Tamil Nadu seeks Centre’s help to build port

07 Sep 2023 CW Team

E V Velu, the Minister for Public Works responsible for buildings, highways, and minor ports, has appealed for financial support from the central government to enhance the development of non-major ports in Tamil Nadu. Speaking during a roadshow ahead of the forthcoming Global Maritime India Summit, Velu highlighted the economic growth and job opportunities generated by the expansion project at VOC Port. He emphasised the need for recognising and funding additional ports to further boost the state's maritime infrastructure.

Sunil Paliwal, Chairperson of the Chennai Port Authority, emphasised the importance of addressing capacity limitations at ports to maintain competitiveness in handling large cargo shipments.

Tamil Nadu is home to three of India's 12 major ports, and S Krishnan, Additional Chief Secretary of the Industries, Investment Promotion, and Commerce Department, stressed the state's potential as an attractive destination for cruise tourism. He emphasised the importance of attracting investments in ports, given the state's extensive peninsular coastline.

Furthermore, these ports play a critical role in supplying coal to thermal power plants. Sarbananda Sonowal, the Union Minister for Ports, Shipping, and Waterways, revealed the central government's desire to promote Tamil Nadu as a bunker hub. Several projects are already in progress to achieve this goal.

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..