Kolkata Port offers 60 acre for state's first multi-modal logistics park

30 Aug 2023 CW Team

The Kolkata Port, also known as Syama Prasad Mookherjee Port (SMP), is offering nearly 60 acres of its land in Kolkata for setting up West Bengal's first multi-modal logistics park (MMLP). An SMP official said this MMLP will be unique as it will be located just 2km from the port docks, making it more attractive than other proposed MMLPs across India.

SMP has invited bids for allotting the vacant land on a 30-year lease for the MMLP project. The base annual rent is set at Rs 21 crore with a minimum cargo volume guarantee of 1 million tonnes. The facilities planned for the MMLP include warehousing, cold storage, offices, transport and other logistics infrastructure. The port aims to boost logistics and attract more users through the MMLP.

Over 25 acres of warehousing space is already available at the site, which is strategically located near highways and offers connectivity to Bangladesh, Nepal, Bhutan and North-East India. The last date for bidding is September 29. SMP hopes the MMLP will help reduce foreign trade costs and benefit the Kolkata port.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..