A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the Â´Make in IndiaÂ´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the countryÂ´s
Hitachi India, a subsidiary of Hitachi, Ltd, recently organised the Hitachi SOCIAL INNOVATION FORUM 2015, in New Delhi. The two-day forum sought to bring together esteemed participants to deliberate upon how social innovation can propel India
Consider this: At 4.5 mn TEUs last year,Jawaharlal Nehru Port handled over 55 percent of Indiaâ€™s container volumes.Yet it handled less than a fifth of Singaporeâ€™s 25 mn TEUs.What ails Indiaâ€™s container trade? In this issue, we focus on the most important piece in the container logistics eco system: dry ports
The Prime Ministerâ€™s Office (PMO) will henceforth directly monitor the progress of the construction of the Dedicated FreÂight Corridor (DFC), virtually taking the job away from the Railways.Prime Minister Manmohan Singh held a meeting in February to take stock of the proÂgress, apparently dissatisfied with the role of the Railways which was primarily to monitor the progress of the job, the execution of which had been handed over to the Dedicated Freight Corridor Corporation of India (DFCCIL).