Adani Group plans to set up an Integrated Renewable Energy Park at Mundra in Kutch district, close to its port and SEZ. The park, if it comes into existence, would be the first of its kind and will need an investment of Rs 20,000 crore.

The Finance Minister has taken a very pragmatic approach and crafted a Budget in a manner which can provide a boost to both infrastructure and manufacturing which will create employment and also augment India´s competitiveness vis-a-vis its peers and at the same time adhered to the Prime Minister´s ´Make in India´ vision

India´s biggest private port operator Adani Ports & Special Economic Zone (APSEZ) opened a new 20 million tonne dry bulk terminal at Tuna Tekra.

Eight companies, including GMR Airports, GVK Group and Adani Ports and Special Economic Zone (APSEZ), have evinced interest in the government project to modernize the airports in Kolkata, Chennai, Ahmedabad and Jaipur.

The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.

Over the past couple of decades, the warehousing industry in India has evolved from the traditional concept of a ´godown´ - a small structure with four walls and shed - to a modern-day automated set-up which offers efficient inventory management and value-added services.

In what could be a major boost to India´s Special Economic Zones (SEZs), the government is set to reduce the Minimum Alternate Tax (MAT) on Special Economic Zones (SEZ) from 18.5 per cent to 7.5 per cent.

Vallarpadam in Cochin run by Dubai´s DP World Ltd is slated to have a companion in Vizhinjam near Thiruvananthapuram as the new transshipment facility.

A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.