Tag: Indias

  • IIT-Hyderabad, Simpliforge make India’s 3D printing prototype bridge

    IIT-Hyderabad, Simpliforge make India’s 3D printing prototype bridge

    [ad_1]

    Hyderabad: IIT-Hyderabad in collaboration with Simpliforge Creations has developed India’s prototype bridge using indigenous 3D printing technology.

    3D printing is a process used to create three-dimensional physical objects with a computer-created design, by adding several successive thin layers of material.

    Developed and evaluated by Professor KVL Subramaniam and his research group, Department of Civil Engineering, IIT Hyderabad, the prototype bridge is currently undergoing load testing and evaluation for functional use.

    IIT Hyderabad has designed the bridge following the concept of ‘Material follows Force’.

    Simpliforge Creations developed an extrusion and software system specifically for the project to fully exhibit the merits of its 3D printing system.

    Using the industrial robotic arm 3D printers, the bridge was printed off-site in little under two hours at the Simpliforge Printing facility and assembled on-site at Charvitha Meadows, Siddipet.

    Remarking on the invention, Prof Subramaniam said, “3D concrete printing is an emerging technology that has the potential for transforming the construction industry with the promise of rapid, efficient, and free-form construction.”

    Managing director of Simpliforge Creations, Hari Krishna Jeedipalli described the bridge as a testament to the capabilities of 3D construction printing technology and its potential applications in infrastructural requirements, defence, and disaster scenarios owing to its speed and ease.

    [ad_2]
    #IITHyderabad #Simpliforge #Indias #printing #prototype #bridge

    ( With inputs from www.siasat.com )

  • Jewish people will always be integral part of India’s composite society: Prez Murmu

    Jewish people will always be integral part of India’s composite society: Prez Murmu

    [ad_1]

    New Delhi: President Droupadi Murmu on Friday said the Jewish communities in India have maintained and enriched their unique heritage and traditions and will always be an integral part of the country’s composite society.

    Welcoming a Parliamentary Delegation from Israel led by the Speaker of Knesset Amir Ohana, who had called on her, the president said over the last 30 years, the diplomatic relations between the two countries have grown into a multi-dimensional strategic partnership.

    Murmu noted that throughout their long history, the Jewish communities in India have maintained and enriched their unique heritage and traditions, a statement issued by the Rashtrapati Bhavan said.

    She said the Jewish people have been and will always be an integral part of India’s composite society.

    The president said in India, Israel is well known as a key source of expertise in advanced agriculture and water technologies.

    “Our collaboration in research and innovation has also boosted the Make in India’ initiative,” Murmu said.

    “She was happy to note the success of Centres of Excellence’ set up with Israeli assistance across India,” the statement said.

    Subscribe us on The Siasat Daily - Google News

    [ad_2]
    #Jewish #people #integral #part #Indias #composite #society #Prez #Murmu

    ( With inputs from www.siasat.com )

  • India’s defence exports will rise up to Rs 40,000 crore by 2026: Rajnath Singh

    India’s defence exports will rise up to Rs 40,000 crore by 2026: Rajnath Singh

    [ad_1]

    Pune: India would be exporting defence equipment and material worth Rs 35,000 to Rs 40,000 crore by 2026, Union minister Rajnath Singh said on Tuesday.

    The defence minister was delivering the Field Marshal Sam Manekshaw memorial lecture here on ‘The role of youth in nation building’, organized by Symbiosis International University.

    “First, there should be a sense of self-confidence that we will make India `atmanirbhar’ (self-reliant). In 2014, we used to do defence exports of only Rs 900 crore, but since India has adopted Indianization (program), today we are doing the defence export of Rs 15,000 crore to Rs 16,000 crore,” he said.

    He was confident that by 2026, defence sector exports would rise to Rs 35,000 to Rs 40,000 crore, the minister added.

    “There is a need to create an eco-system, and more than the eco-system, there is a need to generate self-confidence among ourselves, as with self-confidence, anything is possible,” he added.

    He was proud of the defence forces which are now meeting 80 percent of their needs through indigenous procurement, Singh said.

    [ad_2]
    #Indias #defence #exports #rise #crore #Rajnath #Singh

    ( With inputs from www.siasat.com )

  • India’s first cable-stayed rail bridge on Anji river in J-K near completion

    India’s first cable-stayed rail bridge on Anji river in J-K near completion

    [ad_1]

    Jammu: The first cable-stayed railway bridge of India is expected to be ready by May this year on the Anji river in Jammu and Kashmir, Northern Railway officials said.

    Once ready, trains will run at a speed of 100 kmph (Km per hour) on the bridge being constructed around 80 km away from Jammu, they said.

    Anji bridge between Katra and Reasi stations falls in the Reasi district of the union territory of Jammu and Kashmir. The upcoming structure is part of the ambitious Udhampur-Srinagar-Baramulla-Rail Link (USBRL) project that railway minister Ashwini Vaishnav had announced to be completed next year.

    According to officials, the last deck portion of Anji bridge which is designed to withstand the wind at the speed of 213 kmph is expected to be completed in May this year as six more segments of the bridge are yet to be launched.

    “We have already completed 41 out of 47 segments. We are hopeful that the remaining ones would be completed by April-end or in the first week of May,” the official said.

    He said the central span of the cable-stayed bridge is 290 metres and only a 52.5-metre portion remains to be completed.

    “The speed of trains will be 100 kmph on this bridge which is the speed for the entire project. However, the trains will be stopped if the wind speed goes beyond 90 kmph,” the senior official said.

    Currently, trains operate between Udhampur to Katra section. The project work on the 111-km Katra to Banihal line is currently underway and 52 km of this section including the bridges on Anji and Chenab are being built by the Konkan Railway. Banihal and Baramulla are also connected by trains.

    Once completed, the USBRL project will connect the Kashmir Valley to the Indian rail network.

    Anji bridge is an “asymmetrical” bridge erected on a single pylon and it has tunnels on both ends. A tunnel on the Katra end is 5 km in length while another on the Kashmir end is 3 km in length. A track is laid in both tunnels, according to officials.

    The cable-stayed portion of Anji bridge is 472.25 metres while the total length of the bridge is 725.5 metres, which is divided into four parts including an embankment, officials said.

    The deck level of the 193-metre tall bridge from the foundation is 51 meters, while the invested Y-shaped pylon above the deck level is 142 meters, the officials said, adding that the bridge work started in 2017.

    However, the main cable-stayed bridge work started in April 2018, after the completion of the approach portion, an official said.

    The official said the bridge has the codal life of 120 years and it will be able to bear the explosion of 40-kg of explosive material. The bridge will also have an integrated monitoring system with numerous sensors installed at various locations.

    “Site-specific earthquake parameters studies were carried out by the Department of Earthquake Engineering, Indian Institute of Technology, Roorkee, to define the seismo-tectonic framework for the region,” the officer said.

    According to railway officials, the bridge is located in the young-fold mountains of the Himalayas having extremely complex, fragile and daunting geological features in the form of faults, folds and thrusts. Besides seismic proneness of the region, detailed site-specific investigations were carried out by IIT, Roorkee and IIT, Delhi, they added.

    [ad_2]
    #Indias #cablestayed #rail #bridge #Anji #river #completion

    ( With inputs from www.siasat.com )

  • Sri Lanka settles India’s credit line from very 1st IMF tranche

    Sri Lanka settles India’s credit line from very 1st IMF tranche

    [ad_1]

    Colombo: Sri Lanka has used the very first tranche of the IMF loan of $330 to repay part of Indian credit line.

    State Minister for Finance Ranjith Siyambalapitiya told media that $120 million was used to settle the loan taken from India.

    “Over the recent past India gave credit lines to import much-needed essentials, including medicine and fuel, and we were to settle part of it on Thursday which we did it on that day itself,” the State Minister said.

    “It is important that we follow the debt repayment,” he added.

    Following the economic crisis and Sri Lanka defaulted on its debt
    in April last year, India provided financial support of more than $4 billion, including credit lines.

    India was also one of the first countries that helped Sri Lanka to get the IMF bailout by agreeing to restructure its debt with the troubled southern neighbour.

    Following China, Sri Lanka’s biggest bilateral creditor, agreeing to restructure its loans, the IMF agreed to award the conditional loan which would be given within a period of 48 months.

    Sri Lanka’s financial crisis with shortages of essential items such
    as food, fuel and medicine with long queues to purchase them, people took to street in March last year.

    Street fights toppled Sri Lanka’s government forcing President Gotabaya Rajapaksa to flee the country, passing his presidency to Ranil Wickremesinghe.

    [ad_2]
    #Sri #Lanka #settles #Indias #credit #line #1st #IMF #tranche

    ( With inputs from www.siasat.com )

  • ‘Inaccurate map’: Pakistan skips SCO meeting after India’s objection

    ‘Inaccurate map’: Pakistan skips SCO meeting after India’s objection

    [ad_1]

    Pakistan did not attend a meeting of military medical professionals organised by the Shanghai Cooperation Organization (SCO) on Tuesday because the Indian side objected to the use of maps that wrongly depicted the country’s borders, particularly in Kashmir.

    According to a report by the Hindustan Times, the Indian side, including the foreign affairs ministry, highlighted the issue when Pakistani officials used identical maps at a previous SCO conference. India is holding a series of official and ministerial meetings in preparation for the SCO Summit in July.

    The Pakistani side was reportedly using maps that depicted Kashmir as part of the neighbouring nation, an issue that has plagued SCO meetings in recent years.

    Pakistan was to join the think tank conference with the topic “SCO Armed Forces Contribution in Military Medical, Healthcare, and Pandemics” on an official level. The report cited a source stating the Pakistani side did not participate when the Indian side objected.

    The symposium was held at a hotel in New Delhi by the Institute for Defence Studies and Analysis (IDSA).

    The seminar’s goal was to share best practises in military medical, healthcare, and pandemic preparedness. The topic was chosen based on the efforts made by various armed services in combating Covid-19 over the last two and a half years by supplying isolation units, emergency healthcare equipment, and aiding in vaccination programmes in isolated places.

    Subscribe us on The Siasat Daily - Google News

    [ad_2]
    #Inaccurate #map #Pakistan #skips #SCO #meeting #Indias #objection

    ( With inputs from www.siasat.com )

  • Hurt by success of India’s democracy and institutions, some people attacking it: PM Modi

    Hurt by success of India’s democracy and institutions, some people attacking it: PM Modi

    [ad_1]

    New Delhi: Prime Minister Narendra Modi on Saturday said the success of India’s democracy and its institutions is hurting some people and that is why they are attacking it, in an apparent swipe at Congress leader Rahul Gandhi over his criticism of the state of democracy in the country.

    When the country is full of confidence and resolve, and intellectuals of the world are optimistic about India, talk of pessimism, showing the country in poor light and hurting the morale of the country also takes place, he said at the India Today Conclave.

    “When something auspicious is happening, there is a tradition to apply ‘kaala tika’, so when so many auspicious things are happening, some people have taken the responsibility to apply this ‘kaala tika’,” Modi said, without naming anyone.

    His remarks come amid a political slugfest over Gandhi’s remarks during his recent visit to the UK, with the BJP accusing him of maligning India on foreign soil and seeking foreign intervention.

    Modi said India has shown the world democracy can deliver.

    He said, “The success of India’s democracy and its institutions is hurting some people and that is why they are attacking it.”

    Modi said he is confident that despite such attacks, the country will move forward to meet its objectives.

    Targeting the Opposition, Modi said scams used to make the headlines earlier but now the “corrupt” joining hands over action against them is making news.

    The world is stating that this is India’s moment and this has been made possible because of the change of promise and performance in the country, Modi said.

    The prime minister said all governments worked according to their abilities and got results according, but his government wanted new results and worked on a different speed and scale.

    “Today India is the fastest growing economy in the world, it is the number one in smartphone data consumers, it is the second biggest mobile manufacturer and has the third biggest startup ecosystem,” he said.

    Leading economists, analysts and thinkers of the world are saying in one voice that it is India’s moment, the prime minister said.

    [ad_2]
    #Hurt #success #Indias #democracy #institutions #people #attacking #Modi

    ( With inputs from www.siasat.com )

  • India’s smart home security camera market grows 44 pc

    India’s smart home security camera market grows 44 pc

    [ad_1]

    New Delhi: India’s smart home security camera market shipments experienced 44 per cent (on-year) growth in 2022, a report has said.

    Xiaomi led the market in 2022 with a 33 per cent share. Tapo registered 88 per cent growth and maintained its second position in 2022 with a 17 per cent share, according to Counterpoint Research.

    The market remains dominated by Chinese players, with the Indian brands accounting for 23 per cent of total shipments last year.

    EZVIZ jumped to the third spot with a 16 per cent share as its shipments almost tripled.

    Shipments in the Rs 1,500-Rs 2,500 price band remained the highest in 2022, capturing 64 per cent share.

    “In a price-sensitive market such as India, the entry-level price point of smart cameras (Rs 1,500) also creates a big demand pull,” said research analyst Varun Gupta.

    “Smart cameras are gaining more popularity among small and medium retailers as they are less expensive and easy to install,” Gupta added.

    In terms of features, the 2MP camera remains popular among users, but we expect the 3MP camera to gain more traction as it is becoming more affordable.

    Senior research analyst Anshika Jain said that indoor smart security cameras accounted for more than 80 per cent of the total shipments.

    “It was mainly driven by increased awareness and importance of indoor home security. Even residential developers are increasingly installing smart camera devices due to the hybrid work model,” she added.

    CP Plus is a well-known Indian brand in the surveillance industry and is taking big strides in the smart camera market as well. It ended 2022 with a top-10 position and 2 per cent market share.

    [ad_2]
    #Indias #smart #home #security #camera #market #grows

    ( With inputs from www.siasat.com )

  • CRISIL forecasts India’s GDP growth at 6 pc in FY24

    CRISIL forecasts India’s GDP growth at 6 pc in FY24

    [ad_1]

    New Delhi: Rating agency CRISIL on Thursday said it expected India’s gross domestic product (GDP) growth to touch 6 per cent in fiscal 2024, compared with 7 per cent estimated by the National Statistical Organisation (NSO) for fiscal 2023.

    The agency also sees average GDP growth over the next five fiscals at 6.8 percent. It added it expects the corporate revenue to log in double-digit rise again next fiscal.

    A complex interplay of geopolitical events, stubbornly high inflation — and sharp rate hikes to counter that — have turned the global environment gloomier, the rating agency added.

    On the domestic front, the peak impact of the rate hikes — 250 basis points since May 2022, which has pushed interest rates above pre-Covid-19 levels — will play out in fiscal 2024, according to a statement of CRISIL.

    CRISIL said consumer inflation is expected to moderate to 5 percent on average in fiscal 2024 from 6.8 percent in fiscal 2023, owing to high-base effect and some softening of crude and commodity prices. A good rabi harvest would help cool food inflation, while the slowing economy should moderate core inflation.

    It said the risks to inflation were tilted upward, given the ongoing heat wave and the World Meteorological Organization’s prediction that an El Nino warming event was likely over the next couple of months.

    Amish Mehta, Managing Director and CEO of CRISIL, said, “India’s medium-term growth prospects are healthier. Over the next five fiscals, we expect GDP to grow at 6.8 percent annually, driven by capital and productivity increases. What is also good to see is the increasing sustainability footprint of capex (capital expenditure).”

    Mehta said nearly 9 percent of the infrastructure and industrial capex is green. “We see this number rising to 15 percent by fiscal 2027. Down the road, the impact of climate risk mitigation will be felt across revenue, commodity prices, export markets and capital spending.”

    Capital investments at a higher scale by the government and expected fresh ones by the private sector will drive medium-term growth, while digitalisation and efficiency-enhancing reforms will raise the contribution of productivity, CRISIL said.

    CRISIL said, “We expect the economy to continue reaping efficiency gains from structural reforms such as the goods and services tax and the Insolvency and Bankruptcy Code. Better physical infrastructure will improve connectivity and lower logistics costs for industries, while digital infrastructure will bring efficiency gains by serving as a platform for innovation and efficient payments systems.”

    Dharmakirti Joshi, Chief Economist, CRISIL, said, “India’s external vulnerability is expected to decline with a narrower current account deficit (CAD) and modest short term external debt. While CAD is expected to narrow to 2.4 percent of GDP (USD 88 billion) next fiscal from an estimated 3 percent (USD 100 billion) this fiscal, its financing may face challenges as foreign portfolio flows remain volatile and external commercial borrowings are less attractive.”

    As for India Inc, CRISIL said revenue growth was expected to touch double digits in fiscal 2024 despite a global slowdown and interest rate hikes, an analysis of 748 listed companies from fiscal 2011 onwards (excluding those from the oil and gas, and banking, financial services and insurance sectors) shows.

    This will be driven by a 10-12 percent growth in revenue for the non-commodity sectors, even as commodity prices remain benign. Importantly, this will follow a 16-18 percent on-year rise in revenues in fiscal 2023 after the commodity supercycle boost in fiscal 2022, the rating agency said.

    According to CRISIL, the revenue increase in fiscal 2023 has been led by an estimated 18-20 percent on-year increase in non-commodity segments, with commodities recording an anaemic 5-7 percent growth coming off a high base.

    Operating margin is expected to improve 120-170 basis points in fiscal 2024 aided by three factors — benign commodity prices, the full effect of price hikes taken in fiscal 2023 playing out, and volume growth, it added.

    In fiscal 2024, margin expansion is projected to be broad-based, with margin improvements across sectors as cooling commodity prices reduce costs, while revenue gets a lift from volume expansion.

    CRISIL said while government policies would continue to push industrial capex and new-age opportunities, infrastructure spending will drive 12-16 percent growth in overall capex next fiscal.

    It added this was to achieve nearly 75 percent of the initial targets set under the National Infrastructure Pipeline by fiscal 2025.

    Suresh Krishnamurthy, Senior Director, CRISIL Market Intelligence and Analytics, said, “Overall industrial capex is seen rising to nearly Rs 5.7 lakh crore on average between fiscals 2023 and 2027, compared with Rs 3.7 lakh crore in the past five fiscals. Nearly half of this incremental capex is being driven by the Production-Linked Incentive (PLI) scheme and new-age sectors.”

    Hetal Gandhi, Director for Research, CRISIL (MI and A), said, “As for domestic demand impetus, growth in urban incomes and government employee payouts should once again outperform rural incomes in fiscal 2024. This would continue to skew consumption towards premium products and stoke the two-speed recovery underway.”

    [ad_2]
    #CRISIL #forecasts #Indias #GDP #growth #FY24

    ( With inputs from www.siasat.com )

  • No change in India’s position on not recognising Taliban: MEA

    No change in India’s position on not recognising Taliban: MEA

    [ad_1]

    New Delhi: India on Thursday asserted that there has been no change in its position on not recognising the Taliban regime in Kabul, in comments that came amid reports of an Afghan foreign policy body asking officials to attend an online programme under the Indian Technical and Economic Cooperation (ITEC) initiative.

    The Institute of Diplomacy under the Afghan Foreign Ministry reportedly conveyed to officials in Kabul to register for the ITEC course which was to be hosted by the Indian Institute of Management (IIM), Kozhikode.

    At a media briefing, External Affairs Ministry Spokesperson Arindam Bagchi also said that the Indian side does not issue any note verbales to any entities that are not recognised by New Delhi.

    A letter issued by the Institute of Diplomacy to informing officials about the ITEC programme also referred to a note verbale from the Indian embassy in Kabul on the course.

    However, Bagchi said there is no question of sending such communication entities that are not recognised.

    “India has been extending capacity building assistance to developing countries across the world through what is called the ITEC programme. This includes online courses,” he said.

    Bagchi said these scholarship courses cover numerous topics and are conducted by different Indian institutions.

    “These courses are also open to nationals of various countries, including Afghanistan.A number of Afghan nationals, both based in India as well as in Afghanistan, have been participating in these ITEC courses,” Bagchi said.

    “Of course, the online courses do not involve travel to India,” he said.

    The MEA spokesperson said there has been no change in India’s position on the Taliban regime.

    “Our position on how we see developments in Afghanistan has not changed. I do not think anything should be read into ITEC courses vis-a-vis that. We certainly would not be issuing note verbales, which are inter-governmental notes, to entities that are not recognised,” he said.

    India has not yet recognised the Taliban regime in Afghanistan and has been pitching for the formation of a truly inclusive government in Kabul besides insisting that Afghan soil must not be used for any terrorist activities against any country.

    India has been pitching for providing unimpeded humanitarian aid to Afghanistan to address the unfolding humanitarian crisis in the country.

    In June last year, India re-established its diplomatic presence in Kabul by deploying a “technical team” in its embassy in the Afghan capital.

    India had withdrawn its officials from the embassy after the Taliban seized power in August 2021 following concerns over their security.

    The ITEC is the leading capacity building platform of the Ministry Of External Affairs.

    Instituted in 1964, ITEC is one of the oldest institutionalised arrangements for international capacity building having trained more than 200,000 officials from 160+ countries in both the civilian and in the defence sector.

    Building on India’s vast and rich network of governance and development-related expertise available in higher educational institutions and training facilities, the ITEC offers nearly 10,000 fully-funded in-person training opportunities through nearly 400 courses offered at 100-plus eminent institutes in India each year.

    [ad_2]
    #change #Indias #position #recognising #Taliban #MEA

    ( With inputs from www.siasat.com )