We are building more than tracks; we are building futures
PORTS & SHIPPING

We are building more than tracks; we are building futures

Ever since its establishment a decade ago, Indian Port Rail & Ropeway Corp. (IPRCL) has been actively engaged in improving port rail and ropeway infrastructure across the country. Now, with an eye on emerging opportunities, the company is expanding into new areas, including inland waterways, port digitalisation, building construction, investment facilitation and overseas projects, shares Manoj Kumar Semwal, Managing Director, in an exclusive interaction with CW. A company owned by the Ministry of Ports, Shipping and Waterways, IPRCL also looks forward to delivering the initial phase of the ambitious National Maritime Heritage Complex by year-end. Edited excerpts.

IPRCL recently marked its 10th anniversary in operation. How has the company evolved in its specialised domain of port rail infrastructure and ropeways?
IPRCL was established as Indian Port Rail Corp. in 2015 to address the critical need for last-mile connectivity between ports and national transport networks. The company was formed with equity participation from 11 major ports and RVNL (Rail Vikas Nigam), which holds a 10 per cent stake, under the Ministry of Ports, Shipping and Waterways...

Ever since its establishment a decade ago, Indian Port Rail & Ropeway Corp. (IPRCL) has been actively engaged in improving port rail and ropeway infrastructure across the country. Now, with an eye on emerging opportunities, the company is expanding into new areas, including inland waterways, port digitalisation, building construction, investment facilitation and overseas projects, shares Manoj Kumar Semwal, Managing Director, in an exclusive interaction with CW. A company owned by the Ministry of Ports, Shipping and Waterways, IPRCL also looks forward to delivering the initial phase of the ambitious National Maritime Heritage Complex by year-end. Edited excerpts.IPRCL recently marked its 10th anniversary in operation. How has the company evolved in its specialised domain of port rail infrastructure and ropeways?IPRCL was established as Indian Port Rail Corp. in 2015 to address the critical need for last-mile connectivity between ports and national transport networks. The company was formed with equity participation from 11 major ports and RVNL (Rail Vikas Nigam), which holds a 10 per cent stake, under the Ministry of Ports, Shipping and Waterways...To read the full Interview Click Here

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Real Estate

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement