Gujarat Ports: ?1.5 Trillion Boost!

28 Dec 2023 CW Team

The Gujarat Maritime Board has recently attracted significant investment proposals totaling ?1.5 trillion, marking a pivotal moment in the evolution of the state's port and shipping infrastructure. The infusion of such substantial funds is poised to bring about transformative changes, enhancing the efficiency and capacity of Gujarat's maritime facilities. This monumental investment, distributed across various projects, encompasses port expansions, technological advancements, and sustainable practices. The focus on modernization is evident as the funds are earmarked for upgrading existing port facilities, implementing cutting-edge technologies for logistics and cargo handling, and promoting eco-friendly practices for a greener maritime footprint. Key areas of development include the adoption of advanced equipment for faster cargo turnaround, the establishment of state-of-the-art warehousing facilities, and the integration of digital solutions to streamline port operations. Additionally, the investment will facilitate the development of multi-modal connectivity, enhancing the seamless movement of goods between ports and hinterland regions. The infusion of ?1.5 trillion into Gujarat's maritime sector not only propels economic growth but also positions the state as a key player in the global shipping landscape. As the projects unfold, they are expected to generate employment opportunities, foster technological innovation, and contribute to the overall socio-economic development of the region.

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..

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..

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..