Nandan Yalgi, Managing Director, Boxco Logistics India Pvt Ltd, lauds the efforts of the Ministry of Shipping in launching port-led development projects that will eventually bring down logistics costs across the country.

There are basically two kinds of projects. One is the greenfield projects where we are going to construct an absolutely new line. The other type is where we construct along the existing track, the doubling or third or fourth lines.

IL&FS Engineering and Construction Company has bagged a Rs.374.64 crore project from Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) for construction of viaduct corridor.

As a result of the capacity constraints being faced by the major ports, cargo is diverted to the private ports due to locational advantages, high operating efficiency, superior cargo handling equipment and investment in large capacity creation.

The Maritime Agenda envisages plans for creation of port capacity of around 3200 MMT for handling the expected traffic of about 2500 MMT by 2020. However, in order to scale up this capacity

S C Agnihotri, Managing Director, Railway Vikas Nigam Ltd (RVNL) points out that infusion of private capital in augmenting infrastructure can break the vicious cycle of poor productivity, underinvestment and poor realisations in Indian Railways

L&T Infotech has bagged a $10 million deal to implement an enterprise resource planning (ERP) system at Rail Vikas Nigam Ltd (RVNL).

Government-owned Rail Vikas Nigam Ltd (RVNL) is to take 10 per cent equity in the new public sector unit (PSU) to be formed to enhance port connectivity through the railways.

To boost the port-rail connectivity projects, the Ministry of Shipping is con¡sidering plans to set up a new company to undertake rail projects at all government ports.