India designates Kandla, Paradip, Tuticorin as Export Hubs

04 Oct 2023 CW Team

The Ministry of Shipping and Ports has identified three crucial ports?Kandla, Paradip, and Tuticorin?as focal points for the export of green hydrogen, green ammonia, and green methanol within the next seven years. The move is aimed at expediting India's goal of becoming a significant player in the global hydrogen market. The main objective now is to establish essential infrastructure at these ports, enabling the storage, handling, and bunkering of these environmentally friendly fuels and their derivatives. India's ambitious target is to create a capacity for exporting approximately 5 million tonne of green hydrogen and its derivatives annually by 2030. This strategic initiative is in line with the goals set forth in the National Green Hydrogen Mission, which aims to tap into hydrogen's potential in various industrial sectors, including fertilizers and petrochemicals. Moreover, hydrogen derivatives, serving as a low-carbon fuel alternative, have significant potential in transportation sectors such as shipping, metro rail, and trains. The Odisha government is presently in the process of allocating land near Paradip Port to manufacturers specialising in green hydrogen and its derivatives. The port authority also plans to develop shared infrastructure facilities for the green hydrogen project, including the dedicated handling of ammonia and its derivatives. To support these endeavours, a grant of Rs 3.25 billion has been requested from the Ministry of Shipping.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..