Government Launches Inland Waterways Rejuvenation Plan

29 Mar 2025 CW Team

Between 2014-15 and 2023-24, the Government of India has invested approximately Rs 64.34 billion towards the development of National Waterways (NWs) across the country. This initiative is part of a broader effort to strengthen Inland Water Transport (IWT) infrastructure and promote it as a cost-effective, safe, and environmentally sustainable mode of transportation.

Under the National Waterways Act, 2016, a total of 111 waterways were declared as National Waterways. Since then, there has been a significant increase in cargo and passenger movement. Cargo movement has risen from 18 million tonnes per annum (MTPA) in 2013-14 to 133 MTPA in 2023-24, while passenger movement has reached 10.61 million in 2023-24.

To meet the future cargo movement targets of 200 million tonnes by 2030 and 500 million tonnes by 2047, the government has laid out comprehensive policy measures and strategies. These include capacity building, improvement of navigation channels, and development of terminals and multi-modal logistics hubs.

Infrastructure development projects on National Waterways are being implemented across several states, including Maharashtra. These projects are designed to enhance regional trade, improve last-mile connectivity, and integrate with other modes of transport for seamless logistics.

Additionally, the revitalisation of inland waterways is expected to contribute to eco-tourism through the promotion of river cruises and houseboats. These efforts align with sustainable development goals by reducing carbon emissions and offering an alternative to road and rail transport.

Overall, the development of inland water transport infrastructure is poised to play a key role in the country’s multi-modal transport framework, contributing to economic growth and environmental sustainability.

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..