Rs 1,800-cr rail coach factory to come up near Bhopal
Union agriculture minister Shivraj Singh Chouhan will also attend the event, while railways minister Ashwini Vaishnaw will join virtually.
Addressing a press conference at his residence, the CM said, "Railway and metro coaches will be manufactured and supplied across the country and exported abroad. With an investment of about Rs 1,800 crore, the state-of-the-art factory will create direct and indirect employment for over 1,500 people."
He said 60.0630 hectares of land has been allocated for this ambitious railway project in Umaria village in Raisen district. Coaches for Vande Bharat, Amrit Bharat, and metro trains will be produced here. The facility will also boost the development of ancillary units in Bhopal and Raisen districts contributing significantly to the state's economy.
"The project is toward realisation of PM's dream of promoting swadeshi," the CM said, adding his (PM's) resolve to make India economically strong and self-reliant is a great source of inspiration.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Access all TV channels anywhere, anytime
Techno Mag
Learn More
Undo
Yadav informed that PM Narendra Modi will perform 'Bhoomi-Pujan' of 'PM MITRA Textile Park' in Dhar on August 25. "With an investment of Rs 2,000 crore in the ready-made garments sector, the project will generate employment for over one lakh youth, especially from tribal regions," he said.
For the fourth consecutive year, the chief minister announced 'Har Ghar Tiranga' campaign and 'Tiranga Yatra' across the state on the occasion of Independence Day.
The campaign inculcates the spirit of patriotism and swadeshi. "This year's 'Har Ghar Tiranga' Campaign – 2025 will integrate themes of cleanliness and swadeshi," he added.
"From August 2 to 12, programmes focussed on the national flag will be conducted across the state, followed by flag hoisting on houses, offices, and vehicles from August 13 to 15. As part of 'Operation Sindoor', rakhis will be sent to armed forces personnel. Schools will organise competitions related to making the national flag, and there will be cultural programmes and exhibitions. The goal is to involve all sections of society with a target to distribute 1 crore (10 million) national flags, Yadav said.
Stay updated with the latest local news from your
city
on
Times of India
(TOI). Check upcoming
bank holidays
,
public holidays
, and current
gold rates
and s
ilver prices
in your area.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
23 minutes ago
- Indian Express
ISI could have promoted insurgency in Northeast in absence of peace pacts with rebel groups: Tipra Motha founder Pradyot Kishore
Tipra Motha founder Pradyot Kishore Manikya Debbarma Friday said the peace accord between the Centre, the state government and Tripura-based insurgent outfits – National Liberation Front of Tripura (NLFT) and All Tripura Tiger Force (ATTF) – was signed at the right time last year. Pradyot Kishore reasoned that in the absence of the peace accord, Pakistan's Inter-Services Intelligence (ISI) could have created more trouble in the region in the wake of the fall of the Sheikh Hasina-led government in Bangladesh on August 5 last year. Over 328 armed insurgents surrendered after the signing of the peace accord in New Delhi. Apart from government officials and representatives of the rebel groups, Pradyot Kishore was also present during the signing of the accord. On Friday, Chief Minister Dr Manik Saha said the Centre has announced Rs 250 crore to aid the transition of surrendering rebels as per the Memorandum of Settlement (MOS) with the two rebel outfits. CM Saha further said that the peace accord has led to the socio-economic improvement of marginalised groups, boosted employment opportunities and increased tourist inflow in the state, among others. The Union government has signed several peace agreements with rebel groups in the Northeast in recent years. In 2020, it signed the Bodo Accord, followed by the Karbi Peace Accord in 2021, and the peace pact with the United Liberation Front of Asom (ULFA) in 2023, among others. Although militancy in Tripura dates back to 1967, when a small outfit called Sengkrak took up arms, the height of insurgency came in the late 1980s, when a series of insurgent groups, including the NLFT and the ATTF, became active. While most of these militant groups have largely become defunct, a small faction of the NLFT is said to be active in Bangladesh.
&w=3840&q=100)
Business Standard
23 minutes ago
- Business Standard
Govt urges BSNL circles to boost service quality, fix tower power issues
Minister of state for telecom Chandra Sekhar Pemmsani on Friday asked four BSNL circles including UP and Bihar to improve quality of service, resolve tower power issues and take other measures to boost the company's presence. In July last week, Union telecom minister Jyotiraditya Scindia had asked the state-run telecom firm to add customers and grow its mobile service business by 50 per cent in the next year. During a review meeting of BSNL of all circle and business unit heads, the minister asked each unit to increase enterprise business by 25-30 per cent and fixed line business by a minimum of 15-20 per cent. "Reviewed @BSNLCorporate performance of UP, Bihar, MP & West Bengal circles today. Emphasised improving quality of service, resolving tower power issues, timely rectification of fibre cuts, and adopting innovative, locally-suited sales & marketing strategies to strengthen BSNL's footprint," Pemmasani said on social media platform X. The government has pumped in over Rs 3 lakh in the last six years to revive the company. BSNL has posted net profit in two consecutive quarters after a gap of 18 years. The state-run firm had posted a profit of Rs 280 crore in the March quarter of FY25 against a loss of Rs 849 crore in the year-ago period. The company had posted a profit after tax of Rs 262 crore in the October-December period of the previous fiscal year. However, the company has been continuously seeing decline in customer base mainly due to service quality issues. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
&w=3840&q=100)
Business Standard
23 minutes ago
- Business Standard
TVS SCS Q1 net profit soars eightfold to Rs 71 crore on InvIT, ops gains
TVS Supply Chain Solutions, one of the largest integrated supply chain solution providers in India, posted an over eightfold rise in consolidated net profit during the first quarter of 2025–26 to Rs 71.16 crore, compared to Rs 7.47 crore during the April–June quarter of FY25. The rise in profit was mainly due to improved operational performance and gains from an exceptional item following the listing of Rs 1,300 crore worth InvIT by TVS Industrial & Logistics Parks. The offering comprised a fresh issue of Rs 1,050 crore and an offer-for-sale of Rs 250 crore by an existing unitholder. The consolidated revenue for the quarter stood at Rs 2,592.31 crore, compared to Rs 2,539.39 crore in Q1 FY25, marking a year-on-year growth of 2.1 per cent. Adjusted EBITDA on a sequential basis was Rs 172.01 crore in Q1 FY26, as against Rs 156.41 crore in Q4 FY25, a growth of 10 per cent. Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions Ltd, said, 'We have entered FY26 with a continued focus on performance excellence, customer-centricity, and long-term value creation. The new unified structure in Europe and the UK is driving operational synergies and enhancing service delivery through deeper customer engagement and sharper execution. Combining this with our focused business development efforts, we are confident that this alignment will position us to better meet evolving customer needs and unlock new growth opportunities.' The share of profit from TVS ILP, in which TVS SCS holds a 25.2 per cent stake, was Rs 177.23 crore in Q1 FY26. This followed the transfer of 11 million square feet of warehouse space as part of its InvIT (Infrastructure Investment Trust) listing. R Vaidhyanathan, Global Chief Financial Officer, TVS Supply Chain Solutions Ltd, said, 'We began FY26 on a steady note, with improved profit delivery and disciplined execution of our transformation initiatives. Our margin improvement reflects operational discipline across key businesses. Our strategic cost take-out initiatives are tracking well across regions. The restructuring programme in the UK and Europe is set to drive a step-change in operating leverage and long-term margin trajectory by redefining our cost baseline. We are confident of delivering progressive improvements in margin profile and bottom-line performance through the course of FY26 and beyond.' The company has consolidated its Integrated Final Mile (IFM) business into the Integrated Supply Chain Solutions (ISCS) segment across the UK and Europe to further strengthen its end-to-end solutions offering. This strategic move is aimed at meeting growing customer demand for seamless solutions. The unified structure enhances service delivery, sharpens execution, reduces duplication, and supports margin expansion.
