India Approves Massive West Coast Sea Port

21 Jun 2024 CW Team

India's infrastructure development reaches new heights as the Cabinet approves a massive investment of Rs 76,220 crore for a mega sea port project on the west coast. The move underscores the nation's commitment to bolstering maritime trade and connectivity, key components of economic growth and global competitiveness.

The Cabinet's approval marks a significant milestone in India's infrastructure landscape, signaling robust investments in strategic projects that enhance trade efficiency and infrastructure connectivity. The mega sea port, set to be developed under the Public-Private Partnership (PPP) model, will serve as a crucial hub for maritime trade, catering to both domestic and international shipping needs.

Key stakeholders in this ambitious project include government agencies, private investors, and industry partners, all collaborating to create a world-class maritime infrastructure. The mega sea port's strategic location on the west coast further amplifies its potential to become a major gateway for trade activities, contributing significantly to India's economic growth trajectory.

The investment of Rs 76,220 crore underscores the government's commitment to fostering infrastructure development as a cornerstone of economic progress. The mega sea port project aligns with India's broader vision of modernizing infrastructure to meet the demands of a rapidly evolving global economy.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..