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The Big Infra Opportunity

The Big Infra Opportunity

Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).

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Mumbai Port to float global tender

Mumbai Port to float global tender

Mumbai Port will be floating a global tender to appoint a project management and implementation consultant for preparing a master plan for developing its land. It is the country´s largest port. ´Till now, the plans that have been made are general.

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UltraTech terminal at Mumbai

UltraTech terminal at Mumbai

To cut expenditure on logistics, UltraTech Cement is set to build a Rs 100-crore terminal at the Mumbai Port to transport cement from its plants in Gujarat into Mumbai.

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UltraTech to construct terminal at Mumbai Port

UltraTech to construct terminal at Mumbai Port

To cut expenditure on logistics, UltraTech Cement is set to build a Rs 100-crore terminal at the Mumbai Port to transport cement from its plants in Gujarat into Mumbai. By doing so, the Aditya Birla Group's company wants to cut logistics costs and go deeper into one of the largest cement markets in India.

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Mumbai Port dredging

Mumbai Port dredging

Dredging work is expected to start in Mumbai port in mid-October. The Mumbai Port Authority has awarded the dredging contract to Van Oord Dredging and Marine Contractors for maintenance of dredging of port berths

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Dragados to exit Rs 14 bn port project

Dragados to exit Rs 14 bn port project

Spanish logistics firm Dragados reportedly wants to offload its 24 percent stake in a joint venture with Gammon Infrastructure Projects for setting up the Rs 1,400-crore Indira Container Terminal at Mumbai Port. Both the firms jointly bagged the project in 2007. The Indira container terminal at Mumbai Port is an equal joint venture between Gammon Infrastructure and Spain-based Dragados

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Study shows decline in staff strength across major ports

Study shows decline in staff strength across major ports

A study by industry body Assocham shows that major ports witnessed over 33 percent decline in its staff strength between 2001 and 2010. During these ten years, the total number of employees in different cadres came down from more than 83,700 to nearly 55,400 at 12 major ports, the stud