukee, Wisconsin, and Cincinnati, Ohio, which don't have sizable talent pools. Some of these firms are in the middle of a business transformation and cannot outsource work to third-party IT vendors because they are strategic imperatives," said Ahuja.

GICs usually do strategic work and and outsourcing vendors are used to build capacity. "Some of the recent regulatory changes have forced companies to keep data inhouse, and not allow data to reside in third-party IT vendors' premises," Ahuja said

Secret's out: Victoria's, other US biggies court Bangalore tech - Times Of India

 

[cloud_9]

India's Air Costa places $2.94 bn order for 50 E-Jets E2 Embraer aircraft

SINGAPORE: Air Costa on Thursday ordered 50 E-Jets E2 aircraft from Brazilian manufacturer Embraer worth $2.94 billion, both companies announced.

The deal with Air Costa also includes purchase rights for 50 more of the aircraft, they said at the Singapore Airshow.

With the orders, Air Costa will become the first customer of the E-Jet E2 in the Indian market when it takes the first delivery in 2018, Embraer, the world's third largest commercial aircraft manufacturer, said in a statement.

Air Costa executives said they would use the jets to fly routes in secondary and tertiary markets in India.

Air Costa is part of India's LEPL Group, a diversified company with interests in property and infrastructure development.

The airline started operations in October last year serving several second-tier Indian cities.

The E-Jets E2 aircraft family can seat between 70 and 130 passengers. "Our focus has been the tier-two and tier-three cities in India," Air Costa chief financial officer Vivek Choudhary told a media briefing.

"Our philosophy is that we believe that 70 percent of the population, of the huge 1.2 billion population in India, still reside in these non-metros," he added.

"And that is where we feel we need to add value and capitalise on the market... basically we are linking the metros to the smaller cities."

Choudhary said the carrier expected the air transport sector in India to grow at "approximately 15 percent on a cumulative average for the next 15 to 20 years".

"The huge size of the middle class in India and the profitability levels that are going up adds to the demand in air travel," he added.

Air Costa chairman Ramesh Lingamaneni brushed off concerns that airport infrastructure in the second-tier Indian cities the carrier is targeting may not be up to scratch.

"There is no question on the infrastructure... They (the government) have given a lot of support."

The past two days of the airshow, which runs until Sunday, had been dominated by orders for aircraft from Europe's Airbus and its US rival Boeing.

On Wednesday, Airbus said it received its first order of the year for its flagship A380 superjumbo when leasing firm Amedeo signed an $8.3 billion deal for 20 of the aircraft.

At the start of the airshow on Tuesday, fledgling carrier VietJetAir also ordered 63 Airbus A320 jets worth $6.4 billion.

Boeing on Wednesday announced that Thai budget carrier Nok Air had committed to buy 15 B737s worth $1.45 billion.

@fsayed Post News from newspapers only.You have plenty of other threads to post your stuff.