NHAI inks agreement to develop Rs. 1770-cr Multi Modal Logistics Park in Bengaluru
The National Highways Logistics Management Ltd (NHLML), a 100% owned company of NHAI, has signed an agreement for the development of Multi Modal Logistics Park (MMLP) in Bengaluru. The proposed project is to be developed under the Public
JSW Infra to build greenfield port in Odisha
JSW Infrastructure has planned to build a greenfield port in Odisha, with a cargo handling capacity of 52 million tonnes per annum to primarily cater to the requirements of group company JSW Steel’s upcoming 8 million tonnes pellet plant in the state. The pellet
Odisha government to invest Rs 3,000-cr for rural economic corridor
Odisha government is planning to launch a new five-year programme to create state-of-the-art rural infrastructure for providing better facilities to industrial corridors, ports and tourism destinations. An estimated Rs 3,000 crore will be spent under the programme
Karnataka approves investment projects worth Rs. 7,659.52-cr
Karnataka government has approved 91 industrial investment proposals worth Rs 7,659.52 crore. As many as 26 projects of more than Rs 50 crore investment, totalling Rs 5,750.73 crore were approved by the State Level Single Window Clearance Committee
National Logistics Policy: Redefining the Landscape
The National Logistics Policy has taken a transformative step towards enhancing and streamlining the logistics industry in the country. This policy has prioritized key areas including infrastructure development, digitization, and skill development
YEIDA unveils 1,100-acre Olympic village near Jewar airport
The Yamuna Expressway Industrial Development Authority (YEIDA) has announced the construction of an Olympic Park and an Olympic Village on an area of 1,100 acres in Sector 22 near the Noida International Airport in Jewar. This initiative aims to match
Delhi gets Yashobhoomi mega convention centre at Rs. 5400-cr
Prime Minister Narendra Modi has inaugurated the Phase 1 of the India International Convention and Expo Centre (IICC), named Yashobhoomi, in Dwarka, New Delhi. Spanning across a massive project area of over 8.9 lakh square meters, with a total built
Marathwada gets Rs. 46,579-cr infrastructure boost
The Maharashtra government has approved a sum of Rs. 46,579 crore to upgrade infrastructure in various sectors in the Marathwada region, of which 45% of the funding has been earmarked for the irrigation sector, including funds required for the diversion
NPG approves six projects amounting to Rs 14,081-cr
The Network Planning Group (NPG) in its 55th meeting has approved six projects comprising three from the Railways and three from the Road Transport and Highways ministries. The total cost for these projects amounts to Rs 14,081 crore. The three railway
India-Russia to operationalise EMC Corridor
India and Russia have fast tracked the operationalisation of the geopolitically significant Chennai-Vladivostok Eastern Maritime Corridor (EMC). The Corridor is an alternative trade route between the Russian port city of Vladivostok and the Indian port city
Modi lays foundation of development projects of more than Rs 50,700-cr in MP
Foundation stone of development projects worth more than Rs. 50,700 crore in Bina, Madhya Pradesh was laid by Prime Minister Narendra Modi. The projects include the Petrochemical Complex at Bina Refinery of Bharat Petroleum Corporation Limited
ESR Group plans Rs 360-cr Logistic Park in Odisha
Marking its entry into the coastal state of Odisha, ESR Group, which is a Hong Kong-based and Asia Pacific focused company, has committed to invest Rs 360 crore for the construction and development of the warehousing and logistic hub, ESR
G20 Declaration boosts urban infra & new smart cities
With the G20 New Delhi Leader’s Declaration emphasising the need to make the future cities inclusive, resilient, and sustainable, India’s plan to decongest its large cities by creating hundreds of new smart cities will receive a significant boost
DP World unveils state-of-the-art warehouse facility in Bhiwandi
DP World, a leader in smart end-to-end logistics, has launched its state-of-the-art 3,80,000 sq. ft. warehouse in Bhiwandi, in Maharashtra’s Thane district. The facility is fully compliant for the storage and handling of chemicals along with non-chemicals and has
Nehru Place Skywalk nears completion
The Nehru Place Skywalk project, which was planned five years ago to establish a pedestrian connection between the Metro station concourse and the central plaza, is now approaching its final stages of completion. Once operational, this skywalk will eliminate
Gati enhances service delivery network to handle festive season demand
Gati Express and Supply Chain Private limited (GESCPL), an Express Distribution and Supply Chain Management provider, has ramped up its warehousing and delivery capabilities to meet the surge in demand during the festive season in the commerce domain
India steps up Border Infrastructure Development to counter China
In its quest to match the huge border infrastructure gap with China, India has launched 90 projects. These projects include the crucial Nechiphu tunnel on the road to Tawang in Arunachal Pradesh, two revamped airfields in West Bengal, two helipads, 22 roads
India-Saudi Arabia sign Undersea Grid Connectivity pact
Prime Minister Narendra Modi and Prime Minister of the Kingdom of Saudi Arabia Prince Mohammed bin Salman have signed multiple agreements. These agreements encompass various areas of bilateral cooperation, including renewable energy
Anti-dumping duty on China to boost local steel manufacturing
Country's local steel producers expect a big boost to local manufacturing and a fall in prices after the Union government’s decision to impose an anti-dumping duty against steel wheels produced in China for five years. During April-July, China was the
India-UK to implement big ticket infra projects
United Kingdom and India have launched the UK-India Infrastructure Financing Bridge, a collaborative venture between NITI Aayog and the City of London Corporation, aimed at harnessing collective expertise in planning and implementing major
BRO to construct world's highest fighter airfield in Ladakh's Nyoma
The Border Roads Organisation (BRO) will construct the world's highest fighter airfield in the Nyoma region of Ladakh. The foundation stone of the project will be laid by Defence Minister Rajnath Singh from Devak Bridge on September 12. A total of 295 projects
G20 leaders approve India-Middle East-Europe Rail Corridor
Top world leaders including US President Joe Biden and Prime Minister Narendra Modi has announced to build a mega rail and shipping corridor linking India with the Middle East and Europe, in order to undercut China’s Belt and Road Initiative in
SITC expands operational ambit to Indian East Coast
SITC International Holdings, with an extensive network encompassing 75 service routes across 17 nations and 76 major ports in China, Korea, Japan, Singapore, and Vietnam, has embarked on a significant new endeavor. The shipping company recently
LP Logiscience to expand footprint in Delhi NCR
LP Logiscience, the warehousing and contract logistics arm of the Liladhar Pasoo, has announced to expand its footprint and double the growth in the Delhi NCR region. This strategic move comes in response to an unprecedented surge in the Indian warehousing
Odisha seeks to attract private infra investment through PPP mode
In order to attract private investment, the Odisha government has notified a new Public Private Partnership (PPP) Policy, 2023 in the construction of public infrastructure. The new policy notified by the state Finance Department will be applicable to all
Welspun One to invest Rs 600-cr for Thane warehouse project
Welspun One Logistics Parks (WOLP) has planned to invest over Rs 600 crore to develop a Grade-A, in-city warehousing facility in Thane, near Mumbai. This is the first investment to be made through its category II Alternate Investment Fund (AIF) vehicle
NHLML invites bid for Rs.331-cr Multi Modal Logistics Park in Andhra Pradesh
The National Highways Logistics Management (NHLML) has invited bids for development of Rs 331 crore multi modal logistics park at Anantapur, in Andhra Pradesh through public private partnership (PPP). The final date for bid submission is October
Pristine Logistics to strengthen logistics infrastructure in B’desh
India’s Pristine Logistics & Infraprojects Ltd. (PLIL), an integrated rail terminal operator, has signed a memorandum of understanding with Summit Alliance Port of Bangladesh to pursue rail-linked Inland Container Depots (ICDs), Container Freight Stations
Sonowal dedicates projects worth Rs. 216.53-cr to the nation
The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, has dedicated projects worth Rs 216.53 crores to the nation, including inauguration of state-of-the-art Vizag International Cruise Terminal (VICT) in Vishakhapatnam. The Minister
Bids invited for 300 residential quarters in Delhi
Rail Land Development Authority (RLDA) has invited bids for the construction of 300 residential multi-storey quarters at Ramnagar Railway Colony in Delhi. The EPC contract is estimated at a cost of Rs 170 crore. The submission deadline is 16 October
