The Visakhapatnam port has handled 57.5 million tonnes (mt) of cargo during 2015-16 financial year, a little less than 58 mt handled during the previous year, according to sources. The sources said on Friday...
Krishnapatnam Port Company is looking at expanding its cargo handling capacity to 100 million tonnes (MT) by the end of this decade. Chief Executive Officer (CEO) and Director Anil Yendluri said recently, “We are...
Allcargo Logistics Limited has in-principle approved setting up a Logistics Park in the Jhajjar District of Haryana. The facility is expected to be operational by 2018, subject to necessary regulatory approvals and rail connectivity....
Government is eyeing annual savings of INR 25,000 crore on logistics costs by 2025 by promoting Coastal Shipping under its ambitious Sagarmala project. Sagarmala aims at promoting port-led development by harnessing the country’s 7,500-...
The slump in economy notwithstanding, Visakhapatnam Port is all set to retain fifth slot in the country by either surpassing or finishing close to last year’s cargo of 58 million tonnes (mt) by March...
Visakhapatnam Port Trust (VPT) has planned an investment of INR 4,500 crore over the next four years as part of its modernization plan, which includes increasing container trade, clean cargo, setting up multi-modal parks...
The railways will set up five multi-modal logistics park, including one on the river front at Varanasi, along the dedicated freight corridor to facilitate seamless movement of goods. The logistics hubs, expected to cost...
The fast-growing e-commerce sector is rubbing off on the commercial vehicle segment, helping boost sales when bulk purchases have yet to come from traditional customers in the infrastructure industry. Senior executives at leading commercial...
Chief Minister Manohar Lal Khattar said, Haryana has started the process for acquiring land to set up an integrated multi-modal logistics hub under the proposed Delhi-Mumbai Industrial Corridor (DMIC) project. “The process of acquiring...
Visakhapatnam Port Trust (VPT), one of India’s leading state-owned ports that lost significant business to neighbouring privately-owned Gangavaram Port for years, is gearing up to regain business through improving efficiencies, and has termed the...
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