Latest news with #Multi-ModalLogisticsPark
Business Upturn
5 days ago
- Business
- Business Upturn
Steel Exchange India collaborates with VPL, HTPL for logistics infrastructure in Vizag
By Aman Shukla Published on August 6, 2025, 11:53 IST Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), a prominent integrated steel manufacturer in South India, has taken a significant strategic step by entering into a non-binding collaboration with Vizag Profiles Logistics Pvt. Ltd. (VPL) and Hind Terminals Pvt. Ltd. (HTPL). Known for its trusted TMT rebar brand 'SIMHADRI TMT', SEIL is now looking beyond steel production to tap into the rapidly evolving logistics landscape. The company plans to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam, signaling its intent to strengthen its logistics and cargo-handling capabilities. This collaboration is expected to reshape cargo movement across inland and coastal networks in the region. The core objective is to leverage each partner's unique strengths to create a robust and scalable logistics ecosystem. SEIL brings to the table its developing GCT rail siding, which serves as a vital piece of infrastructure for efficient freight handling. VPL adds value with its strong regional logistics network, while HTPL contributes its experience in port-linked cargo operations. Together, these companies aim to transform how steel and general cargo are moved in and out of Visakhapatnam by enabling faster transit and greater flexibility. The proposed partnership will explore operating container trains from the GCT, facilitate coastal shipping through domestic barges and containers, and establish rail-based inland transport for steel and general cargo. A key focus will be the development of end-to-end multimodal logistics services that can cater not only to SEIL's internal needs but also to third-party cargo handlers. This broader vision positions the partnership as a potential game-changer for industrial supply chains in the region. While the agreement is currently non-binding, it lays the groundwork for detailed feasibility studies and potential pilot projects. If successful, it could evolve into a full-scale commercial partnership in the future. For SEIL, the initiative could unlock significant value from its existing and future logistics assets, helping to streamline supply chains and support the long-term growth of its core steel business. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
03-07-2025
- Business
- Business Standard
Noida International Airport to Commence Operations by September 2025; YEIDA's CEO Outlines Region's Future in Exclusive CNC 24 Podcast
NewsVoir Noida (Uttar Pradesh) [India], July 3: In conversation with CNC 24, Dr. Arun Vir Singh, YEIDA's CEO, offered exclusive insights into the upcoming Noida International Airport and the ambitious development plans set to transform the surrounding region. He indicated that the airport, commonly referred to as Jewar Airport, is expected to commence operations by September 2025, following previous delays from earlier deadlines. Dr. Singh shed light on YEIDA's integrated development approach. The airport will be linked by the Yamuna Expressway, Delhi-Mumbai Expressway, and Eastern Peripheral Expressway, along with an approved railway line connecting it to national corridors, marking Indian Railways' first direct involvement in an airport-linked rail project. On the real estate front, the airport is surging the residential demand, with strong interest in YEIDA's plot schemes and group housing projects. Developments like the Multi-Modal Logistics Park, the upcoming Global Film City, Electronics Manufacturing Cluster (EMC 2.0), and Semiconductor Park are drawing significant investment and accelerating industrial and commercial growth, positioning the region as a new economic hub. "With the airport as a catalyst, YEIDA's vision is turning the Jewar region into a future-ready hub for aviation, investment, and smart growth," he said. The coordinated development model adopted by YEIDA aims to create not just an airport city, but a globally competitive urban-industrial zone.
Fashion Value Chain
03-07-2025
- Business
- Fashion Value Chain
Noida International Airport to Commence Operations by September 2025; YEIDA's CEO Outlines Region's Future in Exclusive CNC 24 Podcast
In conversation with CNC 24, Dr. Arun Vir Singh, YEIDA's CEO, offered exclusive insights into the upcoming Noida International Airport and the ambitious development plans set to transform the surrounding region. He indicated that the airport, commonly referred to as Jewar Airport, is expected to commence operations by September 2025, following previous delays from earlier deadlines. Dr. Arun Vir Singh reveals how integrated planning around Jewar Airport fuels housing, logistics, and manufacturing growth Dr. Singh shed light on YEIDA's integrated development approach. The airport will be linked by the Yamuna Expressway, Delhi-Mumbai Expressway, and Eastern Peripheral Expressway, along with an approved railway line connecting it to national corridors, marking Indian Railways first direct involvement in an airport-linked rail project. On the real estate front, the airport is surging the residential demand, with strong interest in YEIDA's plot schemes and group housing projects. Developments like the Multi-Modal Logistics Park, the upcoming Global Film City, Electronics Manufacturing Cluster (EMC 2.0), and Semiconductor Park are drawing significant investment and accelerating industrial and commercial growth, positioning the region as a new economic hub. 'With the airport as a catalyst, YEIDA's vision is turning the Jewar region into a future-ready hub for aviation, investment, and smart growth,' he said. The coordinated development model adopted by YEIDA aims to create not just an airport city, but a globally competitive urban-industrial zone.
Time of India
13-06-2025
- Business
- Time of India
PM GatiShakti Plan: Key Infrastructure Projects Reviewed by Network Planning Group, ET Infra
Advt Metro rail extension to Ahmedabad airport Road corridors and logistics park development NH-248S access road to Vadhavan Port Elevated corridor in Jodhpur Advt Multi-Modal Logistics Park in Hyderabad Multi-Modal Logistics Park in Patna By , ETInfra The 95th meeting of the Network Planning Group (NPG) was held on Thursday to assess five infrastructure proposals related to metro rail, roads, transport and highways, and logistics parks. The review was conducted in line with the objectives of the PM GatiShakti National Master Plan (PMGS NMP), with a focus on multimodal connectivity, intermodal coordination, and last-mile linkages to economic and social projects reviewed included one Metro Rail project, two road projects, and two Multi-Modal Logistics Parks (MMLPs). The proposals were evaluated for their alignment with the principles of integrated infrastructure planning and expected impact on travel time, logistics performance, and regional Ministry of Housing and Urban Affairs (MoHUA) presented plans for a 6.032-km extension of the Ahmedabad Metro Rail to connect Koteshwar Metro Station to Sardar Vallabhbhai Patel International Airport. The extension is expected to support intra-city transit and improve airport connectivity for commuters and planning process involved inputs from multiple stakeholders, including the airport authority, municipal bodies, urban development departments, and transport agencies. The project also aims to strengthen linkages between Ahmedabad and Ministry of Road Transport and Highways (MoRTH) presented four proposalsA plan to build an 8-lane access-controlled highway along NH-248S to connect with the proposed Vadhavan Port in Maharashtra was reviewed. The road is intended to support cargo evacuation for the port, which is being developed to handle up to 23.2 million TEUs in later phases. Key rail and road connections include the Mumbai–Delhi Western Railway Line, the Delhi–Mumbai Expressway, and NH-48.A proposal to construct a 4-lane elevated road (7.633 km) in Jodhpur, running from Mahamandir to Akhaliya Chouraha, was presented. The route aligns with NH-62 and NH-125 and is designed to bypass 28 traffic junctions. Travel time through the corridor is expected to reduce by up to 20 minutes during peak hours.A logistics park covering 315 acres is planned at Parkibanda village in Telangana's Medak district. The facility is projected to handle 1.47 million metric tonnes (MMT) of cargo annually starting 2028, scaling up to 19.98 MMT by 2070. It will provide services including cargo aggregation, modal shift, and customs clearance, and is located near several industrial clusters and railway logistics park is proposed at Jaitiya village in Patna district, Bihar. The site spans over 106 acres and is projected to manage 5.43 MMT of cargo annually by 2071. It is positioned near rail and road corridors and is intended to serve industrial areas and regional freight movement. The site's proximity to Patna Airport, ISBT, and major highways supports integration with domestic and international trade meeting was chaired by Shri Pankaj Kumar, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).
India Gazette
13-06-2025
- Business
- India Gazette
Network Planning Group under PM's Gatishakti evaluates infrastructure projects to boost efficiency
ANI 13 Jun 2025, 14:09 GMT+10 New Delhi [India], June 13 (ANI): The Ministry of Commerce & Industry on Friday at the 95th meeting of the Network Planning Group (NPG) convened to evaluate infrastructure projects in the Metro Rail and Roads, Transport & Highways and Logistics Parks in order to boost logistics efficiency, reduce travel times, and deliver significant socio-economic benefits across the meeting, the NPG evaluated five projects with an aim to have conformity to the PM GatiShakti principles of integrated multimodal infrastructure, last-mile connectivity to economic and social nodes and intermodal coordination. The initiatives involve the Ahmedabad Metro Rail Project Phase-2A. The Ministry of Housing and Urban Affairs (MoHUA) has proposed plans to extend the Ahmedabad Metro by 6.032 km to provide direct connectivity to Sardar Vallabhbhai Patel International Airport from Koteshwar Metro Station (excluding).Secondly, construction of 8-lane access-controlled Highways of NH 248S for Connectivity to the proposed Vadhavan port. The Ministry of Road Transport and Highways (MoRTH) has proposed the plans for the construction of an 8-lane access-controlled highway along NH-248S to improve connectivity to the upcoming Vadhavan Port in the initiative also involves the construction of Four Lane Elevated Road in the Jodhpur city portion from Mahamandir to Akhaliya Chouraha. The Ministry of Road Transport and Highways has proposed the plans for the construction of a 4-lane elevated corridor in Jodhpur city, extending from Mahamandir to Akhaliya Chouraha. Strategically aligned along NH-62 and NH-125, the project aims to alleviate traffic congestion and enhance urban mobility across one of Rajasthan's busiest city the Ministry of Road Transport and Highways (MoRTH) has proposed to develop a Multi-Modal Logistics Park (MMLP) at Parkibanda village in Manoharabad Mandal, Medak district, the Ministry of Road Transport and Highways (MoRTH) has proposed to develop a Multi-Modal Logistics Park (MMLP) at Jaitiya village, located in Fatuah Taluka of Patna district, Bihar. Spread over 106.19 acres (42.97 hectares), the proposed facility is projected to handle 5.43 million metric tonnes (MMT) of cargo annually by 2071, and is poised to become a major logistics hub for the region. (ANI)
