India turning into global investment hub: Minister
New Delhi, April 22: India is turning into a global hub for investments due to the conducive environment provided by the Central government, Union Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti said on Sunday.
"The Union government is providing environment for the investment in different sectors, that's why in the last few years India is coming up as the global hub of investors," she said at the Global Investment Summit 2018 organised by the Abode 1st Group of Companies in Gurugram.
"The government is taking every possible step to make policies favourable to investors, and result of it we can see investment scenario being built up here," a statement from the organisers quoted the minister as saying.
She added that Non-Resident Indian businessmen and industrialists are also "expanding their businesses in the country".
According to Abode 1st Group of Companies MD Sandeep Singh Deswal, around 400 investors from around the world gathered for the event "and gave their principle consent to invest in different fields".
Abode 1st Group of Companies is a Gurugram-based group dealing in asset management, wealth management and interiors.
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Army operationalises 3D concrete printing tech for quick construction of bunkers, sentry posts
Gangtok (PTI): The Indian Army, in collaboration with IIT Hyderabad, has operationalised on-site 3D concrete printing technology for quick construction of bunkers, sentry posts and protective structures in forward areas of Sikkim, a Defence statement said.
The capability -- already proven in other operational areas earlier -- has been effectively employed by the Trishakti Corps in the Himalayan state, it said.
"The indigenous robotic 3D concrete printer, equipped with a robotic arm, circular mixer, piston pump and generator, is fully vehicle-portable and optimised for rapid movement in mountainous terrain," the statement said.
The printed structures have undergone live ballistic trials, validating their strength and protective performance.
The 3D concrete printing provides major operational advantages, including customised designs, enhanced blast and ballistic resistance, higher compressive strength, improved quality control, efficient use of local materials and rapid construction in tactically acceptable timelines.
It also supports terrain-specific designs and advanced camouflage needs.
The continued adoption of on-site 3D printing represents a significant leap in the Army's engineering and operational readiness, enabling fast, sustainable, and mission-oriented infrastructure development in challenging environments, it added.
