Visakhapatnam Port Trust (VPT) may find it difficult to achieve its planned capacity increase to 150 million tonne by 2020 as several port projects are facing delay.
Tag: India
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PPT major port of the year
For its excellent performance in 2012-13, Paradip port has been conferred with the 'Major Port of the Year' award. SS Mishra, Chairman, Paradip Port Trust (PPT),
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KoPT wins award
Among all major ports in India, Kolkata Port Trust (KoPT) has been adjudged as the 'Container Handling Port of the Year,' at the 5th South East Cargo & Logistics Awards 2013 ceremony.
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Report indicates decline in market share of major ports
A report by ICRA shows the market share of non-major ports rose to 42 per cent in 2012-13 from 39 per cent in the previous year because of their efficient operation.
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Pipavav upgrades container infrastructure
In a move that raises the operational capacity of APM Terminals Pipavav, the port authority upgraded its infrastructure with the ability to carry double stack high cube containers.
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Control and ownership norms in FDI
In order to bring more clarity on the issue, the Corporate Affairs Ministry is expected to submit its comments on control definition in the context of foreign direct investment (FDI) deals.
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FDI relaxation in multi-branded retail
The Union government approved the relaxation of the foreign direct investment (FDI) policy on multi-brand retail trading (MBRT), by easing main contentious riders on such money.
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New definition of control
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of the Department of Industrial Policy & Promotion for amendment to the existing definition of "control" under the FDI policy.
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WB govt to rope in pvt sector
West Bengal government plans to build and improve 4,000 km of highways on public-private partnerships (PPP) mode, the state's Industrial and Investment Policy, 2013 shows
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Changes made to draft guidelines for major ports
Some key changes were made in the draft guidelines on free pricing for services in major ports following the change of secretary in the union shipping ministry.