Vizhinjam Port Set to Transform as Key Trans-shipment Hub
PORTS & SHIPPING

Vizhinjam Port Set to Transform as Key Trans-shipment Hub

Vizhinjam Port in India is poised for a significant transformation as it gears up to become a vital trans-shipment hub. This strategic shift, spearheaded by Subrata Tripathy, promises to reshape the port's role in the region's trade landscape. By capitalizing on its advantageous geographic location, Vizhinjam Port is expected to facilitate seamless cargo transfers between ships, enhancing efficiency and reducing transit times. The initiative aims to tap into the ever-growing demand for efficient logistics solutions in the Indian subcontinent, aligning with the country's ambitious trade goals. Vizhinjam Port's evolution into a trans-shipment hub holds the potential to boost international trade and foster economic growth in the region. This development is set to benefit a wide range of industries, including shipping, logistics, and manufacturing, by streamlining cargo handling processes. Subrata Tripathy's visionary approach is set to redefine the port's role, making it a crucial player in India's maritime trade and regional connectivity.

Vizhinjam Port in India is poised for a significant transformation as it gears up to become a vital trans-shipment hub. This strategic shift, spearheaded by Subrata Tripathy, promises to reshape the port's role in the region's trade landscape. By capitalizing on its advantageous geographic location, Vizhinjam Port is expected to facilitate seamless cargo transfers between ships, enhancing efficiency and reducing transit times. The initiative aims to tap into the ever-growing demand for efficient logistics solutions in the Indian subcontinent, aligning with the country's ambitious trade goals. Vizhinjam Port's evolution into a trans-shipment hub holds the potential to boost international trade and foster economic growth in the region. This development is set to benefit a wide range of industries, including shipping, logistics, and manufacturing, by streamlining cargo handling processes. Subrata Tripathy's visionary approach is set to redefine the port's role, making it a crucial player in India's maritime trade and regional connectivity.

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Infrastructure Urban

Budget 2025: Key Highlights

On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in India’s history to present so many budgets. It is also the first budget of Prime Minister Narendra Modi’s third term.Sitharaman emphasised that the budget focuses on driving growth towards a “Viksit Bharat” (Developed India), with the country maintaining its position as the fastest-growing major economy. She outlined the government’s commitment to inclusive development, im..

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Infrastructure Urban

Budget 2025-26: Industry reactions

Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to India’s competitive edge on the global stage.Here’s what industry has to say about various announcements and initiatives announced in the budget:Real Estate“The Union Budget 2025 is a game-changer, reinforcing India's commitment to inclusive and sustainable urban growth. The SWAMIH Fund 2 with Rs 15,000 crore will accelerate the completion of stalled housing projects, b..

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Infrastructure Urban

Budget 2025: Key Announcements Impacting Real Estate

Key takeaways for the real estate sector include:• Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will retain nearly 50 per cent of existing provisions while introducing personal tax reforms and rationalising TDS and TCS regimes by streamlining rates and thresholds.• Tax benefits for residential property investors: Investors can now claim nil valuation for..

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