Following the extensive overhaul of its Pipavav shipyard since the January 2024 acquisition and renaming, Rear Admiral (Retd) Vipin Kumar Saxena, CEO, Swan Defence and Heavy Industries (SDHI), told INFRASTRUCTURE TODAY’s Manish Pant that the facility is now ready to receive shipbuilding orders, including MRO projects. A Navy veteran, Saxena previously headed Garden Reach Shipbuilders...
Tag: MSMEs
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Cochin Shipyard Partners with HD Korea to Build Large Vessels, Invests Rs 18.7 Billion in Kochi Facility
CSL also signed a second MoU with Guidance, Tamil Nadu’s nodal investment agency, to catalyse the development of shipbuilding clusters and strengthen regional maritime infrastructure. Cochin Shipyard Ltd (CSL), India’s largest shipbuilding and maintenance facility, has signed a strategic memorandum of understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering to advance long-term collaboration in...
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Logistics parks, multimodal cargo hubs poised for rapid growth
Following the successful launch of the Bangalore Logistics Park at India’s third-busiest international airport in late April, Ramanathan Rajamani, CEO, AISATS, is now focused on the seamless operationalisation of the country’s largest multimodal cargo hub at the upcoming Noida International Airport. An engineering graduate and a master’s in logistics from the National University of Singapore,...
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SIDBI to get JICA aid for MSME initiatives
The Small Industries Development Bank of India (SIDBI) has signed a loan agreement worth about Rs 1,800 crore with Japan International Cooperation Agency (JICA)
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Survey highlights need to boost funding for MSMEs
Government must take steps to promote flow of funding to Micro, Small and Medium Enterprises (MSMEs) in order to ensure growth in the sector. According to a Ficci-Grant Thornton survey, inadequate credit facility is one of the factors that thwart the expansion plant of majority of companies in the sector