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Alang-Gujarat’s ship recycling industry eyes 10% CAGR by CY28

As newer, more efficient vessels are introduced, older ships become increasingly unviable for operation.Read more

Ship-building clusters to be established in five states; Sarbananda Sonowal

The ministry projects that container handling capacity will reach 40 million TEUs (twenty-foot equivalent units) over the next five years, creating approximately 2 million job opportunities nationwide.Read more

India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

MoPSW to develop new shipbuilding scheme to incentivise Indian shipyards till 2035

Additionally, global cruise giant MSC Cruises has shown interest in deploying ships for domestic routes in India. Read more

Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors

It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more

Adani Portfolio leading the way in ESG

Adani portfolio businesses have active strategy to decarbonise, pledge to plant 100 million trees by 2030, and undertake innovative pilot projects, including development of hydrogen Fuel Cell Electric Truck.Read more

Capturing the current status of the PM Gati Shakti scheme

Prime Minister Gati Shakti Scheme (PMGSS) has given a boost to Indian transportation system. Railways, roads and air travel, each sector has seen a swift shift with the initiatives and implementation.Read more

Deadline near for bids in India's Green Hydrogen Revolution under SIGHT Scheme

The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parliament was informed on Thursday.Read more

Minister assigns top priority to critical projects of the Northeast by Jan, 2024

Sarbananda Sonowal chaired a meeting of the Ministry of Ports, Shipping & Waterways (MoPSW) and Ministry of Ayush (MoA) to review the ongoing projects of both the ministries in the Northeast region.Read more

Prism Logistics executes India's largest multimodal cargo haul for Barmer Refinery

The project was commissioned by Larsen & Toubro Ltd and was valued at over Rs 100 crore.Read more

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