Transshipment port at Great Nicobar Island on anvil
PORTS & SHIPPING

Transshipment port at Great Nicobar Island on anvil

India is considering investing Rs.100 bn to build a transshipment port at Great Nicobar Island in the Bay of Bengal capable of handling large ships to provide shippers an alternative to similar ports in the region, Prime Minister Narendra Modi said recently while inaugurating via video link the...

India is considering investing Rs.100 bn to build a transshipment port at Great Nicobar Island in the Bay of Bengal capable of handling large ships to provide shippers an alternative to similar ports in the region, Prime Minister Narendra Modi said recently while inaugurating via video link the first undersea optical fibre project to provide high-speed internet to Andaman and Nicobar Islands. The 2,312-km submarine cable from Chennai to Andaman and Nicobar Islands was laid at Rs.12.24 bn. The proposed dedicated container transshipment terminal at the strategic locale offers two advantages – proximity to the busy east-west international shipping route that can facilitate shorter transits, and deep natural water depths.

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Resources

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

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Technology

Vedanta eyes AI-led value growth

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Infrastructure Urban

Hindustan Zinc inks pact with Group Nirmal

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