Bhavnagar Set To Become Container Manufacturing Hub

04 Aug 2025 CW Team

Union Railway Minister Shri Ashwini Vaishnaw, accompanied by Labour, Youth Affairs and Sports Minister Dr Mansukhbhai Mandaviya and Minister of State for Consumer Affairs Smt Nimuben Bambhaniya, visited Aawadkrupa Plastomech Pvt Ltd, a container manufacturing firm based in Bhavnagar district.

Located on the Bhavnagar–Rajkot Road, the facility currently produces around 15 containers per day and has the infrastructure to scale up to 100 units daily. The ministers reviewed the manufacturing processes and technologies employed at the plant, with the Railway Minister assuring full government support to help the company meet rising global container demand.

The visit signals Bhavnagar's emergence as a potential container production hub under the Make in India initiative. The Railway Minister offered guidance and expressed confidence in the region’s growing capabilities in the logistics and industrial sectors.

District Collector Dr Manish Kumar Bansal, District Development Officer Shri Hanul Chaudhary, Regional Commissioner Shri Dhaval Pandya, Superintendent of Police Shri Harshad Patel, and Shri Hasmukhbhai Patel of Aawadkrupa were also present during the visit.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..