Adani Logistics to shut down its inland container depot in Ludhiana

02 Aug 2021 CW Team

Adani Logistics Limited will close operations at its rail-linked inland container depot (ICD) at Kilaraipur, Ludhiana, after a seven months blockade by protestors over the centre's farm bill rendered the facility idle, imposing big losses to the company.

Since January, the protestors have blocked the main gate of the ICD by tractor trolley to hinder the movement of people and goods hence halting operations at the facility.

The multi-modal logistics park was opened in 2017, which spread across 80 acres to cater to the industries in and around Ludhiana to offer import and export services of cargo by road and rail.

According to the sources, as a part of shutting down of ICD at Kilaraipur, Adani has removed its signage from ICD's main gate and issued a termination notice to its employees.

The closing of the ICD will impact the employment of nearly 400 people directly or indirectly. It will also impact the loss of exchequer by railway haulage, Goods and Services Tax (GST), customs duty, taxes of about Rs 700 crore, and the economy of over Rs 7,000 crore.

After the police complaints failed to remove the blockade, Adani Group wrote to the Punjab and Haryana High Court in March to secure its fundamental rights to carry on with its business.

The state authorities had only filed the reports before the court and failed to remove the blockade.

Image Source

Also read: Flyjac Logistics acquires 22.3 acre land parcel from Lodha Group

Also read: Avigna Group hands over its first 1 million sq ft of warehousing space

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..