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Inland waterways transport in Bengal set for a boost
WATER & WASTE

Inland waterways transport in Bengal set for a boost

The inland waterways transport infrastructure in West Bengal will get a boost with the Transport Department executing the Inland Waterways Transport Logistics and Spatial Development Project. The World Bank recently signed an agreement with the Central Government and the state government to pro...

The inland waterways transport infrastructure in West Bengal will get a boost with the Transport Department executing the Inland Waterways Transport Logistics and Spatial Development Project. The World Bank recently signed an agreement with the Central Government and the state government to provide a loan of $105 mn for the project, which is aimed at facilitating both passenger and freight movement in five densely populated districts of south Bengal that covers the Kolkata Metropolitan Area (KMA) where one third of the state population resides. KMA covers four municipal corporations and 37 municipalities, parts of North 24-Parganas, South 24-Parganas, Howrah, Nadia and Hooghly within its jurisdiction.

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Infrastructure Urban

Mahindra to Build Largest Integrated Auto and Tractor Plant in Maharashtra

Mahindra Group has announced plans to establish its largest integrated manufacturing facility for automobiles and tractors in Nagpur, Maharashtra, as part of a long-term growth strategy unveiled at Advantage Vidarbha. The company has committed an investment of Rs 150 billion (bn) over a ten year period and anticipates that the Nagpur complex will commence production in 2028. The announcement places Vidarbha at the centre of Mahindra's expanded manufacturing footprint. The facility will be developed across an area of 1500 acres in Vidarbha and will be complemented by a one hundred and fifty ac..

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Infrastructure Transport

BEML Approves Rs 15 Billion for BRAHMA Rail Facility Near Bhopal

BEML Limited (BEML) approved an investment of Rs 15 billion (Rs 15 bn) to develop the BRAHMA rail manufacturing facility at Umariya near Bhopal. The board authorised the capital allocation and initiated project planning and land acquisition processes. The approval signals a strategic move by the state-owned engineering company to expand its footprint in rail equipment production in central India. The project is positioned to strengthen domestic rail manufacturing capabilities and to support supply chain resilience for rolling stock and related components. The company framed the investment as ..

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Infrastructure Urban

Pitch Perfect Australia–India Compendium Launched at IIFT

The Indian Institute of Foreign Trade (IIFT) launched the India–Australia Business Case Studies Compendium titled Pitch Perfect Australia–India, presenting practical accounts of cross border commerce and the conditions for a $100 bn partnership. The compendium was developed jointly by the Indian Institute of Foreign Trade and Newland Global Group and documents market entry experiences, growth strategies and lessons from 30 organisations operating in India and Australia. The publication aims to inform policy makers, industry leaders and academics by presenting evidence based business journe..

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