TVS ILP Invests Rs 1.25 Bn in State-of-the-Art Warehousing Park in Goa

01 Feb 2024 CW Team

TVS Industrial Logistics Park (ILP) has entered into a Memorandum of Understanding (MOU) with the Goa Investment Promotion Board (IPB) to establish a state-of-the-art warehousing park in Goa. The collaboration marks a significant investment commitment of Rs 1.25 billion towards the development of a modern and efficient warehousing facility.

This strategic partnership aims to enhance logistics infrastructure in Goa, catering to the growing demand for advanced storage and distribution solutions. The MOU outlines the commitment of TVS ILP and Goa IPB to create a robust ecosystem that aligns with the state's economic and industrial objectives.

The proposed warehousing park is expected to feature cutting-edge technologies and adhere to international standards, positioning it as a key player in the region's logistics landscape. The investment reinforces TVS ILP's dedication to fostering economic development in Goa while meeting the evolving needs of the logistics industry.

The collaboration between TVS ILP and Goa IPB signifies a proactive approach towards bolstering logistics capabilities, supporting local businesses, and contributing to Goa's overall economic growth. This venture is anticipated to play a pivotal role in transforming Goa into a logistics hub with a focus on efficiency, sustainability, and innovation.

Infrastructure Urban

06 Apr 2026

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..

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..

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..