Allcargo Terminals Expands CFS Capacity In Kolkata

17 Dec 2024 CW Team

Allcargo Terminals that operates Container Freight Station and Inland Container Depots said on Monday that it has expanded the capacity of its Kolkata freight station. According to an official statement, the freight station can process more than 1,200 TEUs of rice per month and it hopes to increase its production capacity by more than 25per cent . It is one of six Allcargo Terminals' strategically placed stations and is close to the Kolkata port. It is built to match demand for production and consumption in order to minimize logistical expenses. “We are witnessing a surge in rice exports following the recent lifting of the government’s ban, and we are fully prepared to meet the growing demand. Between October and November, we observed a significant growth of over 60per cent in TEU volumes, reflecting the increasing momentum in exports,” said Nitin Behl, Regional Head- East & North India Allcargo Terminals Limited. “We have ample capacity in terms of space, skilled workforce, advanced cargo-handling equipment, technology and infrastructure, as well as the availability of empty containers, to customize and serve customers' demand efficiently," Behl added. Minister of Ports, Shipping & Waterways Sarbananda Sonowal launched the 'Jalvahak' scheme to incentivise cargo movement via inland waterways, marking a major step towards promoting sustainable and cost-effective transportation. This scheme was launched across National Waterways 1 (Ganga), 2 (Brahmaputra), and 16 (Barak river)

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..