Nicobar Port project worth Rs 410 billion awaits review approval

India, Iran Ink 10-Year Chabahar Port Deal

India and Iran have finalised a ten-year agreement for the development and operation of the strategic Chabahar port following a breakthrough in sourcing equipment. This significant deal underscores the deepening economic and strategic ties between the two nations, facilitating enhanced connectivity and trade opportunities.

The pact for Chabahar port, located in southeastern Iran, is a crucial component of India's efforts to establish a robust maritime corridor connecting it to Central Asia and beyond. With the agreement in place, India aims to leverage Chabahar's strategic location to ..

Adani Port Talks Remain Stalled

Negotiations between Adani Ports and striking workers at the Gangavaram Port in Visakhapatnam have reached a stalemate. The workers, who have been protesting for better wages and working conditions, continue to hold out for their demands.

The striking workers, primarily from local fishing communities, have not seen a salary increase in 14 years, despite the port's substantial profits. Their main demands include a minimum monthly wage of ?36,000, health benefits, and better job security. They argue that their current wages, which range from ?3,700 to ?18,000 per month, are insufficient,..

Sindi Dry Port Eyes Bangladesh Exports

The Sindi Dry Port, intended for facilitating exports to Bangladesh, is poised to commence operations following the announcement of election results. This strategic move aims to bolster trade ties between India and Bangladesh by streamlining the export process through efficient logistics infrastructure.

The establishment of the Sindi Dry Port holds significant promise for enhancing trade facilitation and promoting economic cooperation between India and Bangladesh. It is strategically located to serve as a crucial gateway for Indian exporters seeking access to the Bangladeshi market.