INDIAN PORTS INDUSTRIALISATION
Major ports' cargo handling rises 4.3% to 855 MT in FY25; Paradip, Deendayal cross 150 MT
India's major ports experienced a 4.3% surge in cargo handling, reaching 855 million tonnes in FY 2024-25, fueled by container, fertilizer, and POL throughput. Paradip and Deendayal ports exceeded 150 MT, while JNPA achieved a record 7.3 million TEUs. Increased private investment and land allocation for industrialization signal strong confidence in port-led development.
ETMarkets PMS Talk | Rs 1 cr in April FY25 became Rs 1.38 cr: Here’s how Pawan Bharaddia is building wealth for investors
The foundation of our outperformance lies in disciplined, long-term investing in high-growth businesses. What’s critical to highlight is that the returns have primarily been driven by the earnings compounding, not multiple expansion. In other words, profits have done the heavy lifting—not sentiment-driven rerating.
Tamil Nadu among best states for economic zone: DP World official
DP World Vice President, Economic Zones, India Subcontinent and MENA, Ranjit Ray, said Chennai also has strategic advantages since it is connected to South Asia, Africa, Australia via the sea route.
Projects worth ₹1,700 cr invested for development of Inland Waterways of Northeast: Sarbananda Sonowal
The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, inaugurated the roadshow for the Global Maritime India Summit, 2023 (GMIS) in Guwahati. Sonowal highlighted the significant investment made by the government in the inland waterways sector under the leadership of Prime Minister Narendra Modi.
UK-based firm plans to set up semiconductor unit in Odisha
After visiting some sites near Chhatrapur in the district, its Indian company officials headed by its chairman Guruji Kumaran Swami held a meeting with the district administration at Chhatrapur on Thursday.
Rail that supplies BMW, Ford in South Africa crippled by theft
The 740 kilometre (460-mile) double rail line is key to moving supplies in Africa’s most industrialised economy.
- Go To Page 1
India raises its logistics game, rises six spots on World Bank Index to 38
India climbed up six places in the World Bank's Logistic Performance Index 2023, as investments in soft and hard infrastructure as well as technology helped the country improve its port performance. India is now ranked 38 in the 139 countries index, up from 44 in 2018, said a report Friday.
Russia plans deep March oil export cuts: Sources
Russia's Energy ministry declined to comment. Russia's pipeline monopoly Transneft did not immediately respond to a Reuters request for comment.
INS Vikrant: PM Modi to commission India's first indigenous aircraft carrier on September 2
INS Vikrant is designed by the Indian Navy's in-house Warship Design Bureau (WDB) and built by Cochin Shipyard Limited, a Public Sector Shipyard under the Ministry of Ports, Shipping, and Waterways.
Ease of doing business: It takes 22 days to clear a ship in Indian ports. China does it in 5
India’s ports have multiple trade barriers, the trading community says. These are making businesses and goods uncompetitive in the global marketplace. These issues need urgent attention if the country wants to grow its exports further.
After navigating pandemic shocks, MoPSW sets sail for Ramayana cruise, increased ship recycling works
From the shipping ministry being rechristened as Ministry of Ports, Shipping and Waterways (MoPSW) to initiatives for boosting inland water transport to a raft of policy measures, waves of development efforts hit the shores in 2020.
India soon to upgrade ports into industrial hubs as part of Modi's 'atmanirbhar' push
The government has proposed a major ports bill, which is under discussion, to empower ports to set their own tariffs, Kumar said. It would also allow ports to compete freely with other ports around the world, he added.
Rail projects worth Rs 18,790 cr under implementation: Government
As many as 70 rail connectivity projects for 4,247 km length were identified to be implemented at a cost of about Rs 46,728 crore.
Adani Ports inaugurates phase II of Dhamra Port
The expansion will help the company achieve its vision 2020 of 200 MMT, well ahead of time and we now aim to touch 500 MMT by the year 2025, APSEZ CEO Karan Adani said.
Government urges manufacturing sector to have more behavioural safety codes
The Behaviour Based Safety (BBS) is in very initial stage and will require more time for its implementation in various sectors of the Indian economy, Singh added.
Sri Lanka formally hands over Hambantota port to China
Sri Lanka owed China US 8 billion then finance minister Ravi Karunanayake had said last year.
Container volumes at Indian ports up 10 per cent in Q2FY18
The volume growth outpaces what was achieved in the last twelve months and he said the company expects the same to continue in the last quarter of the year as well.
Indian infrastructure market to overtake Japan by 2023: BMI Research
Fitch group said "robust growth will return as work resumes on the large pipeline of infrastructure, residential and non-residential projects in the country".
Nitin Gadkari to visit US to attract billions of dollars in FDI
On his maiden visit, Gadkari is scheduled to criss-cross the US from Washington to Los Angeles with in between stops in New York, St Louis and San Francisco.
Iran's Chabahar has investment potential of Rs 1.3 lakh crore for India
Indian entities -both in private and public sectors -have projected investment worth $22 billion (nearly Rs 1.3 lakh crore) in Iran's Chabahar free trade zone area.
Sagarmala project to be completed in 5 years
Gadkari said the flagship Sagarmala project to harness India's 7,500-km coastline will promote port-led development in the country.
Nalco to invest Rs 20,550 crore to expand Alumina Refinery
Odisha-based Navratna PSE Nalco has announced investment of Rs 20,550 crore for expansion of its alumina refinery at Damanjodi.
Andhra Pradesh will compete with developed nations on best business practices: N Chandrababu Naidu
"Now that we have excelled in rankings among the Indian states, the idea is to look at competing with developed economies in the region," he told ET.
VGS designs second barge-base LNG facility for Tamil Nadu
VGS Group completed design of its second $400 million Floating LNG Regasification Unit & will start supplying gas to TN market from 2016.
G20 summit takes note of India's commitment to infra reforms
India's commitment to continue with its ambitious infrastructure programme including the Delhi-Mumbai Industrial Corridor.
Fertilizer producer Iffco to build mid-sea jetty near Kandla
Fertilizer producer IFFCO will construct a jetty mid sea near Kandla for transfer of fertilisers from bigger vessels to smaller vessels.
'Progress on key issues at G-8'
At a two-day conference, which concluded in Berlin yesterday, the ministers responsible for development policy from the eight leading industrialised nations and five rapidly growing developing nations agreed to intensify the dialogue between the developing, threshold and industrialised nations so that they could take greater global responsibilities and combat poverty world wide.
Adani plans bunkering hub in Gulf of Kutch
Even as the basic port infrastructure is getting a fillip, Indian companies are now looking at the high-margin port support services like bunkering or re-fuelling facilities.
Hazardous e-waste entering India as charity: experts
A variety of hazardous electronic-waste entering India in the garb of charity and study-material sent from abroad is posing a threat to the country's environment, experts say.
Load More
