The proposed Vadhavan port in Maharashtra is a high-priority initiative for the government, the port is designed to handle an annual cargo capacity of 23 million TEUs (twenty-foot equivalent units) or 254 million tons, boasting a natural draft of 20 meters to accommodate larger container vessels of up to 20,000 TEUs.
Vibrant Gujarat Summit: Shipping ministry signs pacts for Rs 30,000 crore investments
Officials are looking at the possibility of diverting some inventories to Australia and other countries to minimise this impact. The commerce and industry ministry has already had consultations with stakeholders on the issue on January 4 when traders, shippers, container firms and freight forwarders said that freight and insurance costs had increased because of the […]
India shares social security data with US
2 years ago
New Delhi, will this week, push for a totalisation pact to do away with dual social security taxation for its workers, with US trade representative Katherine Tai under the India-US Trade Policy Forum.
Inter-ministerial meet next week to discuss ways to insulate India’s trade from Red Sea crisis
2 years ago
An inter-ministerial group, consisting of officials from various departments and ministries, is set to meet next week to discuss the impact of the Red Sea crisis on India’s trade. The recent attacks by Yemen-based Houthi militants have disrupted the shipping route through the Bab-el-Mandeb Strait, prompting shippers to take a longer route through the Cape […]
Defence Minister Rajnath Singh, visiting the UK, met with British Foreign Secretary David Cameron to enhance bilateral ties. Discussions focused on integrating India-UK defence industries, emphasizing startup-level interaction, and joint project implementation. Singh highlighted the importance of supply chain integration for resilience. The UK expressed its desire for defence collaboration, with plans for the Littoral […]
Kwatra said the deal is part of a total of four memorandums of understanding signed between New Delhi and Abu Dhabi in the ongoing Vibrant Gujarat Global Summit, Kwatra said.
Merchant Chamber of Commerce & Industries (MCCI) in association with Woxsen University in Hyderabad organised a National Round Table on “Glocalization in Education for the Future Businesses” on Wednesday in Kolkata. Former Prime Minister of Belgium Yves Leterme was the Chief Guest of the session.
The UAE-India Business Summit, themed “Two Nations, One Vision,” occurred at the Vibrant Gujarat Global Summit 2024, marking a pivotal moment in their economic partnership. The event featured the ceremonial launch of the UAE-India CEPA Council (UICC), aiming to enhance strategic cooperation, particularly in industries like startups, women entrepreneurs, and MSMEs. Driven by a shared […]
Commerce and industry minister Piyush Goyal said that there is significant traction in the idea to connect India and Europe through the Middle East through the India-Middle East- Europe corridor and that both countries are expanding partnership new areas such as the startup bridge and the Bharat Bazar which DP World is developing in the […]