Vadhavan and Tuna Tekra to drive India's IMEEC goals

19 Dec 2023 CW Team

In pursuit of India's Infrastructure for Maritime Economic Corridor (IMEEC) aspirations, key projects like Vadhavan and Tuna Tekra take centre stage, according to insights from Sonowal. These initiatives are pivotal components in India's strategic plan to bolster maritime infrastructure and enhance connectivity, aligning with the nation's larger economic development goals.

Vadhavan and Tuna Tekra emerge as focal points in the IMEEC framework, showcasing India's commitment to robust maritime infrastructure. Sonowal's emphasis on these projects underscores their significance in fostering efficient logistics and trade, promoting economic growth in the maritime domain.

The Vadhavan port project, with its strategic location and state-of-the-art facilities, is poised to become a key maritime gateway, facilitating seamless trade and connectivity. Tuna Tekra, another critical venture, contributes to the overall vision of an integrated and efficient maritime corridor, enhancing India's global competitiveness in the maritime sector.

Sonowal's acknowledgment of these projects reflects the government's proactive stance in realising IMEEC objectives. The emphasis on comprehensive maritime infrastructure development aligns with India's ambition to emerge as a formidable player in the global maritime landscape, fostering economic development and trade facilitation through well-planned and executed initiatives.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..