Indian Companies Concerned About Port Pricing

19 Sep 2024 CW Team

Current Issue:

Indian companies are increasingly worried about escalating costs at ports. Price fluctuations and increased tariffs are impacting logistics and supply chains. Impact on Businesses:

Rising port charges are affecting the cost of imports and exports. Companies are facing higher operational costs, which may lead to increased product prices and reduced profit margins. Factors Influencing Costs:

Factors contributing to higher port prices include increased handling fees, higher freight charges, and regulatory changes. Global market trends and supply chain disruptions are also playing a role. Government and Industry Response:

The government and industry bodies are working to address these concerns by reviewing and potentially revising port tariffs and operational policies. Regulatory measures are being considered to ensure fair pricing and reduce the financial burden on businesses. Future Outlook:

Companies are advised to monitor port pricing trends closely and explore cost-effective solutions. Businesses may need to adjust their logistics strategies to mitigate the impact of rising costs. Long-Term Implications:

Sustained high port costs could affect the competitiveness of Indian goods in the global market. The situation underscores the need for efficient port management and strategic planning to ensure cost stability and business sustainability. Conclusion: Indian companies are expressing concern over increasing port costs, which are impacting their operational expenses and profitability. Efforts are underway to address these issues, with a focus on reviewing tariffs and implementing measures to stabilize pricing and support business interests.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..