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US-based electric vehicle maker Tesla has registered with the Registrar of Companies in India as Tesla India Motors and Energy Private Ltd. It incorporated itself in Bengaluru on January 8 with an authorised capital of Rs 15 lakh and a paid-up capital of Rs 1 lakh. “Tesla setting up its office in the state is a welcome step. “We will cooperate with it and give it all the facilities to function smoothly,” said Karnataka Industries Minister Jagadish Shettar. No location has yet been finalised for Tesla to set a manufacturing plant in the state, he added. Gaurav Gupta, principal secretary to the government of Karnataka, said the state had been in regular touch with Tesla for the last few months. ....
Union Minister for Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari on Saturday lashed out at Cement factories and said they are exploiting the present situation real estate market. Cement factories are exploiting the situation. It s not in national interests. We are planning to implement infrastructure projects worth Rs 111 lakh crores in the next 5 years. If rates of steel and cement continue like this, it ll be very difficult for us, said Gadkari while interacting with Builders Association of India, Western Region via video conferencing, the Minister said while interacting with Builders Association of India, Western Region via video conferencing. There is a cartel in the cement and steel industry. Every steel company has its own iron ore mines and there has been no increase in labour and power costs but they are increasing rates. It is difficult for me to understand (the reason behind it), Gadkari added. ....
Union Minister for Road Transport and Highways Nitin Gadkari has announced that a multi-model logistics park will be constructed in Silchar and the Balacherra-Harengajao section of the Silchar-Saurashtra Highway will be completed in March 2022. According to a press statement, Gadkari made this announcement at a public meeting at Zero Point on the East-West Corridor at Madhurmukh at Rangpur here on Friday. It is pertinent to mention that the Union Minister unveiled a 13-foot tall bronze statue of former Prime Minister Bharat Ratna Atal Bihari Vajpayee. In response to the request made by Chief Minister of Assam Sarbananda Sonowal, Union Minister Gadkari said that the logistics park will be constructed in Silchar and construction works of East-West Corridor would be expedited and two new bridges would come up over the Barak river. ....
Union Minister Nitin Gadkari will inaugurate and lay the foundation stone for 18 highway projects in Rajasthan virtually on Thursday. According to a press statement from the Ministry of Road Transport and Highways, these projects carry a road length of nearly 1,127 kilometres, involving a construction value of Rs 8,341 crores. Paving the way for the development of Rajasthan, these roads aim to enhance better connectivity, convenience and economic growth in the state. Rajasthan Chief Minister Ashok Gehlot will preside over the virtual function which would be attended by Union Minister Gen (Retd) VK Singh and several ministers from the state. Earlier on Monday, Gadkari inaugurated and laid the foundation for 14 national highway (NH) projects in Telangana through video conferencing. ....