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Sandeep Poundrik Appointed Secretary of Ministry of Steel
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
GR Infraprojects to Raise $200 Million for Urban Infrastructure Projects
GR Infraprojects is poised to raise $200 million to bolster its urban infrastructure projects. This funding initiative aims to enhance the company’s capacity to undertake both ongoing and new projects, reflecting the rising demand for comprehensive infrastructure solutions in India. The funds will be allocated strategically to ensure the successful execution of various ventures, aligning with the company's growth ambitions. This financial maneuver highlights GR Infraprojects' commitment to contributing to India's infrastructure development, positioning itself as a key player in the evolving ..
Government Implements Strategy to Boost Shipbuilding Sector
The Indian government is actively pursuing a comprehensive strategy to invigorate the shipbuilding sector, which is vital for enhancing the country's maritime capabilities. This initiative focuses on several key areas, including policy reforms, financial incentives, and technological advancements. By streamlining regulations and providing support for domestic shipyards, the government aims to reduce reliance on foreign vessels and promote indigenous manufacturing. Additionally, the strategy seeks to improve workforce training and development, ensuring a skilled labor force to meet the demands ..
Government Proposes Market-Rate Setting for Port Berths
The Ministry of Ports, Shipping, and Waterways is advancing a significant policy initiative that will allow port authorities in India to set market rates for their berths. This strategic move is designed to improve the operational efficiency of ports and enhance their competitiveness in a rapidly evolving maritime sector. By enabling port authorities to determine their own pricing structures, the government aims to align berth rates more closely with market demand. This approach is expected to create a more responsive pricing mechanism, potentially attracting increased business to Indian ports..
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