ET Titan Talk: Factories without borders—Allcargo Chairman on India building global freight icons

Kolkata Port inaugurated its first public-private partnership terminal at Khidderpore Docks, a Rs 190 crore project by Century Ports Ltd. Equipped with modern technology, the terminal aims to handle 1.65 lakh TEUs of containers and 3.3 lakh tonnes of cargo. This 30-year concession agreement is expected to boost cargo movement and modernize the dock system.

Deendayal Port Authority Kandla is spearheading initiatives to foster the growth of methanol, green ammonia, and green hydrogen sectors, aiming for a prominent position on the global maritime stage. Declared a green hydrogen hub, DPA Kandla is actively promoting a green hydrogen ecosystem, with major industrial partners establishing giga-scale plants.

Syama Prasad Mookerjee Port, Kolkata (SMPK) has awarded a Rs 343.58 crore PPP project to Ganges Bulk Terminal Pvt. Ltd. for mechanizing berth No. 5 at Haldia Dock Complex. This initiative aims to enhance cargo handling efficiency, targeting 5 million metric tonnes of dry bulk cargo annually by December 2027. The project will boost eastern […]

The Indian government is significantly increasing the Maritime Development Fund to ₹70,000 crore, aiming to bolster the maritime sector. This expansion supports shipyards, infrastructure, and shipping tonnage, aligning with ambitious goals for 2047. Recent legislative changes and financial schemes further demonstrate India’s commitment to becoming a global shipbuilding hub, competing with nations like South Korea […]

The NCLT dismissed SKIL Infrastructure’s plea to withdraw from insolvency proceedings after settling with Amluckie Investment. Other financial creditors, including Bank of India, UCO Bank, and Edelweiss ARC, opposed the withdrawal. The lenders have submitted claims of ₹13,715.15 crore, with ₹12,504.74 crore admitted. The tribunal directed the IRP to form a CoC and proceed according […]

Indian Independence Day: Walchand Hirachand, known as the “Transport Man of India,” spearheaded the nation’s transport industry before Independence. He established India’s first ship, aircraft, and car manufacturing units, now known as Hindustan Aeronautical Limited, Hindustan Shipping Limited and Premier Automobiles.

Top executives from FedEx, UPS, Aramex, and DHL will face cross-examination by a publishers’ group alleging price collusion, despite an earlier antitrust probe clearing the courier companies. This rare move by the Competition Commission of India could alter the investigation’s findings and prolong the case, impacting the growing Indian courier market. The publishers aim to […]

Celcius Logistics has launched Celcius+, a specialized logistics arm for the pharmaceutical supply chain, investing ₹50 crore to create a dedicated pharma fleet and infrastructure. The company aims to achieve ₹100 crore in annual recurring revenue within 18 months.

India’s logistics industry witnesses a boom. However, MSMEs in Tier 2 cities face PTL shipping challenges. Bigship aims to bridge this gap with its courier aggregator model. It offers real-time tracking and rate comparisons. Bigship focuses on lowering logistics costs and improving delivery flexibility for MSMEs. The company expands delivery coverage across India.