APM Terminals Mumbai to infuse $115 mn in infra development

16 Feb 2022 CW Team

APM Terminals Mumbai, also known as Gateway Terminals India (GTI), will invest $115 million in infrastructure expansion to boost container handling capacity by 10% to 2.18 million Twenty-foot Equivalent Units (TEUs).

Ship-to-Shore (StS) and Rail Mounted Gantry (RMG) cranes are being purchased by the corporation. The investment will allow GTI to meet evolving client demands for greater vessel capabilities, according to a statement issued by the government.

The terminal's action is a step forward in assisting the central government's Ease of Doing Business strategy, according to Aggarwal.

GTI is a joint venture (JV) between APM Terminals and Container Corporation of India (Concor), a local train operator based in Nhava Sheva. The terminal has a 2,336-foot berth line, 128 acres of yard space, and sophisticated service equipment such as ten twin-lifting quay cranes, 40 rubber-tire gantry cranes, and three rail-mounted quay cranes.

APM Terminals Mumbai is one of three container terminals operating out of Nhava Sheva's Jawaharlal Nehru Port (JNPT), with a 30-year license to perform container handling services at the port.

The terminal uses a Radio Frequency Identification (RFID) application installed into computer tablets to offer real-time container position data, resulting in significant operational efficiency gains. Reach Stacker Operators, for example, can use computer tablets mounted in the cabin to get real-time data on the status, location, and future move of the containers with a single touch. All export containers arriving at the terminal's gates are inspected using digital cameras that read container numbers using Optical Character Recognition.

Image Source

Also read: APM Terminals to partner with Wan Hai Lines for container terminal bid

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..