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Billionaire Gautam Adani is entering the oil drilling rig business to expand Adani Ports and SEZ Ltd’s (APSEZ) marine services vertical, aiming to triple its revenue by 2027.
APSEZ targets offshore oil & gas fields in the Middle East and Africa with acquisitions and fleet expansion, aiming for...
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Prime Minister Narendra Modi inaugurated the ₹8,686 crore Vizhinjam transhipment port in Kerala, marking a major shift in India's maritime strategy by reducing dependence on foreign ports like Colombo.
Vizhinjam Port aims to become a global transhipment hub, cutting India’s EXIM costs by 30% and boosting trade efficiency...
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Prime Minister Narendra Modi will relaunch construction of Andhra Pradesh's greenfield capital Amaravati on May 2, marking a revival of the project stalled since 2019.
Amaravati development to resume with ₹1 lakh crore investment, NDA focuses on innovation hubs, connectivity, and strateg...
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The Centre has appointed NEERI to scrutinize the environmental impact of the Rs 76,220 crore Vadhvan Port project in Maharashtra, following a Supreme Court directive amid legal challenges by environmental groups.
NEERI to review Dahanu offshore port clearance and monitoring adequacy; report to guide legal proceedings amid ongoing l...
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The government has removed the ₹40 crore cap on financial assistance for building non-specialised ships under the Shipbuilding Financial Assistance Scheme, effective until March 2026.
India retains 14% shipbuilding aid for final year, citing rising costs and green regulations; delivery timelines also ex...
Swan Defence & Wheel & Time launch India’s 1st integrated F.A.S.T logistics ecosystem at Pipavav shipyard, Gujarat, combining fabrication, assembly, storage & transport services.
SDHI and Wheel & Time form alliance to deliver end-to-end heavy engineering and logistics solutions for ports, petrochem...
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A recent PwC-Assocham report urges the Indian government to implement safeguard duties and provide incentives to attract speciality chemicals supply chains to India.
India’s chemical industry must tackle tariffs, low margins, and commoditisation through tech adoption and supply chain o...
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Mascot Infrastructure has signed an MoU with the Gujarat government to develop a 385-acre integrated industrial township, Mascot Industrial City, at Vithalapur in Ahmedabad district.
New mixed-use township near Gujarat’s auto hub to integrate industry, logistics, and lifestyle, leveraging proximity to...
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The revamped Ship Building Financial Assistance Policy and ₹25,000 crore..
The Maritime Development Fund (MDF) awaits Cabinet approval, offering subsidies and incentives for shipbuilding, recycli...
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The Asian Development Bank (ADB) pledged $5 billion in loans.
ADB committed grants and $2.2B cofinancing to India in 2024, boosting healthcare, education, and infrastructure developm...
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Cube Highways Trust (Cube InvIT) has raised ₹1,152 crore through AAA-rated non-convertible debentures (NCDs) across two tenors to refinance existing rupee loans.
Cube InvIT raised funds via oversubscribed bonds, diversifying funding sources and strengthening its market presence wit...
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Andhra Pradesh's upcoming capital, Amaravati, is set to become the world’s first city powered entirely by renewable energy, with plans to harness 2,700 MW from solar, wind, and hydropower.
Amaravati’s ₹65,000-cr project promotes green urban design with solar transit, EV infra, and district cooling, setting a...
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