India's Major Ports Capacity Up 87% Since 2014

05 Aug 2024 CW Team

Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that the capacity of India's 12 major ports has surged by 87% since 2014-15, as reported by Economic Times. This significant increase highlights the rapid growth and modernization of the country's port infrastructure over the past decade.

The expansion in port capacity reflects the government?s ongoing efforts to enhance maritime logistics and support economic development. Investments in infrastructure, technology upgrades, and improved operational efficiencies have played a crucial role in achieving this milestone.

The capacity surge is attributed to various initiatives, including the development of new port facilities, expansion of existing terminals, and adoption of advanced cargo handling technologies. The enhancement of port infrastructure has been integral to accommodating growing trade volumes and meeting the increasing demands of both domestic and international shipping.

Key projects contributing to the capacity increase include the construction of new berths, dredging operations to deepen port channels, and the introduction of modern cargo handling equipment. These improvements have not only increased the ports' throughput but also reduced turnaround times for vessels, thereby enhancing overall efficiency.

The growth in port capacity is expected to bolster India?s position as a major global maritime player, facilitating smoother trade flows and supporting economic growth. It also aligns with the government's broader vision of developing world-class port infrastructure to boost trade and investment.

Sonowal?s announcement underscores the success of the government's port development strategies and its commitment to furthering advancements in the maritime sector. The enhanced port capacities will play a critical role in supporting India's trade ambitions and driving economic progress.

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..