Port Infra Needs Facelift

Developing new ports and terminals and the revival of old infrastructure at major ports in the country are expected to open up new opportunities for port equipment companies.

We are looking at positive growth this year

Gulf Oil has been in the oil and lubricants business catering to commercial vehicles and two-wheelers.

Mahindra BLAZO X range receive BS6 homologation certificate

Mahindra Truck and Bus (MTB) received the BS6 homologation certification for its BLAZO X heavy commercial vehicle range from the Central Institute of Road Transport (CIRT).

Ravi Kumar takes over as new Secretary General of IPPTA

Indian Private Ports & Terminals Association (IPPTA) announced the appointment of R Ravi Kumar as the new Secretary General of the association.

REJIG for the big

Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.

Gaining Momentum

Ports sector in India is gaining momentum with steadily growing cargo traffic and the expansions progressing at various ports. Development of new ports add to this momentum. Port equipment players are looking at this trend positively.

Ports of Opportunities

Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.

Rs 1.85 trillion worth projects awarded under Sagarmala

According to a Central Government report, projects worth Rs 1.85 trillion have been awarded under the ambitious port connectivity programme of Sagarmala by March 2018.

Ambitious on Indian infra sector

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.

On a Brighter Note

The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.

Cochin Shipyard raises funds for its expansion projects

Cochin Shipyard Ltd (CSL) under the Ministry of Shipping was listed in Bombay Stock Exchange and National Stock Exchange recently. The company has raised Rs 1,442 crore from the IPO. The proceeds of the fresh issue part of the IPO, totalling approximately Rs 961 crore will be used by CSL for part funding two expansion projects costing Rs 2,800 crore.

Container Handling: Future?s Bright