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December 6, 2023

JSW Infra to acquire majority stake in PNP Port for ₹270 crore

Ports, Company, Infrastructure, Private Port, Trade, Trending News
MUMBAI : JSW Infrastructure said on Monday that it will acquire a majority stake in PNP Maritime Services (PNP Port) from Shapoorji Pallonji (SP) Group for a cash payment of ₹270 crore. JSW Dharamtar Port Private Limited, a wholly-owned
December 6, 2023

DP World delves into Air Cargo with launch of its first Air Cargo Logistics Hub

Air cargo, Company, Logistics, Maritime, Trade, Trending News
PUNTA CANA : DP World is building its end-to-end supply chain ambitions with the launch of its first air cargo logistics hub. DP World is easing into the air cargo industry with the launch
December 6, 2023

India set to become world’s third largest economy by 2030 : S&P Global Ratings

Trade, Economy, Global Trade, Trending News
NEW DELHI : According to S&P Global Ratings, India is projected to become the world’s third largest economy by 2030. The rating agency predicts that India’s GDP growth will reach 7% in the fiscal year 2026-27.
December 6, 2023

Visakhapatnam port handles record quantity of alumina

Ports, Trade, Trending News
VISAKHAPATNAM : Visakhapatnam Port Authority shares “A record quantity of 7,639 Metric Tonnes with a gang hook output of 637 MT CALCINED ALUMINA in bulk of M/S. UTKAL ALUMINA INTERNATIONAL LTD was loaded into
December 6, 2023

Gujarat to host pre-vibrant event ‘Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector’ on Thursday

Export - Import, Business, COMMERCE, Global Trade, Logistics, Trade, Trending News
GANDHINAGAR : As a precursor to the 10th Vibrant Gujarat Global Summit 2024, a pre-Vibrant Seminar on ‘Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector’ is scheduled to be held on
December 6, 2023

61st Network Planning Group Meeting under PM GatiShakti

Logistics, Infrastructure, Trade, Trending News
NEW DELHI : Marking two years of PM GatiShakti National Master Plan (NMP), the 61st Network Planning Group (NPG) meeting was held under the chairpersonship of Special Secretary (Logistics), Department for Promotion of Industry
December 6, 2023

Cyclone Michaung weakens, to bring rainfall in several states today

Logistics, Maritime, Ports, Trade, Trending News
CHENNAI : The southern districts of Odisha were on alert on Tuesday night amid forecast of heavy rainfall after severe cyclone Michaung made landfall in Andhra Pradesh. Cyclonic ‘Michaung’ has weakened into a Deep
December 6, 2023

CWC to develop 4 warehouses in Kerala

Logistics, Trending News, Warehousing
KOCHI : Four of the 54 locations selected for Central Warehousing Corporation (CWC) facilities in the country are in Kerala. The cumulative warehousing development potential across the four locations – two in Ernakulam and
December 6, 2023

Industrial and Logistics Sector in Kolkata to record 5-year high in supply

Logistics, Trade, Trending News, Warehousing
KOLKATA : Industrial and Logistics (I&L) sector in Kolkata will record a 5-year high supply in 2023 as a result of the completion of pent-up projects across the city and its peripheries. Total I&L supply in 2023 is
December 6, 2023

US-based Panattoni to invest Rs 110 cr for first warehousing park in India

Logistics, Company, Export - Import, Trade, Trending News, Warehousing
BENGALURU : US-based Panattoni, a global leader in industrial and logistics real estate development, will invest Rs 110 crore by March 2025 to develop a warehouse park in Delhi-NCR, its first project in the
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