Vizhinjam Gateway Cargo To Begin By Early 2026

25 Jun 2025 CW Team

Vizhinjam International Seaport’s gateway freight operations are now expected to commence by December 2025 or January 2026, following delays in the construction of temporary road access to NH-66. While the port has functioned primarily as a transshipment hub since its commercial launch in July 2024, the phased introduction of export-import (exim) cargo is intended to align with infrastructure readiness and ensure smooth operational scale-up.

The 1.7-kilometre temporary road linking the port to the national highway is still under construction, with monsoon-related challenges delaying completion. A key 150-metre stretch between a bridge and NH-66 awaits a retaining wall, and adjacent service roads require widening.

Though Ports Minister VN Vasavan had earlier announced a July 2025 launch for gateway services, officials now indicate the state government prefers a more measured approach. By the time operations begin, customs facilities and inspection scanners will be functional at the port user building.

Another pending decision concerns the proposed cloverleaf interchange at the NH-66 junction, with estimated costs of Rs 3.6 billion and land needs of 30 acres. The project, backed in principle by NHAI, awaits final state approval. A cost-sharing model involving the Adani Group, Kerala government and a potential 50 per cent contribution from the Centre is under discussion.

Until the interchange is built, the temporary road will serve as a critical link, enabling a gradual ramp-up of cargo volumes at one of India’s most strategically located ports.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..