India to spend 1.7% of its GDP on logistics to set stage for $5 trn economy
NEW DELHI : India will spend a whopping 1.7 per cent of its GDP on transport infrastructure this year — around twice the level in America and most European countries — a feat that
156 critical infra gap projects identified for intervention under PM Gati Shakti
NEW DELHI : As many as 156 critical infrastructure gaps to ports and for movement of bulk commodities such as coal, cement, fertilizers and foodgrains, have been identified for intervention under the PM Gati
TN govt unveils logistics policy, aims at reducing cost; proposes incentives
CHENNAI : The Tamil Nadu government on Saturday unveiled its ‘Logistics Policy 2023’, featuring objectives including enabling a robust logistics infrastructure development. The targeted outcomes include a reduction in cost of logistics and leveraging private
TVS Industrial and Logistics on aggressive expansion plan
CHENNAI : The TVS Industrial and Logistics Park (ILP) has drawn up plans to strengthen footprint in 30 more cities by 2027, a top official said. The company currently has presence in 11 locations
Work On Tamil Nadu’s First Logistics Park likely to start in June
CHENNAI : The construction of Multi-Modal Logistics Park (MMLP) located near Chennai is scheduled to commence in June. The officials of the Chennai Port Trust who visited the project site last month expressed confidence
PSA Mumbai dismisses congestion, productivity slowdown reports
MUMBAI : PSA Mumbai (BMCT), the new terminal operator at India’s Nhava Sheva Port (JNPT), has denied reports that it is operating at a slower pace, as the trade faces supply chain challenges due
“The Govt is aware of China funding infrastructure projects in South Asia”: B Muraleedharan
NEW DELHI : Minister of State for External Affairs Shri B Muraleedharan replied to a question in Rajya Sabha that, Govt is aware of China funding infrastructure projects including in ports, highways and airports in
India is aiming at deep integration in global supply chains on back of Holistic Infra & Technology : Sumita Dawra
NEW DELHI : India is aiming to integrate deeply with the global supply chains by focusing on bringing down logistics cost, building holistic infrastructure with planning under Gati Shakti, along with use of R&D