Govt to spend Rs 1,900 cr for 45 Ro-Ro ferry projects

22 Jun 2022 CW Team

According to an official statement the Ministry of Ports, Shipping, and Waterways will now financially support 45 Ro-Ro (roll-on-roll-off) ferry projects having a total cost of Rs 1,900 crore.

The ministry operationalised Ro-Pax (roll-on-roll-off passenger) ferry service from Ghogha-Hazira in Gujarat to Mumbai-Mandwa in Maharashtra.

The services transported over 7 lakh passengers and 1.5 lakh vehicles, which contribute to a clean environment and public welfare.

The projects have high demand and potential, and additional projects have been planned at Pipavav and Muldwarka, Gujarat and Ghodbunder, Vasai, Veldur, Manori, Kashid, Rewas, and JN Port, Maharashtra, the statement added.

The ministry prepared a draft of 'Guidelines for Operationalisation of Ro-Ro and Ro-Pax ferry services with the coast of India once they incorporated the preliminary inputs received from the stakeholders.

The statement added that the guidelines will homogenise as well as streamline the development and operations of ferry services. It will further promote ease of doing business via eliminating unnecessary delays, disputes, and introducing digital interventions at the customer interface.

The guidelines would further help state/UT governments and Port authorities to implement such projects by standardisation of procedures, it said.

Image Source

Also read: India’s total merchandise exports to be at $117.2 bn in Q1 FY23

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..