Minister for Street Transport and Highways Nitin Gadkari mentioned on Thursday that the federal government’s focus is to make India’s vehicle trade the most important globally. Addressing the Deloitte Authorities Summit, the Minister famous that the nation already ranks quantity three, after US and China. The trade in the present day stands at a market … Read more
Shifting excavators by rail is a uncommon choice. Nonetheless, logistics firm CJ Darcl just lately did simply that, transporting these heavy building gear from Chennai to Ballabgarh in Haryana on specialised rakes to underscore a dedication in the direction of sustainability and effectivity. As many as 34 excavators, together with fashions from Volvo CE, Komatsu … Read more
India’s CONCOR (Container Company of India) is eyeing a bigger play with introduction of direct port supply (DPD) amenities, introduction of extra tank containers for bulk cement motion; other than end-to-end logistic options with main corporates. Long run settlement with transport strains are additionally anticipated. Talks are in “superior levels”. In keeping with Sanjay Swarup, … Read more
Kochi, the busiest airport in Kerala, would be the base for a brand new airline that may use ATR-72 turboprop plane to attach routes throughout the state and different tier II and III cities within the nation. The airline, named Air Kerala, revives a two-decade-old ambition of the state’s personal airline however the problem for … Read more
Udupi Cochin Shipyard Restricted (UCSL), an entirely owned subsidiary, has bagged order from Wilson ASA, Norway for design and development of 4 No.s 6300 TDW (whole dead-weight tonnage) dry cargo vessels. Settlement has additionally been entered into for added 4 vessels of the identical kind which will probably be formally contracted inside September 19, 2024. … Read more
Finnish telecom gearmaker Nokia on Monday mentioned it has signed an settlement with the Gati Shakti Vishwavidyalaya (GSV) for finishing up joint analysis associated to 5G/6G communications within the transportation and logistics sector. Nokia and Gati Shakti Vishwavidyalaya, a college below the Ministry of Railways, will collaborate on analysis alternatives in 5G/6G communications concentrating on … Read more
India’s chilly chain sector is on the cusp of progress and innovation, in response to Dr Surendra Ahirwar, Joint Secretary, Ministry of Commerce and Business, Division for Promotion of Business and Inside Commerce (DPIIT). In response to a press launch, talking at FICCI’s Chilly Chain and Logistics Summit, Dr Ahirwar underscored the sector’s very important … Read more
The Delivery Ministry, is working to shift to an 80 per cent landlord mannequin, by the tip of this decade, to extend effectivity and scale back logistics prices at main ports, a senior authorities official stated on Saturday. Additionally learn:Delivery Ministry points advisory on West Asia routes Within the landlord mannequin, personal gamers take over … Read more
Kerala is readying insurance policies and infrastructure to faucet the inherent alternatives within the logistics sector, particularly provided that operations will quickly start on the strategically situated Vizhinjam Worldwide Container Transhipment Terminal. Alongside the Worldwide Container Transhipment Terminal in Kochi, the Vizhinjam terminal holds potential to show the state into India’s prime logistics hub, in … Read more
Freight loading by Indian Railways noticed a 1.45 per cent rise y-o-y in April to 128.29 mt. Earnings from the phase noticed a 1.30 per cent rise, for the interval beneath overview, to ₹14,075 crore, it stated in an announcement. Additionally learn:Railways gives file rakes for ferrying coal to energy vegetation in March Freight earnings … Read more