India and South Korea Forge Strategic Alliance to Boost Logistics

13 Feb 2025 CW Team

The Department for Promotion of Industry and Internal Trade (DPIIT) and the Korea Transport Institute (KoTI) formalised a strategic partnership to strengthen logistics infrastructure under PM GatiShakti. The MoU was signed on February 10 at the Sejong National Research Complex in South Korea, with Youngchan Kim, President of KoTI, and Amit Kumar, India’s Ambassador to South Korea, marking a new chapter in bilateral cooperation.

Key Objectives & Strategic Importance

Knowledge Sharing & Institutional Cooperation: Establishing a robust framework for cross-learning between DPIIT’s Logistics Division and KoTI.
Infrastructure Master Planning: Supporting the development of comprehensive logistics and infrastructure strategies under PM GatiShakti.
Technology & Innovation: Leveraging KoTI’s expertise in GIS-based planning, multimodal connectivity, and smart logistics solutions.

Elevating India’s Global Infrastructure Leadership

This strategic alliance marks a major milestone in bilateral ties, reinforcing India’s commitment to logistics modernisation and infrastructure innovation. The Ministry of Commerce and Industry hailed the initiative as a step towards positioning India as a global leader in smart logistics and sustainable infrastructure development.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..