Centre not considering any new PLI schemes : DPIIT Secretary
NEW DELHI : The government will not expand the scope and coverage of its production-linked incentive scheme (PLI) during the ongoing fiscal year (2023-2024) and is likely to
Adani Group to make additional investment of Rs 8,700 Crore in Bihar
PATNA : The Adani Group on Thursday said it would make an additional investment of Rs 8,700 crore in Bihar in various sectors, including cement manufacturing, logistics and
MSC targets oversized Indian freight to use up excess vessel capacity
GENEVA : Container lines — awash with excess capacity amid muted demand conditions — are attempting new strategies to lift headhaul loads. Signalling that trend, Mediterranean Shipping Co.
Manufacturing sector expected to reach $1 trn by 2025-26 led by Gujarat
NEW DELHI : The Indian manufacturing sector is experiencing a surge in investments, marking a significant milestone in the nation’s economic landscape. According to a report by Colliers,
Indian Govt is likely to address inverted duty structure for certain products in Budget
NEW DELHI : The government is likely to address the issue of inverted duty structure for certain products in the forthcoming Budget to boost domestic manufacturing, an official
India’s National Highway network hits new milestone, marking significant growth
NEW DELHI : NH network in the country increased from about 91,287 km in March, 2014 to about 1,46,145 km at present with focus on development of High-Speed
Mahindra set to drive in its first electric truck in 2025
MUMBAI : Leading domestic automaker Mahindra & Mahindra is developing its inaugural range of electric light commercial vehicles (LCVs) to position itself in a fiercely competitive segment that
Lars Sorensen appointed as Senior Managing Director, Region Middle East of Hapag-Lloyd
HAMBURG : From January 1, 2024, Mr. Lars Sorensen will become Senior Managing Director Region Middle East based in Dubai, AE, Hapag-Lloyd. He will be succeeding Mr. Dheeraj
Effects of COP28 on the shipping industry
DUBAI : In particular, in an article published on LR website, Mr. Hayden Walmsley notes that industry sees the opportunities, not just the challenges as the maritime industry’s
Bernhard Schulte orders its first CO2 tanker
HAMBURG : Bernhard Schulte expands its fleet portfolio and announced the order of its first CO2 tanker. The newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and will