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Time of India
4 days ago
- Business
- Time of India
Info on vacant lands in Kolkata port to be available from Aug 15
Kolkata: Rathendra Raman, chairman of Syama Prasad Mookerjee Port, said information regarding vacant port lands would be available on its website from Aug 15. Addressing the Merchants' Chamber of Commerce & Industry (MCCI) on Friday, Raman said, "The vacant land information system would be launched from Aug 15. However, it cannot be used for residential purposes." "Detention time for vessels has come down with the introduction of night navigation from Aug," he said, adding that four more mobile harbour cranes will soon be operational, in addition to the existing four. "It will be easier to handle the cargo, and thus ships will spend less time in the ports. A floating crane to handle dry bulk cargo is coming up in the deep sea at Sagar Island," Raman said. Raman said the Kolkata port would host river cruises soon, and there were also plans for major beautification projects in some of the ghats of the city. He said the Balagarh project of Kolkata Port would decongest the Kolkata dock system and boost trade with a new facility on Balagarh Island, about 85 km upstream, to handle container and bulk cargo. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
News18
4 days ago
- Business
- News18
Kolkata Port aims to reduce turnaround time of ships, modernise infrastructure
Kolkata, Aug 8 (PTI) In a bid to improve efficiency, the Syama Prasad Mookerjee Port (SMP), Kolkata, is set to significantly reduce vessel turnaround time to lower costs, with the deployment of new mobile harbour cranes and advanced traffic systems, its Chairman Rathendra Raman said on Friday. Speaking at a session organised by the Merchants' Chamber of Commerce & Industry (MCCI) here, Raman said turnaround time at the Kolkata Port – currently averaging five days – is expected to improve to four days within the next six to 12 months. 'A total of eight mobile harbour cranes are being inducted at the port. These will substantially reduce the time vessels spend at berth and improve operational productivity," he said. The Kolkata Port has also initiated night navigation, allowing vessels to enter and exit after sunset, thereby reducing detention time. 'We are also adding floating cranes at Sagar Island for dry bulk handling in deep sea, which will allow larger vessels to offload cargo efficiently," Raman said. The riverine nature of the port, coupled with its location within the city, poses ongoing challenges for draft availability and evacuation. However, Raman noted that dredging is underway to improve draft levels at both Kolkata and Haldia ports. The Kolkata Port currently has a capacity of 87.5 million tonnes, and an additional 30 million tonnes is being added through infrastructure upgrades. Highlighting infrastructure modernisation, he said lock gates are being developed at both Kolkata and Haldia ports, allowing ships to wait outside the lock system and reducing congestion. On warehousing, Raman said the Waterfront Warehouse Project – integrated with the Sagarmala Project – follows a landlord model where the government builds the infrastructure and private operators manage the facilities. This is expected to enhance logistics efficiency and regional connectivity. The port is also advancing the Balagarh Project, which involves developing a new facility about 85-km upstream to decongest the existing Kolkata Dock System. PTI BSM RBT view comments First Published: August 08, 2025, 20:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
03-07-2025
- Business
- Time of India
State looks at pvt players to boost goat meat export
Kolkata: The state animal resources development department is looking at investment from private players for processing meat of Black Bengal goat and boost its export in global markets. Tired of too many ads? go ad free now State animal resources development (ARD) minister Swapan Debnath on Thursday asked stakeholders in the meat industry to invest in development of processing units to promote Black Bengal goat in international markets. He was speaking at a business conclave on animal husbandries and fisheries organised by Merchants' Chamber of Commerce. Special secretary in the ARD department Abhijit Shevale said in Purulia's Jhalda, about 300 farmers, mostly women, are farming Black Bengal goats that have a huge potential for export. Debnath said: "The Black Bengal goat's meat has huge potential and we request the private sector to harvest it in other parts of the state. They can invest in the processing of this goat meat and help rural farmers with a global platform." In Bengal, the total sale of meat, especially of chicken and mutton, has increased from Rs 34 crore to Rs 106 crore over last year. The ARD department has also included pig meat recently through a Broiler Integrated Project taken up three years ago. West Bengal Livestock Development Corporation Ltd (WBLDCL) witnessed a turnover of Rs 1,600 crore last year. Utpal Kumar Karmakar, MD of WBLDCL, said: "We are giving the piglets to marginal farmers, especially women, for harvesting pig meat. We have started exporting pig meat from Alipurduar, Siliguri and Jalpaiguri to countries like Bhutan, Bahrain, Qatar through private players." Bengal has also started supplying fish like prawns, rohu and catla to Bihar, Jharkhand and Odisha, according to fisheries minister Biplab Roy Chowdhury. "In one year, we would be able to reduce our dependence on Andhra Pradesh for fish supply," he said.
Mint
25-06-2025
- Business
- Mint
‘Great economies are not built in calm waters': Piyush Goyal says, ‘India to become third largest economy by 2027'
Union Minister of Commerce and Industry Piyush Goyal said that India is on course to become the world's third-largest economy by 2027 and is expected to reach a USD 5 trillion GDP within the next three years. He further noted that the country is making steady progress toward this economic milestone. Goyal said this while speaking at a webinar hosted by the Merchants' Chamber of Commerce & Industry (MCCI) on 'India's March Towards a $5 Trillion Economy: Navigating Global Challenges' on Tuesday. 'By 2027, we hope to become the third largest economy in the world,' he said. He added that all stakeholders, the government, business community, industry, trade, and 140 crore Indians, align deeply with the Prime Minister's vision for Viksit Bharat 2047. The Minister noted that India has successfully defended its interests wherever issues are sensitive and secured benefits in sectors where Indian industry has a comparative advantage and can compete fairly with the world. "History reminds us that great economies are not built in calm waters. Great economies are built in turbulent seas," Goyal emphasised, adding that this is India's time to seize the moment and that the opportunity must not be missed. On India's economic strength, Goyal stated that the country has moved from being part of the fragile five to becoming one of the top five economies in the world. "We have a strong macroeconomic foundation. Our banking system is strong and robust, with a high ability to lend. Our inflation is among the lowest India has ever seen -- down to 3 per cent again," he said.
NDTV
25-06-2025
- Business
- NDTV
India On Track To Become $5 Trillion Economy By 2027: Piyush Goyal
New Delhi: India is well on track to achieve a $5 trillion economy and the expectation is to reach this milestone within the next three years, Commerce and Industry Minister Piyush Goyal has stressed. By 2027, "we hope to become the third largest economy in the world," he said, adding that all stakeholders - government, business community, industry, trade, and 140 crore Indians - are deeply aligned with the Prime Minister's vision for 'Viksit Bharat 2047'. The minister stated that the government, under Prime Minister Narendra Modi, has focused on quantum change, not incremental progress and it focused not only on growth, but on inclusive, sustainable and honest growth. He was speaking at a webinar hosted by the Merchants' Chamber of Commerce and Industry (MCCI) on 'India's March Towards a $5 Trillion Economy: Navigating Global Challenges'. On India's economic strength, Mr. Goyal stated that the country has moved from being part of the fragile five to becoming one of the top five economies in the world. "We have a strong macroeconomic foundation. Our banking system is strong and robust, with high ability to lend. Our inflation is among the lowest India has ever seen - down to 3 per cent again," he said. The minister further said that the government has focused on achieving growth that is calibrated for the Indian story and that believes in 'Seva, Sushasan and Navachar; - Service, Good Governance and Innovation. He highlighted that MCCI will continue to play a very important role during Amrit Kaal in achieving this goal. Such dialogues help the government better understand what needs to be done to support industries, even in the face of global volatility, turbulence, and uncertainty. "History reminds us that great economies are not built in calm waters. Great economies are built in turbulent seas," Mr. Goyal emphasised, adding that this is India's time to seize the moment and that the opportunity must not be missed. He praised MCCI's 124-year journey, calling it a bridge between the government, stakeholders, and industries. "MCCI can be called as Mobilizing Commerce and Connecting Industries, because that is exactly what MCCI does," Mr. Goyal added.
