Integration of each arm into the Rs 459,000-crore transport and logistics sector, likely to grow at about 10-15 per cent CAGR till 2015, will be a step towards addressing transportation requirements, writes Vineet Agarwal.
Tag: cargo handling
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Rs 2.77-lakh cr investment in 10 years needed
The Union Shipping Minister, GK Vasan said that an investment of Rs 2.77 lakh crore will be required in the next ten years to enhance the cargo handling capacity at Indian ports to 3,130 million tonne.
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Gujarat to develop new ports
The Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years. The state is planning ports at Dahej, Nargol, Vansi Borsi and Kutchhigarh,
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NMPT clocks 4.81 per cent rise
The New Mangalore Port Trust (NMPT) registered a growth of 4.81 per cent in overall cargo handling in the first three months of 2011-12 owing to a rise in the handling of coal, LPG, crude oil and container cargoes among others.
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K'taka spends Rs 10,000 cr in aero
The Karnataka state government is mulling to attract investment worth Rs 10,000 crore in the aerospace sector by the end of next year, as it sees Bangalore emerging as a major aerospace hub.