Latest news with #AdaniPorts
Indian Express
16-07-2025
- Business
- Indian Express
Vadhavan Port will be a game changer; it will connect to 24 districts through Samruddhi Mahamarg: CM
The Vadhavan Port will be a game changer as it will connect 24 districts through Samruddhi Mahamarg, Chief Minister Devendra Fadnavis said on Wednesday. The CM made these observations after inaugurating the Maharashtra Maritime Summit held in Mumbai to discuss and debate ideas to further strengthen the state's maritime sector. The summit began with Nitesh Rane, Minister for Ports and Fisheries, outlining his vision and roadmap for developing the state's ports, equipping the youth with necessary skills to qualify for jobs that will be created with this development. 'The formation of the Maritime Acceleration Task Force will help take forward the various initiatives, ' Rane said. Earlier, Fadnavis explained the benefits that infrastructure developed, and the upcoming Vadhavan Port will bring to Maharashtra. 'The Vadhavan Port, when ready, will be connected to 24 districts of the state via the Samruddhi highway and various access roads. The port will also have an offshore airport to accelerate the movement of cargo,' he said. The various panels, with experts from the maritime business, debated the benefits of bringing ship building and ship breaking industries to Maharashtra, the state's maritime policy and the future of water transport using the waterways. The panelists discussed the potential that Maharashtra holds with Indian shipbuilders looking outside the country for collaboration in technology and foreign companies looking for opportunities in India. Panelists included representatives from leading players in the business–Adani Ports, Damen Shipyards, Haskoning, Thyssenkrup Marines Systems, JSW Infra, DP World, Rural Enhancers Group, Indigo Seaways and Candela. Diplomats of various countries attended the summit, showcasing the international interest in forging business ties with Maharashtra. The political leaders reiterated Maharashtra 's commitment to developing the maritime sector. While Minister Rane urged various stakeholders to collaborate, Chief Minister Fadnavis assured the speakers that their deliberations would be seriously considered in the state's maritime policies.
Time of India
14-07-2025
- Business
- Time of India
Cos in talks with Adani Ports to move cargo through road
T'puram: Around 10 companies are in discussion with Adani Ports to move their cargo by road when EXIM (export-import) cargo operations begin at Vizhinjam International Port by the end of the year. This will give many companies a direct link to Europe because they currently depend on feeder ships handling their import and export containers through Colombo or Vizhinjam. The companies are in the fields of apparel, retail, automotive and other manufacturing sectors. A port official said, "These are only discussions that are happening because the port is ready for exim operations when road connectivity is established." He mentioned that work is underway to create the road connectivity by providing a connection to the highway. "This is expected to be completed in three to four months. Once this is ready, trucks will be able to move containers brought by mother ships to different parts of the country," the official said. This development saves time and cost for companies that import or export components, chemicals, and raw materials between India and Europe or China. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dukung Orang Terkasih Menghadapi Limfoma: Mulai Di Sini Limfoma Pelajari Undo It is estimated that importers can reduce the time taken to receive a consignment to 25 days or less compared to the 40-50 days if routed via Colombo or Vizhinjam to other ports along the eastern and western coasts using feeder ships. The consignments will then have to be moved by road from these ports to the factories. The industrial clusters in the southern states are looking forward to EXIM cargo operations to begin. The road connectivity may be ready in three months. The port expects that 10 to 20% of its containers can be EXIM in three years. The rail connectivity will take three years, so it will take some time for EXIM to become full-fledged. Vizhinjam Port, which completed a year since the first container ship San Fernando arrived on July 11, 2024, has so far handled 392 ships, including 23 ultra-large ships, and has handled 8.30 lakh containers. The port has a capacity to handle 10 lakh containers in a year and will have capacity to handle 62 lakh containers when subsequent phases are completed. The second phase expansion work is expected to start in the coming months.
The Hindu
13-07-2025
- Business
- The Hindu
Adani Ports to join hands with Kolkata Port Trust to restore Kumartuli ghat in Kolkata
Kolkata Port Trust has joined hands with the Adani Ports to restore the historic Kumartuli ghat — a culturally significant site for city's history on the banks of Hooghly River — in the northern parts of Kolkata. The Kolkata Port Trust or Syama Prasad Mookerjee Port, Kolkata (SMPK) signed a Memorandum of Understanding (MoU) with Adani Ports and Special Economic Zone Ltd. (APSEZ) on Friday (July 11, 2025) for the redevelopment, restoration, and beautification of the Kumartuli ghat. Speaking on the occasion, Rathendra Raman, Chairman of SMP Kolkata, said, 'Kumartuli Ghat is not just a site—it is a living legacy of Bengal's artistic soul. Through this partnership with Adani Ports, we are not only restoring a physical structure but also reviving a space deeply woven into Kolkata's cultural fabric.' This initiative comes as a part of the SMPK's Swachhata drive to help restore one of the oldest iconic ghats on the banks of river Hooghly, which is also the residence of the Durga idol artisans of Kolkata who reside beside the Kumartuli ghats for generations. 'Taking responsibility to renovate such a heritage ghat like Kumartuli, which is sentimentally very much linked to Kolkata, is definitely an honour for APSEZ Ltd.,' Subrat Tripathy, President, Business Development, APSEZ Ltd., said. The restoration work aims to preserve the heritage architecture of the ghat and to make it cleaner and safer for the residents of the area and also attract tourists to focus on the iconic waterfronts of the city. There are 39 ghats in the banks of Hooghly River, along with the Kumartuli ghat, the port authorities also plan to restore 4 more ghats in the area. 'Chotelal ghat, Mayer ghat, Telkal ghat, and Nimtala Immersion ghat are also next in line for restoration in the upcoming days. Kolkata Municipal Corporation, police, and all other stakeholders are involved in the restoration process,' official sources at the Kolkata Port Trust told The Hindu.
New Indian Express
13-07-2025
- Business
- New Indian Express
Kolkata Diary: Civic body mulls tourist centre at city wetlands
Heritage-rich city ghat set for restoration The Syama Prasad Mookerjee Port, Kolkata has entered an agreement with Adani Ports for redevelopment, restoration, and beautification of the historic Kumartuli Ghat in 'North Calcutta' — the ancient city. The agreement marks a significant move to rejuvenate a heritage-rich location along the Hooghly River. As part of the MoU, the Kumartuli Ghat — known for its legacy of traditional idol-making — will undergo heritage-compliant redevelopment and beautification, with due regard to environmental sustainability and cultural sensitivity. 'We are not merely restoring a physical structure but a space deeply woven into Kolkata's cultural fabric,' SMPK chairman Rathendra Raman said. Civic body mulls tourist centre at city wetlands The Kolkata Municipal Corporation (KMC) plans to develop a state-of-the-art tourist centre around the East Kolkata Wetlands, a Ramsar site i.e. protected for its ecological significance and biodiversity. Municipal & Urban Development minister and Kolkata mayor Firhad Hakim said the area will be made into a tourist attraction by protecting the natural beauty and biodiversity of the East Kolkata wetlands. The KMC has already sent a proposal to the state government in this regard. Neglected for long, the KMC finally plans to revive the ecologically-significant zones in the city, bringing houseboats, setting up restaurants and other activities for tourists. State govt to host business conclave The West Bengal government is set to host a business and industrial summit during the last quarter of this calendar year. Recently, Chief Minister Mamata Banerjee chaired a meeting at State headquarters Nabanna, to take stock of the investment proposals and decided to host the conclave. Chief Minister's Principal Chief Advisor Amit Mitra said core sectors like steel, leather, apparel and hosiery, gems and jewellery, food, food processing and associated industries, and pharma and medical equipment sectors will be prioritised in the conclave. Moreover, the summit will also focus on boosting cultural and historical tourism in Bengal, the officer said. Kaushik Pradhan Our correspondent in West Bengal kaushik@
Time of India
12-07-2025
- Business
- Time of India
Adani Ports among top contenders for Logistics Park project, Infra News, ET Infra
Advt Advt Three companies, including Adani Ports , have submitted proposals to develop a 174-acre multimodal logistics park in Greater Noida 's Kappa-2. The project, launched by GNIDA on May 23, aims to attract over ₹ 1,200 crore in investment, create more than 5,000 jobs, and streamline freight movement for industries in the addition to Adani Ports and Special Economic Zone Ltd , Super Handlers and Empezar Logistics have also applied for the project, officials park is set to come up next to the Concor-operated dry port, which handles container storage and processing, and will feature an intermodal container terminal for cargo transport via road, rail, and air, leveraging its proximity to the upcoming Noida International Airport in Jewar. The facility will include container terminals, cargo yards, cold storage warehouses, and mechanised systems for handling bulk and break-bulk to officials, the park is positioned to connect the Eastern and Western Dedicated Freight Corridors, and will transform Noida into an integrated cargo hub with seamless air, rail, and road the allotment scheme, developers were required to propose a minimum investment of ₹1,200 crore, excluding the estimated ₹800 crore land cost, and show at least 10 years of experience operating container depots or rail terminals. The project aligns with the state's Multi-Modal Logistics Park Policy, 2024, which offers incentives to eligible investors, officials Thursday, UP chief secretary, and chairman of Noida and Greater Noida Authorities, Manoj Kumar Singh, reviewed the project during a visit to Greater Noida. Singh led a presentation session where the three companies showcased their plans, technical expertise, and investment strategies, attended by senior officials, including CEOs of the authorities."The logistics park scheme, with applications closed on June 23, aims to enhance regional logistics infrastructure by integrating multiple transport modes. It is expected to boost supply chain efficiency , reduce logistics costs for industries in western Uttar Pradesh, and create thousands of job opportunities for local youth," the chief secretary the meeting, an official said that a high-level committee, chaired by Singh, will finalise the developer selection. "Once operational, the park will serve as a vital node for industrial clusters in Greater Noida and nearby areas, strengthening UP's position as a manufacturing and logistics hub," the official a ₹ 8,325 crore Multi-Modal Logistics Hub , spanning 825 acres in Dadri, is under development as part of the Delhi-Mumbai Industrial Corridor (DMIC) Integrated Industrial Township in Greater Noida. Its construction is expected to begin in April 2026.
