Efforts underway to operationalise infra links with CMLV countries

08 Dec 2020 Editorial Team

The secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Guruprasad Mohapatra, said that the India-Myanmar-Thailand Trilateral Highway can serve as a lifeline for the Mekong and North-East region of India. India, Myanmar, and Thailand are working on a 1,400 km long highway that would link the country by land with Southeast Asia and give a boost to business, trade, education, health, and tourism ties among the three countries.

At CII’s India-CLMV Business Conclave 2020, Mohapatra said that with a corpus of Rs 554.65 crore, a project development fund was set up to promote trade and investments in CLMV countries as well as to help integrate domestic manufacturers and producers in the regional value chains.

In 2019-20, the two-way trade between CLMV countries and India had increased from Rs 8,134.85 crore to Rs 104 billion. The secretary further said that connectivity between the Mekong River region and India will be enhanced by the Kaladan multi-modal transit transport project. He added that through the north-eastern frontier of India, the department aims to reach their friends in south-east Asia and in turn achieve development for our partners and people. For developing an export-oriented economy, the natural resource potential of CLMV countries and north-east India offers unique opportunities. This will bring comprehensive industrial development and enhance investment potential.

Speaking at the conclave, V Muraleedharan, Minister of State for External Affairs said a proposal is also being studied by Laos for eastward extension of this highway and work is currently being executed on the early operationalisation of the trilateral highway. He also said that the state is looking forward to enhanced collaboration and cooperation between ASEAN countries on drug development and the Covid-19 vaccine. He said that even they are ready to share the Covid-19 vaccine with these countries whenever it is made available.

Image Source

Source: The Financial Express

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Efforts are underway to operationalise principal infrastructure links between India and Cambodia, Laos, Myanmar, and Vietnam (CLMV countries) for better economic integration in the region, said a top government official. The secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Guruprasad Mohapatra, said that the India-Myanmar-Thailand Trilateral Highway can serve as a lifeline for the Mekong and North-East region of India. India, Myanmar, and Thailand are working on a 1,400 km long highway that would link the country by land with Southeast Asia and give a boost to business, trade, education, health, and tourism ties among the three countries. At CII’s India-CLMV Business Conclave 2020, Mohapatra said that with a corpus of Rs 554.65 crore, a project development fund was set up to promote trade and investments in CLMV countries as well as to help integrate domestic manufacturers and producers in the regional value chains. In 2019-20, the two-way trade between CLMV countries and India had increased from Rs 8,134.85 crore to Rs 104 billion. The secretary further said that connectivity between the Mekong River region and India will be enhanced by the Kaladan multi-modal transit transport project. He added that through the north-eastern frontier of India, the department aims to reach their friends in south-east Asia and in turn achieve development for our partners and people. For developing an export-oriented economy, the natural resource potential of CLMV countries and north-east India offers unique opportunities. This will bring comprehensive industrial development and enhance investment potential. Speaking at the conclave, V Muraleedharan, Minister of State for External Affairs said a proposal is also being studied by Laos for eastward extension of this highway and work is currently being executed on the early operationalisation of the trilateral highway. He also said that the state is looking forward to enhanced collaboration and cooperation between ASEAN countries on drug development and the Covid-19 vaccine. He said that even they are ready to share the Covid-19 vaccine with these countries whenever it is made available. Image Source Source: The Financial Express

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Technology

27 Jun 2026

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Real Estate

27 Jun 2026

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..