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Indian road sector: Highway of economic growth

Indian road sector: Highway of economic growth

National highways play a vital role in social and economic integration. National highway plays a vital role in the social and economic integration and development of the country. Total budgetary spending in the road sector has increased by more than eight times to Rs.2.6 trillion in FY2023BE over FY2014 at a CAGR of more than...

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Infrastructure: The growth catalyst of Indian economy

Infrastructure: The growth catalyst of Indian economy

Investment in infra serves as a catalyst to foster economic development Investing in infrastructure generates a robust multiplier impact through multiple avenues. As India takes giant strides towards sustainable and inclusive growth, the significance of investment in infrastructure development serving as a vital catalyst for fostering economic development is inevitable, writes Sandeep Upadhyay, MD – Infrastructure...

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New Mangalore Port receives 2 cruise vessels

New Mangalore Port receives 2 cruise vessels

It is learnt that two cruise vessels from the US and the UK called at New Mangalore Port recently carrying a total of 1,088 passengers. Both the vessels sailed out to Kochi after a brief halt at the New Mangalore Port. With these two vessels, the New Mangalore Port has received seven cruise vessels so far in the current fiscal. A pre

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Cruise liner to bring more vessels to Indian ports

Cruise liner to bring more vessels to Indian ports

M/s Royal Caribbean International plans to bring nine more cruise vessels during 2012-13 to the Indian ports. The cruise liner took the vessel MV Clipper Odyssey with 60 passengers and 70 crew to New Mangalore Port (NMP) marking the beginning of the cruise season for the year. M/s Royal Caribbean International is one of the leading cruise operators of the world and it visited NMP twice

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NMPT woos exporters from Shimoga

NMPT woos exporters from Shimoga

Officials of New Mangalore Port have held consultations with exporters from the Shimoga region and asked them to utilise the facilities available at port. The port is said to be targeting the region to boost its container traffic. Recently, Shimoga Chamber of Commerce and Industry said that there was good potential for NMPT to explore from Shimoga region