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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.
India Gazette
11-07-2025
- Business
- India Gazette
Japan fully committed to India's journey to manufacture semiconductors: Envoy Ono Keiichi
Ahmedabad (Gujarat) [India], July 11 (ANI): Japan's Ambassador to India, Ono Keiichi, visited the Dholera Special Investment Region (SIR) and Tata Electronics facility with more than 60 Japanese business representatives and said Tokyo is fully committed to India's journey to manufacture semiconductors. 'I visited Dholera SIR(@DholeraOfficial) and @TataElectronics with more than 60 Japanese business representatives. Japan is fully committed to India's journey to manufacture semiconductor in India!' the envoy said in a post on X. Ono Keiichi led a high-level delegation of leading Japanese companies on a visit to Dholera Special Investment Region, India's greenfield smart industrial city under the Delhi-Mumbai Industrial Corridor (DMIC). The visit marked a significant milestone in advancing industrial cooperation between India and Japan, built on shared values of innovation, sustainability and inclusive development. The two-day engagement began on Wednesday with a conference session in Ahmedabad, followed by a site visit to Dholera Special Investment Region (SIR) on Thursday. The session held on Wednesday featured opening remarks by Resident Executive Officer & Regional Head for Asia Pacific, Japan Bank for International Cooperation (JBIC) Kazuko Sakuma and Chief Representative, JETRO Ahmedabad Yu Yoshida. Mona K. Khandhar, Principal Secretary, Department of Science and Technology, Government of Gujarat, also addressed the gathering Delivering the keynote address, CEO & MD, National Industrial Corridor Development Corporation (NICDC), Rajat Kumar Saini, underscored the deepening strategic partnership between India and Japan. He noted that the Delhi-Mumbai Industrial Corridor (DMIC), inspired by Japan's Tokyo-Osaka corridor, continues to benefit from Japanese collaboration and investment, a Commerce and Industry release said. The session showcased presentations on India's evolving industrial ecosystem and the emergence of Dholera as a hub for advanced manufacturing. A special address by Ambassador Ono Keiichi concluded the session, in which he appreciated India's vision for semiconductors and smart cities, and reaffirmed Japan's continued support for India's economic transformation. The Japanese delegation undertook an on-site tour of the city's planned infrastructure and facilities, accompanied by officials from Dholera Industrial City Development Ltd. (DICDL) and the National Industrial Corridor Development Corporation (NICDC). Ono Keiichi, accompanied by Japan's Minister of Economic and Development Affairs, Koyoko Hokugo, also paid a courtesy visit to Gujarat's Chief Minister Bhupendra Patel in Gandhinagar on Friday. A Gujarat government release said that during his three-day visit to Gujarat, which included Dholera SIR and meetings with 150 top industrialists in Ahmedabad, the Ambassador highlighted Japan's intent to deepen ties with the state. He also appreciated the State Government's support for over 350 Japanese companies operating in the state. Bhupendra Patel stated that Gujarat is like a second home for Japan, offering a supportive environment with Japanese townships, restaurants, and industries. (ANI)
India Gazette
10-07-2025
- Business
- India Gazette
Gujarat: Japanese Ambassador leads high-level delegation to Dholera Special Investment Region
Dholera (Gujarat) [India], July 10 (ANI): The Ambassador of Japan to India, Keiichi Ono, led a high-level delegation of leading Japanese companies on an official visit to Dholera Special Investment Region (Dholera SIR), India's greenfield smart industrial city under the Delhi-Mumbai Industrial Corridor (DMIC), an official statement from the Ministry of Commerce & Industry noted. Notably, the visit marked a significant milestone in advancing industrial cooperation between India and Japan, built on shared values of innovation, sustainability and inclusive development. The two-day engagement began on Wednesday with a conference session in Ahmedabad, followed by a site visit to Dholera Special Investment Region (SIR) on Thursday. The session held on Wednesday featured opening remarks by Resident Executive Officer & Regional Head for Asia Pacific, Japan Bank for International Cooperation (JBIC) Kazuko Sakuma and Chief Representative, JETRO Ahmedabad Yu Yoshida. Mona K. Khandhar, Principal Secretary, Department of Science and Technology, Government of Gujarat, also addressed the gathering. Delivering the keynote address, CEO & MD, National Industrial Corridor Development Corporation (NICDC), Rajat Kumar Saini, underscored the deepening strategic partnership between India and Japan. He noted that the Delhi-Mumbai Industrial Corridor (DMIC), inspired by Japan's Tokyo-Osaka corridor, continues to benefit from Japanese collaboration and investment, the official statement said. The session showcased presentations on India's evolving industrial ecosystem and the emergence of Dholera as a hub for advanced manufacturing. A special address by Ambassador Keiichi Ono concluded the session, in which he appreciated India's vision for semiconductors and smart cities, and reaffirmed Japan's continued support for India's economic transformation. The day concluded with a networking dinner that fostered greater engagement between Indian and Japanese stakeholders. According to the official statement by the Ministry of Commerce and Industry, the Japanese delegation undertook an on-site tour of the city's planned infrastructure and facilities, accompanied by officials from Dholera Industrial City Development Ltd. (DICDL) and the National Industrial Corridor Development Corporation (NICDC). The delegation conducted various site visits, such as those to the Water Treatment Plant, Canal Front Development, Power Substation, the under-construction Tata Electronics semiconductor fabrication plant, and the ABCD Building, which houses the Integrated Command and Control Centre (ICCC) and the Experience Centre. According to the statement, the delegation was briefed on the Tata Electronics semiconductor fabrication facility, being developed in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan. This project, a key component of the Semicon India Programme, forms part of over INR 1.54 lakh crore in semiconductor-related investments underway in Gujarat. The high-level delegation also reviewed Dholera's planned social infrastructure--including a multi-speciality hospital, fire station, integrated school, premium guest house, residential and commercial complexes, and hospitality hubs--designed to make Dholera a fully livable and investor-ready smart city. The Ministry of Commerce and Industry underscored that Dholera represents India's Vision 2047 of becoming a developed, self-reliant, and innovation-driven economy. With multimodal connectivity through the Ahmedabad-Dholera Expressway and the upcoming Greenfield International Airport, plug-and-play industrial zones, real-time governance via ICCC, and robust utility infrastructure, Dholera is envisioned as more than just an industrial base. The official statement highlighted that the visit by the Japanese delegation highlights Dholera's rising global prominence and its potential to serve as India's gateway to advanced manufacturing. As India advances toward its goal of becoming a global economic and technological leader by 2047, Dholera SIR stands as a model of integrated planning, international cooperation, and futuristic infrastructure. (ANI)
Time of India
06-07-2025
- Business
- Time of India
Industries seek swift action for Nashik airport expansion ahead of Kumbh Mela
Nashik: Four months after industries repeatedly urged chief minister Devendra Fadnavis and other ministers to expand the Nashik airport in anticipation of the upcoming Simhastha Kumbh Mela, state govt has not taken concrete steps, raising concerns among the industrial sector. A delegation from the Nashik Industries and Manufacturers' Association (Nima) met NCP MP and party's state president Sunil Tatkare during his recent visit to Nashik. The delegation requested Tatkare to take up the issue with both state and central authorities ahead of the religious conglomerate scheduled between 2026 and 2028. Tatkare held a separate meeting with Nima members to discuss the expansion of the Nashik airport terminal and the inclusion of Nashik in the second phase of the Delhi Mumbai Industrial Corridor (DMIC). Attending the meeting with Tatkare were Nima president Ashish Nahar, vice-president and chairman of the aviation committee Manish Rawal, secretary Rajendra Ahire etc. The delegation also submitted a memorandum to Tatkare regarding the matter. Association members said the airport terminal expansion would take approximately two years; therefore, they stressed on the immediate need to develop proper plans and commence work, considering there are less than two years until the Kumbh Mela. Nima vice-president Rawal said Tatkare assured the delegation he would promptly raise the issue with deputy chief minister Ajit Pawar. Moreover, he committed to meeting the relevant Central cabinet ministers to facilitate the expansion of the airport. "We also requested Tatkare to pursue Centre for the inclusion of Nashik in the second phase of the DMIC. He assured us he would take up the matter with the ministers concerned in Delhi," Rawal said. In Jan 2025, Hindustan Aeronautics Ltd (HAL), which manages the Nashik airport, requested state govt to expand the airport amid a projected increase in passenger numbers during the Simhastha Kumbh Mela. HAL submitted proposals twice in the last four months seeking the expansion of the airport terminal building and an increase in aircraft parking bays from the current five to 15. However, state govt has yet to initiate any action in this direction. Conversely, an industrialist noted during the meeting that state govt is allocating Rs 1,200 crore for the development of Shirdi airport, but has not made any decision regarding the expansion of the Nashik airport. Nashik airport, located at Janori, approximately 20km from Nashik city, was developed jointly by state govt and HAL at a total cost of Rs 94 crore in 2013 and 2014. State govt invested Rs 84 crore, while HAL contributed Rs 10 crore and provided land for the airport's construction. State govt has leased the Nashik airport terminal building to HAL for 30 years at a rate of Rs 1,000 per month. The airport's seating capacity is currently 300 passengers at a time, whereas during the Kumbh Mela, passenger footfall is expected to reach 1,000 per hour. Consequently, industries urge state govt to develop the Nashik airport ahead of the Kumbh.
Time of India
17-05-2025
- Business
- Time of India
Dholera investment regions sees 10-fold jump in land prices over a decade, say developers
Representative image The Dholera Special Investment Region (SIR) in Gujarat, envisioned as a smart industrial city under the Delhi-Mumbai Industrial Corridor (DMIC), has witnessed a tenfold increase in land prices over the past decade, driven by growing investor interest and rapid infrastructure development , according to local developers. 'Prices per square yard across various Town Planning (TP) Schemes in the Dholera region have increased to a high of Rs 7,000 to Rs 10,000,' said Lalit Parihar, Founder and Managing Director of Dholera-based developer Aaiji Group, citing available industry data. In other TP schemes, land prices currently range from Rs 3,000 to Rs 7,000 per square yard, reflecting a tenfold rise over the last 10 years, he added as quoted by PTI. The region's transformation is being accelerated by major infrastructure projects nearing completion, including the Ahmedabad-Dholera Expressway and the upcoming international cargo airport, both expected to be operational in 2025. 'The 109-kilometer expressway is progressing rapidly, and projects like the Bhimnath-Dholera broad-gauge rail line and the Vande Metro will significantly enhance connectivity in the region,' said Ruturajsinh Chudasma, Partner at Dholera-based Infinity Infracon. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo 'With infrastructure now visible on the ground, investor confidence is at an all-time high. The growth in land prices is a reflection of this shift. This data further reinforces Dholera's emergence as a high-potential real estate destination,' Parihar said. Dholera SIR is steadily positioning itself as a major investment hub, already attracting over 100 companies. Among the most significant investments is Tata Electronics ' Rs 91,000 crore semiconductor project, underscoring the region's strategic importance and long-term growth potential. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
