Adani to invest heavily to make Dighi port multi-cargo

18 Feb 2021 Editorial Team

Adani Ports and Special Economic Zone Ltd (APSEZ) completed the acquisition of Dighi Port Ltd (DPL) this week for Rs 705 crore. DPL will be the 12th port to join APSEZ's slew of economic gateways across the western and eastern coast of India.

The acquisition would enable APSEZ to service customers in Maharashtra, including the highly industrial areas and development in the Mumbai and Pune regions.

APSEZ aims to invest over Rs 10,000 crore to develop the port into a multi-cargo port with quality infrastructure and invest in the development of rail and road evacuation infrastructure for seamless and efficient cargo movement.

The company will strengthen and repair existing infrastructure and invest in developing facilities for the dry, container, and liquid cargo.

DPL is expected to evolve as an alternative gateway to the Jawaharlal Nehru Port Trust (JNPT) and invite and support the development of port-based industries on portland.

Make in Steel 2021

24 February

Click for event info

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The development of DPL will lead to further investments across various industries such as consumer appliances, metals, petrochemicals, energy, and chemicals business in Maharashtra.

As per the resolution plan's terms and requirements, the transfer of concession rights has also been approved by the Maharashtra Maritime Board (MMB) and APSEZ has settled the financial creditors' dues and other admitted costs and claims.

APSEZ told the media that its investment and capacity augmentation plan would be aligned with Maharashtra Government's policies for the development of ports, associated infrastructure, industrial and socio-economic development in the state.

Image: APSEZ aims to invest over Rs 10,000 crore to develop the port into a multi-cargo port .

Also read: Adani Ports market cap crosses Rs 1 trillion mark

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..