Centre to Support Development of Kollam Port Under Sagarmala

26 May 2025 CW Team

The Union Ministry of Ports and Shipping has pledged full support for the development of Kollam Port, according to a written reply by Union Minister Sarbananda Sonowal in the Lok Sabha. The port’s multipurpose development project, funded by the Centre, enables it to handle luxury, cargo, and passenger ships and plans to launch shipping services to Minicoy Island in Lakshadweep.

The state government is responsible for Kollam Port’s development. To introduce passenger, cargo, and luxury ships, the state government and the maritime board must submit a proposal following the rules of the Sagarmala project.

The minister encouraged the maritime board to utilise Kollam Port’s potential by submitting the proposal through the state government for inclusion under the Sagarmala project, which funds large-scale port development.

Member of Parliament Premachandran has urged port officials to submit a comprehensive development proposal to the federal government under the Sagarmala project promptly. He has written to the state marine board chairman, port department secretary, and state port minister to expedite the process.

Source:Maritime Gateway

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..