India and China have recently signed a memorandum of understanding (MoU) for mutual benefit on roads and road transportation matters. The two sides have recognised the importance of roads and road transportation in the economic development process of each participant country, within their respective national policy framework.

Shreyas Shipping and Logistics Ltd would launch two new services from August 15 in order to connect Mundra-JNPT-Hazira and Kolkata-Vizag-Chennai-Kochi sectors. With this, the Mumbai-based shipping firm would become the first company to link all key ports of India for containerised trade. Shreyas now has five vessels pro

Inland Waterways Authority of India (IWAI) has reportedly completed most part of the transloading project for ferrying coal from Haldia port to Farakka thermal power plant of NTPC. IWAI is a facilitator of the coal transportation project and will play a key role in ensuring navigability. The c

Managing logistics needs an innovative integration of international best practices and equipment, as well as comprehensive knowhow of local regulations, writes Adarsh Hegde.

Logistics companies are slowly adopting best practices from around the world, helped by the ongoing efforts to modernise and create capacity in transportation and related infrastructure. M Gurunathan projects the growth for logistics in brick-and-mortar terms.

Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel.

Slow progress in project execution coupled with subdued interest in bidding for new projects under current policy frame may give alternative option to call for revaluation or fresh bids for already allocated road projects. In order to avert this situation, a Performance Review Unit (PRU) proposed by the Planning Commission needs to be endowed with power to gather information from nodal agencies on clearances and incentivise or to regulate, writes Sumantra Das.

Highways will continue to be sluggish until the unattractive Phase IV projects are completed. With the road sector is poised to undergo a further change in the coming years, the industry as a whole, needs to continue tapping the advantages of road transportation more efficiently and optimally than ever before, writes Bhavik Damodar. The road transportation sector continues to struggle to cater to the country’s size and widely spread consumption hubs.

Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel. Private funding of infrastructure has become a mainstay of the Government of India’s policy towards infrastructure deve­lopment.