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

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..