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.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..