VISL May Get Nod for Port Infrastructure Expansion

31 Jul 2025 CW Team

The government is set to deliberate on a proposal granting Vizhinjam International Port Limited (VISL) a more central role in the development of infrastructure surrounding the Vizhinjam Port. A project implementation committee, chaired by Chief Secretary Dr A Jayathilak, met on Monday to chart the way forward.

A favourable decision permitting VISL to acquire land for infrastructure could mark a major shift in port-driven development. “VISL can begin planning vital infrastructure even before gateway traffic commences,” said an official from the ports department. “We require container yards, terminals, logistics parks, and warehousing in place to handle large cargo volumes once the port becomes operational. However, final approval from the government is essential to initiate this.”

The officer also highlighted slow progress on related infrastructure, such as the Outer Ring Road. “This must be seen not merely as a road project but as a critical enabler for port operations,” they added.

At its 58th board meeting, VISL reaffirmed its commitment to building infrastructure that fosters port-led economic growth. The board has formally sought government approval to acquire around 100 acres of land near the port.

Meanwhile, a decision on rail connectivity to the port is expected soon. A VISL-appointed committee will assess the draft tender submitted by Konkan Railway Corporation Limited (KRCL) for the Vizhinjam–Balaramapuram railway line by month-end. If cleared, the project will include a 10.7-km line with a 9.43-km tunnel, poised to become India’s third-longest railway tunnel.

The planned railway link is expected to significantly ease cargo movement to and from Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana. VISL is also exploring the possibility of setting up a railway container terminal between Parassala and Neyyatinkara to further enhance multimodal connectivity.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..