Andhra Pradesh issues EOI for ports

09 Oct 2024 CW Team

The Andhra Pradesh government has generated significant interest by issuing an Expression of Interest (EOI) for the construction, operation, and maintenance of various ports in the state. This initiative aims to enhance the state’s maritime infrastructure and promote economic growth through improved logistics and trade capabilities along its coastline.

By inviting both domestic and international investors to participate, Andhra Pradesh seeks to develop strategic ports that can handle increased cargo traffic and facilitate seamless trade routes. The initiative is part of the state’s broader effort to modernize its port facilities and capitalize on its long coastline, which provides ample opportunities for coastal shipping and maritime activities.

The EOI outlines plans for public-private partnerships (PPPs) to leverage private sector expertise and investment in developing efficient and sustainable port operations. This approach is expected to attract significant investment, fostering innovation and ensuring that the ports are equipped to meet the demands of modern maritime trade.

The initiative reflects Andhra Pradesh’s commitment to boosting its logistics sector, which plays a crucial role in the state's economic development. By enhancing port infrastructure, the state aims to support regional industries and create a robust framework for international trade, ultimately contributing to job creation and local economic growth.

This move aligns with India’s national maritime policy, which emphasizes the development of ports as critical infrastructure for facilitating trade and supporting the country’s economic ambitions. With the issuance of the EOI, Andhra Pradesh is positioning itself as a key player in the country’s maritime landscape, ready to embrace future growth in the shipping and logistics sectors.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..