Foundation stone laid for Vadhavan port project
NewsThe foundation stone for the US$ 9.14 billion Vadhavan port project was laid today, aiming to be India’s largest port and among the top 10 globally.
The Indian government plans to close down Wagon India Ltd (WIL), the long established agency, which distributes domestic orders for rail freight cars worth about Rs2bill (US$46 mill) a year…
Government-run Indian Railways (IR) procures most of its rail car requirement through this agency, which was set up jointly with 12 wagon builders in 1974. WIL currently distributes 75 per cent of the orders to its members while the remainder is alloted through open tenders…
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