Kochi Water Metro and Vande Bharat Express to be launched by PM Modi

24 Apr 2023 CW Team

Prime Minister Narendra Modi is set to flag off Kerala's Vande Bharat Express in Thiruvananthapuram and launch the Kochi Water Metro transportation system. According to sources, the Water Metro's first phase of construction is complete, and the prime minister will dedicate it during his two-day visit to Kerala. Following trial runs, two services have been maintained available for use in the High Court-Vypeen and Vyttila-Kakkanad corridors.

According to sources, Cochin Shipyard would supply 23 battery-powered electric boats to Water Metro. The boats can hold up to 100 passengers and are completely air-conditioned. It takes 10 to 15 minutes to fully charge. It is capable of 10 nautical miles per hour of top speed. Last year, Kochi Metro Rail Limited (KMRL) received the first boat. Boat operations will be watched over by a control room at the Vyttila hub.

With 78 boats, the Kochi Water Metro connects 38 ports over a distance of 76 kilometres. 820 crore is the projected cost of the project. Of this, the KfW Development Bank of Germany loaned Rs. 760 crore. The state of Kerala will provide Rs 1.02 billion. According to authorities, this huge battery- powered boat service chain is a first for the world.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..