BEML launches India's largest indigenously developed electric rope shovel
BEML
Limited, a Public Sector Undertaking, on Tuesday announced the launch of the country's largest indigenously designed and developed electric rope shovel-BRS21. Describing it as a technological marvel,
BEML
said the BRS21 rope shovel is entirely designed, engineered, and manufactured in India.
#Pahalgam Terrorist Attack
The groundwork before India mounts a strike at Pakistan
India considers closing airspace to Pakistani carriers amid rising tensions
Cold Start: India's answer to Pakistan's nuclear threats
According to BEML, the high-capacity
electric rope shovel
is purpose-built for large-scale overburden removal in opencast mining operations.
"This electric giant marks a historic shift in large-scale surface mining by offering an eco-friendly, zero-emission solution for overburden removal in opencast mines. Weighing an impressive 720 tons and equipped with a 21-cubic-meter bottom dump bucket, the BRS21 stands as one of the most capable and advanced machines in its class," BEML said in a statement.
The monumental
mining equipment
was formally handed over by Shantanu Roy, Chairman and Managing Director of BEML, to B Sairam, Chairman and Managing Director of Northern Coalfields Ltd (NCL), at Nigahi Mines, Singrauli, Madhya Pradesh.
"This moment marks a proud milestone for the nation as we advance the Prime Minister's vision of
Aatmanirbhar Bharat
. The successful development of this colossal mining equipment by BEML in just 24 months speaks volumes about our engineering strength and collective resolve," said Roy.
Live Events
"It's not just a triumph for BEML but a defining moment for India's coal sector, ushering in a new era of sustainable and self-reliant mining solutions," he added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
German firm plans to open its first tech centre in India at Indore
Indore: A German tech firm announced plans to invest at least $8 million to establish a technology centre in Indore, marking its first setup in India. Another Berlin-headquartered technology company also expressed interest in establishing a technology centre in the state, focusing on the service sector.A delegation of five German technology companies visited Indore on a week-long trip concluding on August 22 under the state's Global Startup Exchange Programme. They held meetings with officials from the industries department and key tech firms on Tuesday. The delegation is part of the memorandum of understanding signed between Madhya Pradesh Industrial Development Corporation (MPIDC) and Germany India Innovation Centre (GIIC) during the Global Investors Summit held in Bhopal in Feb 2025. GIIC managing director Siddharth Bhasin said, "The objective behind this visit is locking some good deals and collaboration. German investors are exploring opportunities to share technology and expertise with tech companies of Indore. India is primarily known for its IT services, but the collaboration with German firms could aid in establishing firms working on product development in healthcare, edtech, and others." Speaking on the sidelines of an industry meeting in Indore, the German tech firm, Q-nnect AG chief product officer Andre Lange said, "We want to set up a tech centre in Indore and be part of building an ecosystem in the state of Madhya Pradesh. The estimated cost of the tech centre is between $8-10 million, and this facility will make the state more competitive for attracting investments from more tech firms." German AI and software development companies stated that the presence of IT giants like TCS, Infosys and Infobeans, among others in Indore — a home to more than 1000 big and small IT firms—makes the place suitable for German investments and collaborations. "I have explored Bengaluru, Hyderabad, and other Indian cities and found Indore well suited as it has talent due to the presence of IIT and IIM, ease of doing business, and favourable policies for tech companies," said Lange. Another German tech company stated they are in advanced talks with a homegrown listed IT firm for collaborating on technology sharing, soft training, and providing advanced services to clients. "We are in talks with an Indore-based IT giant for collaborating with them with a focus on the services sector. We are also planning to set up a tech centre but have not decided on the location. We are considering Indore seriously because this place has good availability of talent and, most importantly, this is not saturated, which makes it a great place to operate," said Joanna Maja Morzy, marketing and operations lead at Talonic. German tech firms mentioned that the tariffs imposed by the United States will help further strengthen the business relationship with India and pave the way for new avenues for other nations. The German delegation held closed-door meetings and workshops with homegrown IT company Infobeans, followed by interactions with other tech firms and industry department officials at the office of MPIDC. MPIDC Indore executive director Himanshu Prajapati said, "The govt is playing a supportive and encouraging role in international partnerships and technical cooperation. The operating cost in Indore is much lower compared to metro cities, while the city's liveability makes it even more attractive for entrepreneurs and investors to work here. As the digitization of data in India is still in its early stages, and data duplicity affects accuracy in the long term, the country is currently focusing on the integration of AI and data-driven services." "We are finding immense opportunities to collaborate on the AI side. We will help some of them with their go to market strategy in India and to our customers. German companies are doing some really good work on the generative AI side," said Infobeans co-founder Siddharth Seth.
Time of India
an hour ago
- Time of India
AI Impact: Big discounts in IT deals hurt, but tech spend set to rise, says Coforge CEO
Major clients renewing IT contracts at 30-50% lower rates, citing increasing use of artificial intelligence (AI), is deflationary for the outsourcing industry, Coforge chief executive Sudhir Singh said. At the same time, however, technology spends on transformational projects are on the rise, he told ET in an interview.'Every time there is a disruptive technology, tech spend as an aggregate always increases,' Singh said, adding that Coforge aims to capitalise on $283-billion outsourcing industry's clients globally are seeing a contraction in the investments on 'run budgets' such as infrastructure, maintenance, and testing, he noted. 'Having said that, there is no enterprise which is saying that with AI having come in, we will reduce our spend on technology. They understand it is a massive lever for driving change and transformation,' Singh added. Amid AI disruption and an uncertain macro environment, Indian software service providers are facing heightened cost pressures on account of a fundamental shift in their deals and pricing. Coforge seems to have bucked that trend. The mid-tier IT firm won a $1.5-billion deal from US firm Sabre through request for proposal (RFP) in the March quarter, beating two large IT service providers. For the June quarter, the Noida-and-New Jersey-headquartered firm won five large deals, with total orders worth $507 million. Its revenue rose 8.2% sequentially in rupee terms and by 9.6% in dollar terms to Rs 3,688.6 crore, or $442.4 million. Year-on-year, the revenue grew 54% both in rupee and dollar terms, supported by the Cigniti acquisition. Margins improved to 17.5%, from 16.9% in the preceding quarter, but declined from 18% a year ago. This comes at a time when most larger peers are witnessing a sub-5% revenue growth and Coforge's immediate rivals are seeing a margin crunch. As of March end, the company is the eighth largest Indian IT firm with a revenue of $1.45 billion for FY25, behind Mphasis , which reported a revenue of $1.68 billion for the fiscal. In 2020, NIIT Technologies was rebranded as Coforge a year after it was taken over by Baring Private Equity Asia. Its revenue was $600 million then. 'We were a small cap,' Singh said. 'When we came was three times our size. We will, I think, take over Mphasis next quarter, we should be the biggest mid cap.' Coforge has been reporting stronger growth than larger industry peers, steadily climbing the ranks among the top 10 IT companies. Singh also expects the company's margin to go up by at least 140 basis points, or 1.4 percentage points, in FY26 despite subdued demand and macro environment. 'We'd be very comfortable growing around 18-19% in the short term, till we hit $5 billion,' he said. Singh also underlined that there is no material de-hyphenation of revenue-to-headcount growth at present and majority of the impact on jobs is still on select AI-based projects. The fixed-price and milestone-based contracts continue to demand employees and Coforge will continue to increase its workforce as of now, he said. While clients are looking to slash the run budget, they are increasing the 'change budget,' which used to be called the development projects. 'These days, we call it transformation projects. Such projects' conversion does not happen through RFPs (request for proposals) as enterprises are still not yet fluent on how to apply AI to drive such projects,' Singh said. 'We, for one, try to focus more on the change bucket, where you don't have to compete with an RFP that has come out,' he added.
Time of India
an hour ago
- Time of India
Driving the future: AI, EVs, and policy shape India's auto sector
India's auto sector is at a turning point, driven by software innovations, clean energy transitions, and policy-led industrial moves. From software-defined vehicles and AI-powered platforms to semiconductor localisation and ethanol fuel shifts, these developments are reshaping mobility and manufacturing. New launches in battery traceability, autonomous buses, and modular EVs show how fast the future is arriving. Together, these shifts highlight an industry evolving toward smarter, greener, and globally competitive it matters: From EV adoption to semiconductor capacity, and from AI-enabled design to sustainable fuels, these developments will directly shape India's automotive competitiveness, influence consumer experience, and determine how quickly the industry can transition towards global leadership. India's SDV roadmap moving in three tracks: Continental Continental outlined India's journey toward software-defined vehicles (SDVs), identifying three distinct tracks: domain centralisation, zonal architecture, and full SDV realisation. The company stressed the need for OEM–tech collaboration. Read more India's E20 fuel transition leaves car owners facing mileage and repair issues The government's push for E20 ethanol-blended fuel has led to complaints of reduced mileage and higher maintenance costs. Automakers are being urged to improve engine compatibility while consumers weigh cost implications. Read more Tata Technologies launches digital battery passport 'WATTSync' Tata Technologies introduced WATTSync, a digital passport for EV batteries designed to improve traceability, transparency, and compliance across the battery lifecycle. Read more E3 unveils AI-powered modular scooter and delivery moped Bengaluru-based E3 launched India's first AI-powered modular two-wheeler platform, designed for both consumers and delivery fleets, with predictive analytics and modular design features. Read more Cabinet clears four semiconductor units in Odisha, Andhra Pradesh, and Punjab The Union Cabinet approved four new semiconductor manufacturing facilities, a key step toward localising chip production and reducing dependency on imports. Read more Engineering the future of commercial vehicles: AI, modular platforms, and virtual twins The commercial vehicle industry is adopting AI, modular platforms, and digital twins to reduce costs, improve efficiency, and accelerate product cycles. Read more Tech, policy and the road ahead for commercial EV transition Industry leaders and policymakers highlighted the role of incentives, charging networks, and digital solutions in accelerating commercial EV adoption. Read more IIT-Hyderabad rolls out India's first driverless electric buses IIT-Hyderabad deployed fully autonomous electric buses for intra-campus mobility, marking the first operational rollout of driverless EVs in India. Read more Key Takeaways & Upcoming Trends Software-defined vehicles will dominate R&D pipelines, pushing India into the global mobility software race. Ethanol transition highlights consumer–policy gaps that need resolution for smoother adoption. Digital battery passports will strengthen EV supply chains and compliance. AI and modular platforms are reshaping both personal and commercial transport. Semiconductor localisation is emerging as the backbone of future auto innovation. Autonomous EV pilots are moving into practical deployments, starting with controlled ecosystems. For insights into the fast-evolving automotive tech space, follow ETAuto for weekly analysis, trends, and deep dives. We'd love to hear what you think about this edition of the newsletter! Your feedback and suggestions help us improve and deliver content that matters to you.
