| | NOVEMBER 20268LANXESS and Hindustan Colas Private Limited (HINCOL) have signed a Memorandum of Understanding to explore collaboration in advanced bitumen and asphalt modification technologies for India's infrastructure sector. The partnership will focus on technical assessments, commercial trials, and market development to improve road quality, production efficiency, and construction sustainability.Under the agreement, the companies will evaluate LANXESS' Radico Khaitan has ap-pointed Chief Financial Officer Dilip K. Ban-thiya as Whole-time Director, also designated Executive Di-rector & CFO, and promoted Aavin has raised the prices of its dairy products -- ghee, butter, buttermilk, milkshakes, and sweets by 10 percent to 25 percent -- starting Wednesday (October 28). The cooperative attributed the adjustment to escalating ingredient expenses, and the majority of products will experience a price hike of 10 percent to 15 percent. Nonetheless, the prices of milk stay unchanged.The cooperative stated that the update was not meant to create profits and that over 90 percent of the extra income would be directed towards supporting milk producers. The initiative was described as targeting the enhancement of producers' earnings and reinforcing the cooperative milk procurement system in light of increasing production expenses, while guaranteeing a steady supply of quality products at fair prices. LANXESS, HINDUSTAN COLAS TO BUILD ROAD CONSTRUCTION TECHNOLOGIESRADICO KHAITAN APPOINTS DILIP K. BANTHIYA, ELEVATES SAKET SOMANIAAVIN HIKES PRICES OF MILK PRODUCTS FROM WEDNESDAYGADKARI URGES INDUSTRY TO MANUFACTURE TUNNEL BORING MACHINESNEWSROOM Road Transport and Highways Minister Nitin Gadkari urged the industry to focus on developing tunnel machinery domestically, noting that India plans to invest Rs 7 lakh crore to Rs 8 lakh crore in tunnel development for metro, hydro and other projects over the next five years. On ethanol-blended fuel, Gadkari called opposition to 20 percent ethanol blending in petrol a `paid campaign', saying blended fuel could help India conserve foreign exchange by reducing fossil fuel imports.Addressing concerns over poor highway conditions, he said 700-800 projects had been assessed using Network Survey Vehicles. Gadkari emphasized that high-quality infrastructure is crucial for attracting capital investment, creating jobs and supporting infrastructure and the government's goal of making India the world's third-largest economy. GADKARI URGES INDUSTRY TO MANUFACTURE TUNNEL BORING MACHINESINFRASTRUCTURE & ROAD DEVELOPMENTDAIRY & CONSUMER PRICESINFRASTRUCTURE & ROAD DEVELOPMENTLEADERSHIP APPOINTMENTSAddipave® CR 36, a cross-linking technology for Polymer Modified Bitumen applications. Laboratory assessments and large-scale trials will examine its impact on production efficiency, product consistency, quality, operational safety, and modified bitumen performance. The MoU also covers evaluating and promoting Addipave® WM 23, LANXESS' Warm Mix Asphalt additive technology, supporting efforts to advance road construction practices across India and improve infrastructure durability through innovative solutions. Road Transport and Highways Minister Nitin Gadkari urged the industry to focus on develop-ing tunnel machinery domes-tically, noting that India plans to invest Rs 7 lakh crore to Rs 8 lakh crore in tunnel devel-opment for metro, hydro and other projects over the next five years. On ethanol-blended fuel, Gadkari called opposition to 20 percent ethanol blending in petrol a `paid campaign', saying blended fuel could help India conserve foreign ex-change by reducing fossil fuel imports.Addressing concerns over poor highway conditions, he said 700-800 projects had been assessed using Network Survey Vehicles. Gadkari emphasized that high-quality infrastructure is crucial for attracting capital investment, creating jobs and supporting infrastructure and the gov-ernment's goal of making India the world's third-largest economy.
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