PPP Shipyard Planned at Ponnani Port in Kerala

21 Jan 2026 CW Team

A large shipbuilding yard is set to come up at Ponnani Port, boosting industrial development in Kerala’s Malabar region, officials said. The tender process for the project, which will be developed under a public-private partnership model, has been completed, with the agreement with the private partner expected to be signed within two weeks.

According to a statement, the shipyard will be established on around 29 acres of coastal land on the western side of the Ponnani fishing harbour under the Kerala Maritime Board. It will be the second shipyard in the state after Kochi.

A shipbuilding-related training institute will also be set up as part of the project, while cargo-handling operations are planned to commence soon after the yard becomes operational. In the first phase, the facility will focus on building small vessels, supported by the construction of a wharf adjoining the breakwater at the estuary. Investment in this phase is estimated at about Rs 2 billion.

The second phase will expand operations to include the construction of large vessels, with an estimated investment of around Rs 10 billion over the next seven to ten years. The project aims to position Ponnani as the largest shipbuilding hub in the state after Kochi.

Officials said the shipyard is expected to generate employment for around 1,000 people. To facilitate the development, alternative facilities will be provided on the eastern side of the harbour for fish-drying units currently operating on the land earmarked for the shipyard. The decision was taken at a meeting chaired by the District Collector.

Local MLA P. Nandakumar said the project would provide a major boost to Ponnani’s development and called for local cooperation to ensure smooth implementation.

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..