As a leading shipping and logistics company in India, Abhyansh is committed to supporting and highlighting the transformative infrastructure developments that are shaping our nation's future. The 74th meeting of the Network Planning Group (NPG) under PM GatiShakti, chaired by Shri Rajeev Singh Thakur, Additional Secretary of DPIIT, evaluated five significant infrastructure projects that promise…
The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, has unveiled a significant investment exceeding Rs 645 crores for the development of 10 waterways projects under the flagship Sagarmala Programme. These projects are set to receive full financial assistance from the central government to enhance terminals and riverine infrastructure along the river Brahmaputra…
In a promising sign of economic resurgence, India's industrial and logistics leasing activity has registered a remarkable 35% year-on-year increase, reaching a staggering 19.1 million sq. ft. across eight major cities during the first half of 2023. This significant surge, reported by CBRE South Asia Pvt. Ltd., underscores the resilience and vitality of the sector…
India's shipping and logistics industry is set to witness a transformative shift with the implementation of the ambitious Bharatmala Pariyojana initiated in 2015. Union Minister Nitin Gadkari recently unveiled the government's plans to construct 10,000 km of greenfield expressways at a staggering cost of Rs 4.5 lakh crore. This groundbreaking initiative, aimed at strengthening the…
The shipping industry plays a substantial role in global greenhouse gas emissions, responsible for approximately 2.9% of global CO2 emissions in 2018. This figure is alarming, and the trend is worrisome as well. If no action is taken, shipping is projected to account for about 10% of global CO2 emissions by 2050.
Several factors contribute…
The Indian government's Union Budget 2023 has brought in new initiatives that are expected to have a positive impact on the country's shipping industry. The government's focus on the promotion of coastal shipping through Public-Private Partnership (PPP) mode with Viability Gap Funding (VGF) is one such measure that is expected to provide a boost to…
The National Logistics Policy was launched on 17 September by the Indian government with the aim of promoting the seamless movement of goods across the country and also improving the competitiveness of Indian goods in domestic and global markets.
As per the policy, India has a goal to reach the global benchmark of logistics costs…