MANUFACTURING
Cabinet Okays ₹10,000-Cr Scheme To Boost Domestic Container Production
The Union Cabinet has approved a ₹10,000 crore Container Manufacturing Promotion Scheme (CMPS) to expand India’s annual container manufacturing capacity nearly ten-fold to 7.5 lakh TEUs, reduce import dependence and strengthen the country’s maritime logistics supply chain. The scheme, announced in the Union Budget 2026-27, will run from FY28 to FY40, with three years for […]
CW Bureau
·
Oct 28, 2026
INFRASTRUCTURE
Cochin Shipyard To Form JV With DDW, Dubai For Ship Repair Facility
Cochin Shipyard Ltd (CSL) will form a 50:50 joint venture with DDW to own, operate and manage its International Ship Repair Facility (ISRF) at Willingdon Island, Kochi. The joint venture company will be incorporated as a private limited company under the Companies Act, 2013, with its registered office in Kochi. It will not be listed […]
CW Bureau
·
Sep 9, 2026
INFRASTRUCTURE
Global Shipbuilding Giant HD KSOE Partners India For Thoothukudi Yard
India took a major step towards strengthening its global maritime ambitions with the signing of a landmark tripartite Memorandum of Understanding (MoU) for the development of the country’s first mega greenfield shipyard at Thoothukudi in Tamil Nadu. The agreement was signed between HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE), National Shipbuilding & […]
CW Bureau
·
May 13, 2026
INFRASTRUCTURE
Major Ports Record 915 Million Tonnes Cargo, Beat Target With 7% Growth
India’s major ports delivered a strong operational performance in FY26, collectively handling 915.17 million tonnes (MT) of cargo, surpassing the annual target of 904 MT. The throughput marks a 7.06% year-on-year growth, underscoring a steady recovery in maritime trade and improved port efficiency. Reforms and infrastructure push drive momentum The milestone reflects the impact of […]
CW Bureau
·
Apr 5, 2026
