Concor to Operate New Container Terminal at Bhavnagar Port

08 Sep 2025 CW Team

The Container Corporation of India (Concor) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) to operate and maintain the upcoming container terminal on the northside of Bhavnagar Port, Gujarat.

Under the MoU, Concor will serve as the terminal operator, overseeing operations, management, and marketing of the facility. This move marks Concor’s strategic foray into direct port operations, aligning with its goal of forward integration in the logistics value chain. The detailed terms and conditions of the agreement are currently being finalised.

The upcoming port terminal is poised to significantly serve the logistics needs of Central Gujarat, the Dholera Industrial Belt, and may even extend its services to customers in the National Capital Region (NCR).

BPIPL had earlier signed an agreement with the Gujarat Maritime Board (GMB) in September 2024 for developing the port infrastructure. Under the deal, 235 hectares of land has been leased for 30 years, with an option to expand by an additional 250 hectares.

Concor, primarily involved in inland container transport by rail, also manages air cargo complexes and cold chain facilities, reinforcing its role as a key player in India’s logistics sector.

In its latest quarterly results (Q1 FY26), the company reported a 3.24 per cent rise in consolidated net profit to Rs 266.54 crore, with revenue from operations rising 2.40 per cent to Rs 2,153.63 crore compared to Q1 FY25. On the stock exchange, Concor shares closed at Rs 544.70, up 0.55 per cent on the BSE.

Real Estate

29 Sep 2025

Hiranandani Launches India’s Largest Coastal Township in Alibaug

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India’s largest integrated coastal township, near Mumbai in Alibaug, with an estimated revenue of Rs 170 billion. Spanning 225 acre, the township is designed as Mumbai’s lifestyle extension hub, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments. Residents will have private beachfront access and a jetty, alongside five hotels covering luxury, business, and leisure segments, a mega convention centre, eco-wellness hub, beachside entertainment, and a globa..

TDI City Kundli Relaunched with Rs 1 Billion Redevelopment Plan

TDI Infrastructure has announced a Rs 1 billion investment to redevelop and relaunch the 1,100-acre TDI City Kundli, positioning it as a natural and affordable alternative for residents of North and West Delhi. Situated just 30 minutes from Delhi via the newly operational UER-2, the township currently has around 7,000 plot owners and more than 5,000 apartments.“As part of the redevelopment, we are collaborating with Resident Welfare Associations (RWAs) to upgrade 62 parks across 23 acres, improve internal roads, enhance the existing clubhouse, and commence a new second clubhouse to support r..

India Plans Rs 70 Billion Push for Shipbuilding and Ports

The Indian government is preparing a Rs 70 billion stimulus for the shipping sector, with the Union Cabinet expected to review three major schemes shortly, according to media reports. The initiative reflects India’s efforts to expand shipbuilding, port infrastructure, and maritime trade capacity in the coming years.Shares of leading shipbuilders such as Shipping Corporation of India (SCI), Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock Shipbuilders have already risen on expectations of government support.The plan centres on three key initiatives: a Rs 20 billion Shipbuild..