DP World to Pilot MagRail Freight Tech at Kandla Port

17 Jul 2025 CW Team

The project aims to demonstrate the use of self-propelled, electric-powered wagons using linear motor technology on conventional rail tracks. This will enable faster, more efficient, and cost-effective cargo movement for both containerised and bulk freight, while significantly reducing carbon emissions. The initiative is aligned with India’s National Logistics Policy and the PM Gati Shakti programme.

DP World, a global leader in smart supply chain solutions, is spearheading this innovative freight mobility project, while Deendayal Port Authority is facilitating its evaluation at one of India’s key multi-cargo ports.

The MoU was signed on 15 July 2025 in Kandla by Sushil Kumar Singh, Chairman of DPA; Rizwan Soomar, CEO & Managing Director for Middle East, North Africa, and the India Subcontinent at DP World; and Przemek (Ben) Paczek, CEO of Nevomo Group BV, in the presence of senior officials.

Commenting on the development, Singh said the partnership would enhance operational capacity and efficiency to meet rising cargo volumes. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, highlighted the company's commitment to adopting future-ready technologies to streamline supply chains, reduce transit times, and support India's trade ambitions.

Rizwan Soomar emphasised that the collaboration represented long-term, transformative thinking, aiming to advance India’s port-led logistics ecosystem and drive carbon neutrality through technology-driven solutions.

Paczek noted that MagRail would offer improved flexibility, reliability, and scalability in freight transport, making India’s logistics infrastructure greener and more competitive on a global scale.

The pilot project will also help reduce reliance on diesel-powered cargo vehicles, automate short-haul transfers, and improve yard efficiency, further reinforcing India's position as a leader in innovative and sustainable logistics.

DP World, the Deendayal Port Authority (DPA), and Nevomo have signed a Memorandum of Understanding (MoU) to explore the deployment of Nevomo’s MagRail proprietary technology for the autonomous movement of rail-based cargo within existing port infrastructure. The agreement marks the start of a 750-metre pilot project at Deendayal Port in Kandla, Gujarat.The project aims to demonstrate the use of self-propelled, electric-powered wagons using linear motor technology on conventional rail tracks. This will enable faster, more efficient, and cost-effective cargo movement for both containerised and bulk freight, while significantly reducing carbon emissions. The initiative is aligned with India’s National Logistics Policy and the PM Gati Shakti programme.DP World, a global leader in smart supply chain solutions, is spearheading this innovative freight mobility project, while Deendayal Port Authority is facilitating its evaluation at one of India’s key multi-cargo ports.The MoU was signed on 15 July 2025 in Kandla by Sushil Kumar Singh, Chairman of DPA; Rizwan Soomar, CEO & Managing Director for Middle East, North Africa, and the India Subcontinent at DP World; and Przemek (Ben) Paczek, CEO of Nevomo Group BV, in the presence of senior officials.Commenting on the development, Singh said the partnership would enhance operational capacity and efficiency to meet rising cargo volumes. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, highlighted the company's commitment to adopting future-ready technologies to streamline supply chains, reduce transit times, and support India's trade ambitions.Rizwan Soomar emphasised that the collaboration represented long-term, transformative thinking, aiming to advance India’s port-led logistics ecosystem and drive carbon neutrality through technology-driven solutions.Paczek noted that MagRail would offer improved flexibility, reliability, and scalability in freight transport, making India’s logistics infrastructure greener and more competitive on a global scale.The pilot project will also help reduce reliance on diesel-powered cargo vehicles, automate short-haul transfers, and improve yard efficiency, further reinforcing India's position as a leader in innovative and sustainable logistics.

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..

Infrastructure Energy

06 Apr 2026

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..

Real Estate

06 Apr 2026

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..