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During the inaugural address, P Parvathisem, former president, IIM and former CMD of NALCO and also Hindustan Copper Ltd, said that India remained unaffected by the global meltdown mainly because of various regulatory and control mechanisms and by nature being conservative in our approach. India was expected to grow at about 7 per cent. India witnessed substantial growth, progress in Zinc and Copper production and have to progressively invest in exploration and mining. In case of Aluminium, India was endowed with rich deposits and required R&D efforts for making Alumina. In case of lead, we should strive to develop it in a big way, he said.

"The main customers for the wire and cable industry are the automotive, telecommunication and construction industries. In the past few years, these three have witnessed a rapid expansion and have led to an annual growth of about 25% in India. The government of India has begun to Focus primarily on public private partnerships with major infrastructure projects. With an investment need of about $450 billion until 2012, the infrastructure construction is the growth engine for the construction industry, especially for the development of the transport sector. "

"According to recently published TechSci Research report "India Power and Distribution Transformers Market Forecast and Opportunities, 2020" the market for power and distribution transformers in India is projected to grow at a CAGR of 10.5% during 2015-20."

" Aluminum has replaced copper in many of the gadgets sold in India like cooling equipment among other uses. Aluminum to copper substitution in India is catching up with a great space."

According to Malhan, mega projects and expansion plans are being reviewed, with the corporate sector now focused on managing costs and reducing borrowings. "We are just at the beginning of the problem in India. I expect January to June 2009 to be the worst period. Early signs are emerging from the way budgets are now being designed, with hiring decisions only passed if the need is critical and travel either completely discouraged or downgraded to economy class only", says Sunit Mehra, managing partner, Hunt Partners India.

"He concludes that standard macroeconomic factors alone (growth, interest rates, global growth, and global financial market volatility) fail to fully explain the recent investment deceleration. He further concludes that while the importance of structural factors in explaining the recent weakening of aggregate investment is not entirely clear, at the micro level, panel data analysis suggests that improving the business environment by reducing costs of doing business, deepening the financial system, and developing infrastructure, could stimulate corporate investment." The IMF's (2013a) recent staff report on India argues that several causes of weaker growth seem to be of a supply-side nature. The following key factors are listed as possible contributors to the recent investment slowdown: Rising policy uncertainty. In particular, high profile tax policy decisions announced in the 2012/13 Budget have reduced foreign investors' interest in India, while the increasing difficulty of obtaining land use and environmental permits have raised regulatory uncertainty for infrastructure and other large-scale projects. Delayed project approvals and implementation. As a reaction to high-profile governance scandals, project approvals, clearances, and implementation have slowed sharply. Supply bottlenecks are particularly pronounced in mining and power, with attendant consequences for the broader economy, especially manufacturing.

"The plant has also got its own Ultra High Voltage (UHV) Laboratory, which is one of its kind in India. BHEL is the largest manufacturer of transformers in India, having supplied more than 4,000 transformers, aggregating to over 3,00,000 MVA in cumulative capacity for transmission and distribution networks, which are the mainstay of the Indian Grid."

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"This market insight provides an outlook of the growth opportunities for the rail industry in India. Ambitious government plans coupled with unprecedented levels of foreign investment are leading to a complete overhaul of the rail environment in India. Over 39 cities are planning to invest in expansive urban rail networks to address severe traffic congestion problems. High-speed rail and dedicated freight corridors are planned to separate passenger and freight traffic to increase operating efficiency."

India's Department of Scientific and Industrial Research released a study this week that says e-waste is growing at a rate of 10 percent a year in India, with 95 percent headed to urban slums for segregating,

India has shipped close to 85 million mobile handsets between April 2007 and March 2008, compared to under 66 million units shipped in the previous fiscal, registering an year-on-year growth of around 29 per cent.

Australian mining major Rio Tinto today said it was bullish on mining prospects in India and is looking into opportunities in eight states in the country

TOKYO: India will achieve a GDP growth rate of 7.5% to 8% this year despite the current global economic turmoil, which has only partially affected the country, Prime Minister Manmohan Singh has said.

NEW DELHI: India has surpassed the US to to have the world's second largest wireless network in the world after China with the addition of 10.16 million wireless subscribers at the end of March.

London-headquartered Luvata Group, a major semis fabricator, announced its intention to establish a new production facility in India as it endeavours to capture around 10% of this emerging market by 2015. The company anticipates that growth in the domestic heat transfer market will surge by 25% per annum, driven by demand from the processed-food, supermarket retail, horticultural crops and pharmaceutical sectors. Development of an effective refrigeration supply chain is one of the targets of the Ministry of Food Processing Industries and Luvata has highlighted opportunities in reducing the waste produced by India's large fruit and vegetable market.

"India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability."

"Green energy could give many more Indians access to electricity. "Forty per cent of India is still not connected to the grid," says Krishnan Pallassana of the Climate Group, an international think tank. "Clean energy, particularly solar and wind, could eventually connect these homes via renewable sources, and revitalise India's failing energy system.""

A new era for commodities Cheap resources underpinned economic growth for much of the 20th century. The 21st will be different. NOVEMBER 2011 * Richard Dobbs, Jeremy Oppenheim, and Fraser Thompson Source: McKinsey Global Institute, Sustainability & Resource Productivity Practice In This Article Exhibit: In little more than a decade, soaring commodity prices have erased a century of steady declines. About the authors Comments (2) Has the global economy entered an era of persistently high, volatile commodity prices? Our research shows that during the past eight years alone, they have undone the decline of the previous century, rising to levels not seen since the early 1900s (exhibit). In addition, volatility is now greater than at any time since the oil-shocked 1970s because commodity prices increasingly move in lockstep. Our analysis suggests that they will remain high and volatile for at least the next 20 years if current trends hold-barring a major macroeconomic shock-as global resource markets oscillate in response to surging global demand and inelastic supplies. Back to top Demand for energy, food, metals, and water should rise inexorably as three billion new middle-class consumers emerge in the next two decades.1 The global car fleet, for example, is expected almost to double, to 1.7 billion, by 2030. In India, we expect calorie intake per person to rise by 20 percent during that period, while per capita meat consumption in China could increase by 60 percent, to 80 kilograms (176 pounds) a year. Demand for urban infrastructure also will soar. China, for example, could annually add floor space totaling 2.5 times the entire residential and commercial square footage of the city of Chicago, while India could add floor space equal to another Chicago every year. Such dramatic growth in demand for commodities actually isn't unusual. Similar factors were at play throughout the 20th century as the planet's population tripled and demand for various resource