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The Hindu
29-04-2025
- Business
- The Hindu
Preparation of city logistics plan for Chennai and Coimbatore is on
The preparation of city logistics plans for Chennai and Coimbatore has been under way, said Sandeep Nanduri, Managing Director, Tamil Nadu Industrial Development Corporation (TIDCO). At a session on State Logistics Policy, organised by TIDCO in collaboration with the Madras Chamber of Commerce and Industry (MCCI), Mr. Sandeep made an elaborate presentation, according to which the multi-modal logistics park (Phase 1), coming up at Mappedu, near Chennai, will become operational by 2027. 'The MMLP Coimbatore land acquisition is in advanced stages,' he said at a session on State Logistics Policy that was organised by Tamil Nadu Industrial Development Corporation (TIDCO) in collaboration with the Madras Chamber of Commerce and Industry (MCCI). Container Corporation of India Ltd (CONCOR) will be setting up a net zero ambient cold storage warehouse at Sriperumbudur, near Chennai. 'We chose this area mainly because we had land there and that's the electronics corridor of Tamil Nadu. We have a 1.30 lakh sq ft of warehouse space at Sriperumbudur. The tenders will be coming out soon,' said Area Head – III, CONCOR. 'Our target is by next April, we should have it ready. The investment will be substantial at around Rs.60 crore. We are in talks with MNCs in Sriperumbudur,' she said at the sidelines of Tamil Nadu industries secretary V Arun Roy said, 'While current logistics infrastructure is satisfactory, a lot more needs to be done to improve this, including addressing congestion in roads, reducing transit time from industrial clusters to the ports, improving ports and addressing gaps in cold chain infrastructure,' he said. Ramkumar Shankar, Managing Director of Chemplast Sanmar Ltd and President of the Madras Chamber of Commerce and Industry, said: 'Right now, the MCCI is working on a study on the existing Chennai Airport. There are lot of good things that have come up at the airport and changes too. There are certain constraints on the passenger end, but we are also focusing on the cargo side as well in the study. We will present the findings to the government four weeks from now,' he added. Member Secretary, Chennai Unified Metropolitan Transport Authority (CUMTA), gave examples of problem statements and what strategies could be used. One problem statement was movement of air parcel cargo to airport gets complex using LCV and delivery vans causing congestion during peak hours and impacting passenger movement. He suggested that utilization of Metrorail network can be a strategy.
Time of India
29-04-2025
- Business
- Time of India
Indian states are in a race to board space-tech wagon
After battling for IT parks, electronics clusters, and semiconductor fabs, Indian states are now setting their sights far beyond – on the space ecosystem. Gujarat, Tamil Nadu, Karnataka, Maharashtra, and others are busy drafting space policies, setting up space parks, and offering sweeteners to attract private space companies and competition is likely to drive investments and create specialised hubs, according to Indian National Space Promotion and Authorisation Centre (In-SPACe), the nodal agency to promote private investment in the space industry, and startups that ET spoke with. States also see an opportunity to gain priority access to central projects, funding, and tie-ups with the Indian Space Research Organisation (ISRO) by preparing the ground, showing initiative with land, infrastructure, ease of business, and policy support, industry watchers said. 'State governments have been actively engaging with spacetech startups and holding consultations. They are encouraging them to establish manufacturing or operational bases within their territories,' said Rohan Ganapathy, co-chairman of the CII National Committee on Space and CEO of Bellatrix Aerospace. While Bengaluru has led the private space ecosystem in the last decade, policies and invitations from other states are creating strong competition for Karnataka, demanding rapid acceleration, he said. With the Indian space industry aiming to grow to $44 billion by 2033 and capture 8% of the global market, states are keen to explore revenue generation through investments, industry experts said. Space pie that states want A Gujarat government official said it has already received two proposals from electronic component manufacturers to make space-graded components. Gujarat's plan to set up a satellite launchpad in either Dholera or Kutch has garnered the attention of the space industry. The state has linked its spacetech policy to its existing Gujarat Electronics Policy and Gujarat IT/ITeS Policy. Tamil Nadu Industrial Development Corporation (Tidco) managing director Sandeep Nanduri said the state has leverage over others due to its strong base in electronics, automotive, and heavy manufacturing. The state's 'Space Industrial Policy' will focus on spacetech services across upstream and downstream. Tamil Nadu aims to provide better subsidies and a talent pool, Nanduri said without revealing exact details. Maharashtra chief minister Devendra Fadnavis's announcement of introducing a spacetech policy in the next three months was the latest entrant to the domain. Bengaluru-headquartered Digantara said while states are not actively driving demand, they are keen to align with central government policies. 'We have had talks with Andhra Pradesh and Telangana to set up satellite manufacturing and assembly lines but have not finalised any plans yet,' its CEO Anirudh Sharma said. Digantara is evaluating which state offers the best manufacturing subsidies, as the cost of setting up facilities remains high in India. Early investment will pay off The demand for spacetech is still in the nascent stages within India. Most startups are looking at the US or European markets to grow their revenues. Industry experts said states are betting on future readiness and also find the domain aspirational, which grabs a lot of eyeballs. Earlier, ET had reported that startups such as Bellatrix Aerospace, Pixxel Space, and Digantara have set up shop in the US to benefit from non-price-sensitive markets. 'There's a bit of FOMO (fear of missing out) happening too,' said Apurwa Masook, CEO of IISc-incubated SpaceFields. 'No state wants to be the one that doesn't prepare for the next technology boom.' The startup is developing India's first aerospike rocket engine. 'By moving early, they can anchor clusters to create a gravitational pull for global and ancillary companies,' Masook added. In-SPACe director (promotions) Vinod Kumar said, 'Incentives are crucial in attracting investments, especially for high-tech industries like space.' States offering strong incentives—tax breaks, subsidies, or a single-window approval process—will create an ecosystem within their states, he said. While this decentralised growth is a positive signal for innovation and employment, it also demands careful management, Indian Space Association (ISpA) director general, Lt Gen (retd) AK Bhatt said. 'It is essential that state space policies do not lead to fragmentation or duplication, but be a harbinger of added opportunities and fair competition for the growing space sector,' he said. 'Areas like spectrum management, orbital slots, and ITU-level engagements must and will remain coordinated through central authorities.'
Time of India
29-04-2025
- Business
- Time of India
Indian states are in a race to board space-tech wagon
This competition is likely to drive investments and create specialised hubs, according to Indian National Space Promotion and Authorisation Centre (In-SPACe), the nodal agency to promote private investment in the space industry, and startups that ET spoke with. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads After battling for IT parks, electronics clusters, and semiconductor fabs, Indian states are now setting their sights far beyond – on the space ecosystem. Gujarat, Tamil Nadu, Karnataka, Maharashtra, and others are busy drafting space policies, setting up space parks, and offering sweeteners to attract private space companies and competition is likely to drive investments and create specialised hubs, according to Indian National Space Promotion and Authorisation Centre (In-SPACe), the nodal agency to promote private investment in the space industry, and startups that ET spoke also see an opportunity to gain priority access to central projects, funding, and tie-ups with the Indian Space Research Organisation (ISRO) by preparing the ground, showing initiative with land, infrastructure, ease of business, and policy support, industry watchers said.'State governments have been actively engaging with spacetech startups and holding consultations. They are encouraging them to establish manufacturing or operational bases within their territories,' said Rohan Ganapathy, co-chairman of the CII National Committee on Space and CEO of Bellatrix Bengaluru has led the private space ecosystem in the last decade, policies and invitations from other states are creating strong competition for Karnataka, demanding rapid acceleration, he the Indian space industry aiming to grow to $44 billion by 2033 and capture 8% of the global market, states are keen to explore revenue generation through investments, industry experts said.A Gujarat government official said it has already received two proposals from electronic component manufacturers to make space-graded components. Gujarat's plan to set up a satellite launchpad in either Dholera or Kutch has garnered the attention of the space industry. The state has linked its spacetech policy to its existing Gujarat Electronics Policy and Gujarat IT/ITeS Nadu Industrial Development Corporation (Tidco) managing director Sandeep Nanduri said the state has leverage over others due to its strong base in electronics, automotive, and heavy manufacturing. The state's 'Space Industrial Policy' will focus on spacetech services across upstream and Nadu aims to provide better subsidies and a talent pool, Nanduri said without revealing exact chief minister Devendra Fadnavis's announcement of introducing a spacetech policy in the next three months was the latest entrant to the Digantara said while states are not actively driving demand, they are keen to align with central government policies. 'We have had talks with Andhra Pradesh and Telangana to set up satellite manufacturing and assembly lines but have not finalised any plans yet,' its CEO Anirudh Sharma is evaluating which state offers the best manufacturing subsidies, as the cost of setting up facilities remains high in demand for spacetech is still in the nascent stages within India. Most startups are looking at the US or European markets to grow their revenues. Industry experts said states are betting on future readiness and also find the domain aspirational, which grabs a lot of ET had reported that startups such as Bellatrix Aerospace, Pixxel Space, and Digantara have set up shop in the US to benefit from non-price-sensitive markets.'There's a bit of FOMO (fear of missing out) happening too,' said Apurwa Masook, CEO of IISc-incubated SpaceFields. 'No state wants to be the one that doesn't prepare for the next technology boom.'The startup is developing India's first aerospike rocket engine. 'By moving early, they can anchor clusters to create a gravitational pull for global and ancillary companies,' Masook director (promotions) Vinod Kumar said, 'Incentives are crucial in attracting investments, especially for high-tech industries like space.' States offering strong incentives—tax breaks, subsidies, or a single-window approval process—will create an ecosystem within their states, he this decentralised growth is a positive signal for innovation and employment, it also demands careful management, Indian Space Association (ISpA) director general, Lt Gen (retd) AK Bhatt said.'It is essential that state space policies do not lead to fragmentation or duplication, but be a harbinger of added opportunities and fair competition for the growing space sector,' he said. 'Areas like spectrum management, orbital slots, and ITU-level engagements must and will remain coordinated through central authorities.'
