Total I&L supply in 2023 is likely to touch 5.2 mn. sq. ft. Kolkata’s strategic location as the entry point to the country’s east and further to land-locked countries such as Nepal and Bhutan and the state’s industrial prowess has further boosted the city’s I&L sector.
Industrial and Logistics sector in Kolkata to record 5-year high in supply
India and Oman begin talks on Free Trade Pact
2 years ago
Mineral fuels, inorganic chemicals, compounds of precious metals and iron and steel are India’s top exports to Oman while oil, fertilisers and plastics are the top imports.
In January this year, the government imposed a stock limit on tur and urad to prevent hoarding and unscrupulous speculation, and help improve affordability for consumers. While the restriction was to end on October 30, the government extended it till December-end.
Free Trade Agreement: India and the UK are engaged in crucial talks for a significant free-trade deal before general elections next year in India. The UK delegation, led by trade negotiations director Amanda Brooks and economic adviser Douglas McNeill, held discussions in New Delhi, aiming to expand a trading relationship exceeding $24 billion. Prime Minister […]
JSW Dharamtar Port, a wholly-owned subsidiary of JSW Infrastructure, has signed an agreement to purchase 50% of PNP Maritime Services, which is held by SP Port Maintenance, a Shapoorji Pallonji group company.
JSW Infrastructure is set to acquire a controlling stake in PNP Port, a subsidiary of Shapoorji Pallonji Group, for Rs 270 crore. This transaction values PNP Port at an enterprise value of approximately Rs 700 crore, boasting a current capacity of 5 million tonnes per annum (MTPA) and potential expansion to 19 MTPA. J
Adani International Container Terminal Pvt Ltd (AICTPL) has become the first terminal in India to handle over 3 lakh containers in a month. In the initial 8 months of FY24, APSEZ handled 275 MMT of cargo. APSEZ’s Dhamra & Ennore Ports recorded their highest-ever monthly volumes.
India’s palm oil imports surged 22% in November, reaching 867,000 metric tons, the highest in three months. The increase is attributed to steep discounts compared to soyoil and sunflower oil, prompting refiners to switch to palm oil. The move could help lower palm oil stocks in top producers Indonesia and Malaysia.
The company recently launched ASTRO ecosystem for warehouse automation across diverse industries, including direct-to-consumer, third-party logistics, e-commerce and the last-mile delivery industries.
The Forum, comprising CEOs from leading Indian and US-based companies, is co-chaired by N Chandrasekaran, Chairman, Tata Sons, and James Taiclet, President and Chief Executive Officer, Lockheed Martin. This was the eighth meeting of the forum since its reconstitution in December 2014. It is a key advisory private sector body to India-US Commercial Dialogue, and […]