Indian transport infrastructure more in the spotlight again...

Indian transport infrastructure more in the spotlight again after the very sad derailment the other day , can't deny the involvement with TATA will be fruitful

“VRFBs (Vanadium Redox Flow Batteries) are displacing lithium-ion batteries for long duration storage with low maintenance costs, long operational lifetimes, and low performance degradation – vanadium for VRFB use is expected to grow to 33% of global market by 2030 and 75% by 2040 eclipsing the current market share dominance of steel applications.

“Meanwhile, India is leading the growth in the steel market – huge spending on their transport infrastructure – 1.7% of GDP in 2023. Vanadium is the key alloying element for high speed rail tracks being laid all across India. Vanadium in steel consumption in India will increase from about 5,000tpa to 17,000tpa by 2030 to meet all the infrastructure demands.”