NHAI’s plan to diversify resource base

Minister of Railways and Commerce & Industry, Piyush Goyal on Monday has directed senior officials the Dedicated Freight Corridor Corp. of India Ltd (DFCCIL) to initiate measures to speed up construction of dedicated freight corridors compensate for the time lost due to the COVID-19 pandemic.

Welspun One Logistics Parks (WOLP) launched its maiden 110-acre Grade-A warehousing park with a leasable area of 3.2 million sq. ft and an estimated investment of Rs 9 billion ($120 million) in Bhiwandi, a key warehousing market in the Mumbai Metropolitan Region (MMR), India’s largest consumption centre.

The need of the hour in the ports and shipping sector is higher benchmarks and aggressive embracing of digitalisation and advanced state-of-the-art technology.

The progress on projects such as Dedicated Freight Corridors (DFCs), high-speed rail and redevelopment of railway stations is likely to mark a paradigm shift in the country's railways sector.

With the pace of electrification of the entire Indian Railways network getting accelerated, Siemens is looking at making the most of the opportunity in fuelling mobility and connectivity.

The year 2018 has been a significant one for the logistic and shipping sector in India.

In an exclusive interview, Kailash Agarwal, Joint Secretary, Ministry of Shipping, reveals that a roadmap has been created for increasing the Indian port capacity to 3,500+ MMTPA to more than cater to the projected traffic of 2,500 MMTPA by 2025.

JNPT continued to upscale its growth trajectory and closed the financial year ending Mar 2019 handling 5.13 million TEUs, which is a 6.20 per cent growth as compared to the last financial year.