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Major Investment Announced by Union Minister for Ports, Shipping & Waterways

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…

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Surging Ahead: India’s Industrial & Logistics Leasing Sees 35% YoY Growth in H1 2023

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…

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Revolutionizing India’s Shipping and Logistics Industry: The Impact of Bharatmala Pariyojana

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…

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