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December 27, 2024

Department of Commerce-Year End Review 2024

Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : Following are the important achievements and milestones of the Department of Commerce in the year 2024: Free Trade Agreement (FTA) negotiations India and the European Free Trade Association (EFTA) signed the Trade and
December 27, 2024

Sagarmala Programme : Driving port-led growth and coastal development in India

Maritime, Coastal Shipping, Ports, Trending News
NEW DELHI : The Sagarmala Programme, launched in 2015, is a flagship initiative of the Government of India aimed at harnessing the country’s extensive coastline to bolster economic growth, improve connectivity, and drive port-led
December 27, 2024

CONCOR and GSV become partners to drive innovations in logistics

Logistics, Economy, Maritime, Trade, Trending News
NEW DELHI : Container Corporation of India Ltd. (CONCOR) and Gati Shakti Vishwavidyalaya, Vadodara (GSV) have become Partners TO DRIVE INNOVATION IN LOGISTICS THROUGH ACADEMIC STRENGTH The collaboration seeks to maximize supply chain management,
December 27, 2024

Adani Mundra Port welcomes its first-ever LNG-Powered Vessel

Ports, LNG, Shipping, Trending News
MUNDRA : Adani Ports and Special Economic Zone (APSEZ) Mundra welcomed CMA CGM Fort Diamant, the first-ever Liquefied Natural Gas (LNG) powered container vessel to dock at the port’s Container Terminal-CT4, the APSEZ said
December 27, 2024

DCBA honoured by CONCOR for facilitating EXIM trade

Logistics, Customs, Shipping, Trade, Trending News
NEW DELHI : The Delhi Customs Brokers Association (DCBA) received the CONCOR Exim Star Award for its outstanding trade facilitation initiatives in Delhi NCR region since its formation 62 years ago. The award was
December 27, 2024

BPR 2024: Construction of India’s first State-Of-The-Art semiconductor fab begins in Dholera, Gujarat

Technology, Trade, Trending News
AHMEDABAD : India’s first AI-enabled semiconductor fab has begun construction in Dholera, Gujarat, with Tata Electronics and Powerchip Semiconductor. The Rs. 91,000 crore project aims for 50,000 wafer production per month by 2026. It
December 27, 2024

WT-ECIB Scheme likely to benefit 1,000 new small exporters : Commerce Ministry

Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : The ECGC is aiming to reduce the export credit gap through the WT-ECIB Scheme, which is expected to benefit about 1,000 new small exporters, in addition to the existing 8,000-odd by
December 27, 2024

SMP Kolkata plans to increase cargo handling capacity of HDC by 50% in 5 years

Ports, DockS, Shipping, Trending News
KOLKATA : Syama Prasad Mookerjee Port, Kolkata is planning to increase the total cargo handling capacity of Haldia Dock Complex(HDC) by around 50 per cent in the next five years. The proposed capacity augmentation
December 27, 2024

DG Shipping made mandatory CCTV systems on Indian-flagged merchant vessels and foreign flag vessels visiting Indian Ports

Maritime, Ports, Shipping, Trending News
MUMBAI : The Directorate-General of Shipping has mandated that all the 1,530-odd Indian-flagged merchant vessels exceeding 500 gross tonnage should install Closed Circuit Television (CCTV) systems. This follows recent incidents aboard vessels, including disappearance
December 27, 2024

Sri Lanka-India Exercise– 2024 (SLINEX 24)

Maritime, Defence, Navy, Shipping, Trending News
VISAKHAPATNAM : The bilateral Naval exercise between India and Sri Lanka, SLINEX 24 (Sri Lanka – India Exercise 2024) was conducted from 17 – 20 Dec 24 at Visakhapatnam under the aegis of the Eastern Naval Command in two phases. The
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