Latest news with #IndiaSteel-25
Hans India
26-04-2025
- Business
- Hans India
Minister seeks Centre's backing to boost logistics infrastructure
Bengaluru: Karnataka Minister M B Patil on Friday emphasised the urgent need to reduce steel logistics costs from the current 14 per cent of GDP to a more competitive 8 per cent. Seeking Centre's support to boost logistics infrastructure in Karnataka, he highlighted the state's proactive steps in promoting cluster-based development, integrated industrial corridors, and high-quality logistics infrastructure to support the steel sector and broader industrial growth. Addressing a Round Table discussion titled 'Focusing on the Steel Sector in the State of Karnataka' during the 6th edition of India Steel-25—an International Conference-cum-Exhibition organised by the Ministry of Steel at the Bombay Exhibition Center—Patil noted that Karnataka's iron ore-rich regions of Ballari, Chitradurga, and Sandur form a critical backbone of India's metallurgical economy. According to Karnataka's Large and Medium Industries Minister, the state contributes nearly 15 per cent to the country's steel output and hosts major industry players like JSW Steel in Ballari, Kalyani Steels, Kirloskar Ferrous, and the Baldota Group. Patil urged the central government to support the strengthening of Karnataka's industrial infrastructure across various transport modes. He sought assistance in developing seaports and industrial clusters with essential infrastructure such as transport networks and truck terminals. The Minister underlined that Karnataka is progressing with its logistics development plans. The proposed Hubballi-Ankola railway line and ongoing upgrades to National Highways will significantly improve connectivity to the hinterlands, Patil said in a statement issued by his office. He also highlighted the Multi-Modal Logistics Park in Bengaluru, which will facilitate seamless multimodal movement of bulk goods. Additionally, the growing steel export capacity at the New Mangaluru Port is critical for both domestic supply chains and global trade. He pointed to the strategic importance of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Bengaluru-Mumbai Economic Corridor (BMEC), which are enhancing industrial connectivity between southern and western India by linking key hubs to major ports and reducing logistics time. The Karnataka government, he affirmed, is committed to building a digitally empowered, multimodal, and sustainable logistics ecosystem for the steel sector—one that reduces costs, boosts exports, and improves ease of doing business.
Hindustan Times
25-04-2025
- Business
- Hindustan Times
Karnataka Minister MB Patil seeks Centre's backing to boost logistics infrastructure in state
Karnataka Minister M B Patil on Friday emphasised the urgent need to reduce steel logistics costs from the current 14 per cent of GDP to a more competitive 8 per cent. Seeking Centre's support to boost logistics infrastructure in Karnataka, he highlighted the state's proactive steps in promoting cluster-based development, integrated industrial corridors, and high-quality logistics infrastructure to support the steel sector and broader industrial growth. Also Read - Anirudh Ravichander defers Bengaluru concert ticket sales after Pahalgam terror attack Addressing a Round Table discussion titled 'Focusing on the Steel Sector in the State of Karnataka' during the 6th edition of India Steel-25—an International Conference-cum-Exhibition organised by the Ministry of Steel at the Bombay Exhibition Center—Patil noted that Karnataka's iron ore-rich regions of Ballari, Chitradurga, and Sandur form a critical backbone of India's metallurgical economy. According to Karnataka's Large and Medium Industries Minister, the state contributes nearly 15 per cent to the country's steel output and hosts major industry players like JSW Steel in Ballari, Kalyani Steels, Kirloskar Ferrous, and the Baldota Group. Also Read - Amit Shah calls all CMs, asks them to identify Pakistanis in India Patil urged the central government to support the strengthening of Karnataka's industrial infrastructure across various transport modes. He sought assistance in developing seaports and industrial clusters with essential infrastructure such as transport networks and truck terminals. The Minister underlined that Karnataka is progressing with its logistics development plans. The proposed Hubballi-Ankola railway line and ongoing upgrades to National Highways will significantly improve connectivity to the hinterlands, Patil said in a statement issued by his office. He also highlighted the Multi-Modal Logistics Park in Bengaluru, which will facilitate seamless multimodal movement of bulk goods. Additionally, the growing steel export capacity at the New Mangaluru Port is critical for both domestic supply chains and global trade. He pointed to the strategic importance of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Bengaluru-Mumbai Economic Corridor (BMEC), which are enhancing industrial connectivity between southern and western India by linking key hubs to major ports and reducing logistics time. The Karnataka government, he affirmed, is committed to building a digitally empowered, multimodal, and sustainable logistics ecosystem for the steel sector—one that reduces costs, boosts exports, and improves ease of doing business. "To realise this vision, the state is focusing on completing dedicated freight corridors, modernising ports, promoting inland waterways, and developing cluster-based logistics infrastructure," he stated. Strengthening public-private partnerships, streamlining approvals through single-window clearance systems, and expanding digital logistics platforms will also play a key role in shaping a future-ready logistics framework, Patil added.
Time of India
25-04-2025
- Business
- Time of India
Karnataka's industries minister calls for efforts to cut steel logistics costs
Karnataka's industries minister MB Patil has called for the urgent need to reduce steel logistics costs from the current 14% of GDP to a more competitive 8%. #Pahalgam Terrorist Attack India pulled the plug on IWT when Pakistanis are fighting over water Pakistan alleges terror charge on India in its statement What makes this India-Pakistan standoff more dangerous than past ones Speaking at a discussion titled 'Focussing on the Steel Sector in the State of Karnataka' during the 6th edition of India Steel-25 — an International Conference-cum-Exhibition organised by the Ministry of Steel at the Bombay Exhibition Center, Patil said Karnataka's iron ore-rich regions of Ballari, Chitradurga, and Sandur form a critical backbone of India's metallurgical economy. The southern state contributes nearly 15% to the country's steel output and hosts major industry players like JSW Steel in Ballari, Kalyani Steels , Kirloskar Ferrous , and the Baldota Group, he said. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Patil urged the Union Government to extend its support towards strengthening Karnataka's industrial infrastructure across various modes of transport. He sought assistance in the development of seaports and industrial clusters equipped with essential infrastructure such as transport networks and truck terminals. He underlined that Karnataka is progressing in the right direction with its logistics development plans. The proposed Hubballi-Ankola railway line and the ongoing upgrades to National Highways will significantly improve connectivity to the hinterlands, he said. Live Events The Minister also pointed out that the Multi-Modal Logistics Park in Bengaluru will facilitate seamless multimodal movement of bulk goods. Additionally, the growing steel export capacity at the New Mangaluru Port is proving critical for both domestic supply chains and global trade. He also highlighted the strategic importance of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Bengaluru-Mumbai Economic Corridor (BMEC), which are enhancing industrial connectivity between southern and western India by linking key hubs to major ports and reducing logistics time. The Karnataka government, he said, was committed to building a digitally empowered, multimodal, and sustainable logistics ecosystem for the steel sector — one that reduces costs, boosts exports, and improves ease of doing business. To realise this vision, the state is focusing on completing dedicated freight corridors, modernising ports, promoting inland waterways, and developing cluster-based logistics infrastructure. Strengthening public-private partnerships, streamlining approvals through single-window clearance systems, and expanding digital logistics platforms will also play a key role in shaping a future-ready logistics framework, he said.
Hans India
25-04-2025
- Business
- Hans India
MB Patil Seeks Centre's Backing to Boost Logistics Infrastructure in Karnataka
Mumbai: Emphasising the urgent need to reduce steel logistics costs from the current 14% of GDP to a more competitive 8%, Karnataka's Minister for Large and Medium Industries, MB Patil, on Friday highlighted the state's proactive steps in promoting cluster-based development, integrated industrial corridors, and high-quality logistics infrastructure to support the steel sector and broader industrial growth. Addressing a Round Table discussion titled 'Focussing on the Steel Sector in the State of Karnataka' during the 6th edition of India Steel-25 — an International Conference-cum-Exhibition organised by the Ministry of Steel at the Bombay Exhibition Center — Patil noted that Karnataka's iron ore-rich regions of Ballari, Chitradurga, and Sandur form a critical backbone of India's metallurgical economy. The state contributes nearly 15% to the country's steel output and hosts major industry players like JSW Steel in Ballari, Kalyani Steels, Kirloskar Ferrous, and the Baldota Group. Patil urged the Central Government to extend its support towards strengthening Karnataka's industrial infrastructure across various modes of transport. He sought assistance in the development of sea ports and industrial clusters equipped with essential infrastructure such as transport networks and truck terminals. He underlined that Karnataka is progressing in the right direction with its logistics development plans. The proposed Hubballi-Ankola railway line and the ongoing upgrades to National Highways will significantly improve connectivity to the hinterlands, he said. The Minister also pointed out that the Multi-Modal Logistics Park in Bengaluru will facilitate seamless multimodal movement of bulk goods. Additionally, the growing steel export capacity at the New Mangaluru Port is proving critical for both domestic supply chains and global trade. He also highlighted the strategic importance of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Bengaluru-Mumbai Economic Corridor (BMEC), which are enhancing industrial connectivity between southern and western India by linking key hubs to major ports and reducing logistics time. The Karnataka government, he affirmed, is committed to building a digitally empowered, multimodal, and sustainable logistics ecosystem for the steel sector — one that reduces costs, boosts exports, and improves ease of doing business. To realise this vision, the state is focusing on completing dedicated freight corridors, modernising ports, promoting inland waterways, and developing cluster-based logistics infrastructure. Strengthening public-private partnerships, streamlining approvals through single-window clearance systems, and expanding digital logistics platforms will also play a key role in shaping a future-ready logistics framework, Patil said. Ashwini Vaishnaw, Minister for Railways, was also present in the discussion.
