Kolkata Port aims to advance Rs 2400 cr projects under Gati Shakti

16 Mar 2022 CW Team

Kolkata Port, now known as Syama Prasad Mookerjee Port (SMP), the company is aiming to advance the implementation targets of the Rs 2400 crore projects under the PM Gati Shakti plan.

An official said the port wants to make Kolkata a leading cruising destination in the eastern region, and it is planning a Rs 66 crore project to build three to four cruise terminals, as well as riverfront beautification and commercial development, on a 31-acre plot in the city's Khidderpore neighbourhood.

The Gati Shakti projects aim to reduce India's logistics costs of India from 6-8%, in line with global standards from 13-14%.

According to him, the projects will have an impact on sustainability and reduce pollution in the city.

SMP has the distinct advantage of having rail, road, and inland water connectivity National Waterways 1 and 2. This opens up a plethora of opportunities for stakeholders to use the port ecosystem to create a sustainable ecosystem for goods transit.

Following the successful handover of berth two to the Adani Group to install rapid loading systems, Kumar said the port is looking to modernise more berths at Haldia through a public-private partnership (PPP).

Kumar told the media that the Kolkata Port's extended gate will be built in Balagarh, about 80 km from Kolkata, and will have four to six berths. However, it will begin with only two berths.

Kumar informed that the port authorities will conduct a study for a new road tunnel beneath the Hooghly River connecting Kolkata and Howrah. These projects are intended to assist the city in lowering pollution levels.

Image Source

Also read: New Mangalore Port to start 3 new projects under PM Gati Shakti

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..