To boost energy production from non-fossil sources, India is building large light water nuclear power plants along the coast and smaller heavy water units inland. While the light water reactors use foreign technology, the inland heavy water plants are developed with domestic engineering over the last forty years. Construction is ...
Singapore Fund Invests in India's Infrastructure Sector
Singapore’s sovereign wealth fund GIC will invest over $600 million for a 49 percent stake in a private Infrastructure Investment Trust controlled by IRB Infrastructure Developers headquartered in Mumbai. As part of the transaction, IRB will transfer nine of its Build-Operate-Transfer assets into the Investment Trust in which IRB will...
India to Set Up 21 New Nuclear Reactors by 2031
Currently, India has 22 power reactors in operation at seven plant sites with a combined capacity of 6,780 MWe. It now expects to bring 21 new nuclear power reactors with a combined generating capacity of 15,700 MWe into operation by 2031, Jitendra Singh, the country's minister of state for the...
Fatburger Continues India Expansion
In February 2019, Beverly Hills, CA-based FAT Brands announced plans to continue its expansion into the Indian fast-food market. Recognizing continued growth in India, the company plans to co-brand two of its American cuisine giants, Fatburger and Buffalo’s Express, and build sixty more restaurants throughout India over the next ten...
Vodafone, Idea, Achieve 25 % Radio Network Integration
Vodafone Idea Limited, the merged entity of Vodafone India and Idea Cellular, announced the successful consolidation of nearly 25% of its pan-India radio network integration within five months of their merger. The customers of both companies will experience a unified network experience on 2G, 3G and 4G in eight telecom...
India Speeds Up Initiatives for Universal Health Coverage
India's federal minister for Health, J.P. Nadda said, "The Health Ministry is working very hard for the effective implementation of Ayushman Bharat, or the National Health Protection Mission, for a healthy, productive, and prosperous India." Ayushman Bharat will provide 500 million individuals comprehensive primary healthcare services as well as secondary and...