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Business booming in India as MYCRANE platform makes strides in critical market

Lifting equipment sourced via MYCRANE deployed on pan-India basis

AMRL SEZ set to turn Make in India dream into reality

The SEZ is ready to house a diverse set of industries – electronics, medical equipment, general engineering, auto ancillaries and components, solar and many more.

ALBA Asia starts coal terminal at VOC port

ALBA Asia Pvt Ltd has opened a new coal terminal at VO Chidambaranar Port Trust (VOCPT) in Tamil Nadu?s Thoothukudi district. The 10-million-tonne (mt) terminal will help VOC port raise its coal handling capacity to 24 mt by 2019.

Vedanta to double copper capacity by 2019

Vedanta will invest up to Rs 3,000 crore in copper operations to double the capacity to 8 lakh tonne by 2019, making the firm India?s largest producer of the metal.

ADB to fund for India?s first coastal industrial corridor

The Asian Development Bank (ADB) has approved $631 million to develop the first 800-km section of a planned 2,500-km-long East Coast Economic Corridor.

ADB to fund for India's first coastal industrial corridor

The Asian Development Bank (ADB) approved $631 million to develop the first 800-km section of a planned 2,500-km-long East Coast Economic Corridor. The Visakhapatnam-Chennai Industrial Corridor section of the East Coast Economic Corridor, connecting four economic hubs and nine industrial clusters, will mark the first industrial corridor developed along India's coast.

Tuticorin port to augment handling capacity

V O Chidambaranar Port at Tuticorin has planned a major expansion of its handling capacity. The port will carry out various developmental works to the tune of Rs 1,531 crores to augment its capacity by a further 44 million tonne. The Port Trust Chairman, S Anantha Chandra Bose stated that during this financial year 2016-17, the port has targeted to award development of shallow draught berth for handling general cargo, development of north cargo berth- III for handling coal, development of north

A Healthy Outlook

Increasing investments and cargo traffic point to a healthy outlook for India?s ports sector. Cargo traffic, which was 976 million metric tonne (mmt) in 2012, is expected to reach 1,758 mmt by 2017.

Plea to lift ban on sand mining in Tamil Nadu

Tamil Nadu government has been requested to lift the ban clamped on beach sand mining in the state. Workers dependent on beach mineral sand mining industry have urged the State government to restore their livelihood by lifting the ban on mining activity.

User industries import copper to overcome shortage

Local consumers of copper are reportedly importing the metal owing to shortage of its domestic production on the back of closure of a smelting unit of Sterlite Industries in Tamil Nadu. Sterlite's copper smelter in Tuticorin, Tamil Nadu, which caters to half of India's copper consumption, has remained closed for more than a month owing to alleged leakage of gas from the

Tribunal hears Sterlite's argument on plant closure case

The National Green Tribunal heard the arguments put forth by Sterlite Industries on the case regarding the closure of its plant in Tuticorin district by the Tamil Nadu Pollution Control Board (TNPCB). The board order for closure of the copper smelting plant on complaints of alleged gas leakage from the unit. Senior Advocate CA Sundaram, who represented Sterlite, in the hearing argued that Sterlite has invested over Rs 4,000 crore in the copper smelting plant and the same

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