India’s strategic location in the heart of the East-West Oceanic Route makes it the perfect transshipment hub. But that’s just the tip of the iceberg! With a booming logistics sector that covers everything from port operations to information technology solutions, India is quickly becoming a force to be reckoned with in global trade. What’s more, […]
More than two weeks after an accident off the Mumbai coast, the Indian Navy and Indian Coast Guard have continued to keep their ALH Dhruv chopper fleets grounded as thorough checks are being carried out on specific parts of the indigenous helicopters. The Indian Army cleared some of its machines for operations in the choppers […]
A year after signing Comprehensive Economic Partnership Agreement (CEPA) with United Arab Emirates (UAE), India is likely to touch an all-time high in exports this year, Dr Srikar K Reddy, Joint Secretary, Ministry of Commerce said on Thursday. Reddy said that the historical India-UAE CEPA is yielding results. “India-UAE CEPA has seen a significant positive […]
Attractive government incentives have boosted local manufacturing, setting the stage for smartphone exports from India to reach USD 10 billion (over 82,000 crore) in the fiscal year ending 31 March, according to industry data released on Wednesday. The Indian Cellular and Electronics Association (ICEA) reports that Apple’s ‘make in India’ smartphone now makes up 50 […]
Air India’s Chief Customer Experience Officer Rajesh Dogra emphasised the importance of data sharing among aviation stakeholders to ensure seamless travel for passengers at the CAPA India Aviation Summit 2023. He highlighted a recent weather-related delay in Delhi where the airline faced difficulty reaching out to passengers because their contact details were not available. Dogra […]
On the lines of setting the target of achieving net zero carbon emitter by 2030, the Indian Railways has completely electrified the existing broad gauge network in Odisha. As per the official statement of the Ministry of Railways, the existing broad gauge network in Odisha is 2,822 route kilometres, which is 100 per cent electrified, […]
Hyperlocal delivery refers to a business model in which retailers collaborate with nearby delivery service providers to offer fast delivery options to customers within their vicinity, often on the same day or within an hour and has been revolutionizing the retail industry. In 2021, the global hyperlocal services market was valued at USD 1.5 trillion, […]
Adani Airports Chief Executive Officer Arun Bansal on Wednesday said the company’s ambition is to be the leading airport operator not only in India but in the world. Addressing the media on the sidelines of the CAPA India Aviation Summit event in Delhi on Wednesday, Bansal said, “Our ambition is we want to be the […]
The IFC, which is the lending division of the World Bank, has announced plans to invest Rs 600 crore in the Mahindra Group’s electric mobility business, with the aim of expanding its offerings of inexpensive electric three-wheelers and small commercial vehicles.Mahindra Group announced the investment in NewCo, its new subsidiary, via a stock exchange filing. […]
The Delhi administration finally presented its Budget document on Wednesday, a day after it was initially supposed to be tabled in the Assembly. The theme of the Delhi Budget largely revolved around ‘Clean, Beautiful, and Modern Delhi’. The Budget proposed for the year 2023-24 worth Rs 78,800 crore, was presented by Delhi Finance Minister Kailash […]
