GOVERNMENT

Cabinet approves 12 new smart industrial cities

Cabinet approves 12 new smart industrial cities

Admin August 29, 2024 0

In a landmark decision, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of ₹28,602 crore. This ambitious initiative aims to create a robust network of industrial nodes and smart cities across India, significantly enhancing the country’s manufacturing capabilities, economic growth, and global competitiveness.

Spanning 10 states and strategically positioned along six major corridors, these industrial cities will be located in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in Uttar Pradesh, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in Andhra Pradesh, and Jodhpur-Pali in Rajasthan. The NICDP represents a substantial step towards India’s vision of becoming a global manufacturing powerhouse.

Key Highlights:

1. Strategic Investments: The NICDP is designed to foster a dynamic industrial ecosystem by attracting investments from both large anchor industries and Micro, Small, and Medium Enterprises (MSMEs). These industrial nodes aim to act as catalysts for achieving $2 trillion in exports by 2030, aligning with the government’s vision of a self-reliant and globally competitive India.

2. Smart Cities and Modern Infrastructure: These industrial cities will be developed as greenfield smart cities of global standards, built on ‘plug-and-play’ and ‘walk-to-work’ concepts. This ensures that the cities are equipped with advanced infrastructure to support sustainable and efficient industrial operations.

3. Multi-Modal Connectivity: Aligned with the PM GatiShakti National Master Plan, the projects will feature multi-modal connectivity infrastructure, ensuring seamless movement of people, goods, and services. These cities are envisioned as growth centers that will transform entire regions, enhancing India’s positioning in Global Value Chains (GVC).

Vision for a ‘Viksit Bharat’: The approval of these projects marks a step forward in realising the vision of ‘Viksit Bharat’—a developed India. By positioning India as a strong player in global manufacturing, the NICDP will offer developed land parcels ready for immediate allotment, simplifying the process for both domestic and international investors to establish manufacturing units in India. This initiative aligns with the broader objective of creating an ‘Atmanirbhar Bharat’ or a self-reliant India, fostering economic growth through increased industrial output and employment.

Economic Impact and Employment Generation: The NICDP is expected to generate substantial employment, with estimates of creating 1 million direct jobs and up to 3 million indirect jobs through planned industrialisation. This will not only provide livelihoods but also contribute to the socio-economic upliftment of the regions where these projects are being implemented.

Commitment to Sustainable Development: The NICDP projects are designed with a focus on sustainability, incorporating ICT-enabled utilities and green technologies to minimise environmental impact. By providing quality, reliable, and sustainable infrastructure, the government aims to establish industrial cities that serve as both economic hubs and models of environmental stewardship.

The approval of these 12 new industrial nodes under the NICDP signifies a major milestone in India’s journey towards a more integrated, sustainable, and competitive industrial landscape. With continued progress in existing projects and the promise of these new developments, India is poised to redefine its industrial future and drive significant economic growth in the coming years.

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Ecom Express unveils new brand identity

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RE Rogers ensuring you look no further than them for a great exhibition experience

Building a visionary company requires one percent vision and 99 percent alignment. This analogy resonates deeply when we compare the process of building a company to conducting a symphony orchestra. Just as a conductor leads musicians to create a harmonious masterpiece, a successful business and its management fosters alignment among team members to achieve extraordinary success. In the business world, this vision translates into a clear understanding of where the company wants to go and what it aspires to achieve. The one percent of vision acts as the guiding force that sets the stage for greatness. However, a conductor alone cannot create a symphony. The true magic lies in the collective effort of the musicians, each playing their part to perfection. Similarly, in a visionary company, alignment becomes paramount. Every team member needs to be facing in the right direction, equipped with the right skills, and focused on delivering the right results at the right time. By fostering alignment, harnessing the diverse talents within the team, and continuously fine-tuning performance, savvy teams and visionary leaders carry the potential to transform their companies into harmonious and successful organisations that resonate with greatness. Embracing the power of alignment, inspiring teams with a clear vision, and actively cultivating an environment where every member can contribute their unique talents, RE Rogers India has over the years formed an indispensable pillar of business triumph. Most recently, the company orchestrated a symphony of success handling over 300 events in the fiscal year 2023. Four of these were mammoth events taking place in four different cities at around the same time frame. And these were not merely gatherings, they were milestones. The four gigantic events (CPHI and PMEC 2023 – 28 to 30 November at India Expo Centre, Noida; ENGIMACH 2023 – 6 to 10 December at Helipad Exhibition Centre, Gandhinagar, Gujarat; EXCON 2023 – 12 to 16 December at Bangalore International Exhibition Centre, Bengaluru; PLASTIVISION 2023 – 7 to 11 December at Bombay Exhibition Centre, Mumbai) entailed approximately 650 on-ground manpower, 4300 packages, 370 equipment display, and 3600 vehicles. The symphony of greatness bubbled up in RE Rogers India's operational procedures and functions, and the teams and management leadership soared to create a masterpiece of lasting success as always. "To our heroes who faced the challenges head-on in handling their jobs with total finesse, and to our valuable customers who trusted us blindly during our busiest period pan-India: A HUGE THANK YOU!," the RE Rogers India team was quoted expressing in a LinkedIn post. As the demand for large-scale events and exhibitions continues to rise, the need for comprehensive and reliable exhibition logistics services has never been more critical. In India, where the exhibition industry thrives, one name stands out among the rest — RE Rogers India — who have been delivering unparalleled logistical solutions tailored to the unique demands of the exhibition sector. RE Rogers India have years of first-hand, specialist experience in handling every aspect of exhibitions, ranging from freight forwarding, transportation, customs formalities, secure handling of materials, on-time delivery and site assistance and supervision. Remember that logistics is not just about getting your materials from point A to point B; it’s about ensuring a seamless and stress-free experience for everyone involved in your exhibition, from exhibitors to attendees. So, if you partner with RE Rogers India, you’re not just hiring a logistics company; you’re bringing a dedicated and reliable team on board to ensure your exhibition materials reach their destination in perfect condition and on time. Having served a variety of clients from both the domestic and international arena, the company has developed deep understanding of the unique challenges of delivering time-critical goods in the face of huge crowds, open day pressure, and complex logistical requirements. RE Rogers India fully understands the value of complete exhibition sets in terms of the clients’ reputation and market standing, ranging from trade show booths, exhibits, and other equipment, which include wooden panels, steel frames, prefabricated designs, bunk houses, E-houses, printed material, lights, electronic items and other display resources. The company therefore takes utmost care to pay close attention to critical things like packing, loading, storing, lifting, etc. so as to eliminate any chance of damage. Due diligence is also exercised in choosing optimum and fastest mode of transport to enable the materials to reach the venue well in time, so as to facilitate timely set-up by the clients team at the venue. Post-exhibition, pick-up and delivery back to the shipper is also handled. With RE Rogers India as your esteemed logistics partner, you can focus on wowing your audience and making the most of your exhibition experience. Under the astute leadership of Ravinder Sethi, RE Rogers India is not just reaching new heights; it is setting successive benchmarks. With the innate ability to see through the intricacies and a commitment to perfection down to the minutest detail, Sethi has steered the company towards a trajectory of unparalleled success. His visionary approach complemented by the team's meticulous attention to excellence have become the driving force behind RE Rogers' ascent in the events and exhibition logistics sector. The collective efforts of Sethi and his entire team continue to sculpt a legacy of precision and excellence in the world of logistics that remains exciting, challenging and rewarding.

Inaugural freight train marks milestone in Indo-Bangla Railway Project

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Riding the Waves of Change: India’s Logistics Sector over the Past Decade

The past decade has been a transformative period for the Indian logistics sector, characterised by a blend of challenges and growth opportunities. Key milestones such as the formal recognition of logistics as infrastructure, the implementation of GST, and disruptions from COVID-19 have reshaped the industry landscape. During this time, technology adoption surged, sustainability became a focal point, and the sector prioritised agility and resilience. As a result, new business models emerged, and the sector registered a growth rate of 8%-9%. Throughout this period of growth, logistics companies have created significant value for their customers by offering innovative solutions, improving efficiency, and providing exceptional service experiences. However, the process of capturing and capitalising on this value is complex, requiring long-term investment and strategic focus. Companies typically follow one of two paths: competitive pricing or superior customer value. Yet, only a few have successfully extracted profits and solidified their competitive position, while others have faced decline. On a broader scale, while the logistics sector has made substantial progress in innovation, infrastructure, and technology, its financial returns and profitability have often fallen short of expectations. The challenge lies in the varied performance of subsegments such as express delivery, e-commerce logistics, and contract logistics. Each of these subsegments faces distinct challenges, influenced by factors such as market demand, regulatory policies, technological integration, and investment levels, leading to diverse outcomes across the sector. India's transportation sector is predominantly road-based, with nearly two-thirds of the market share. Among road logistics, Full Truck Load (FTL) remains highly fragmented, with a minimal presence of organised players. While the market has nearly doubled over the last decade, along with technology adoption in fleet and transport management, startups like Blackbuck have made attempts to drive the sector toward organisation, but no significant breakthroughs have emerged. As a result, FTL has struggled to create substantial value for customers, and profitability within the segment has remained stagnant. The second major segment in road logistics is Part Truck Load (PTL) services, where organised players have made gradual improvements. Companies like VRL and V-Trans India have established a national presence, supported by relevant infrastructure and technology. These organised players have delivered tangible value to customers, improving profitability alongside revenue growth through a cost-conscious approach. Rail logistics, on the other hand, has created significant value in specific subsegments, such as container train operators, private rail operators, and car carriers. While Indian Railways remains the primary infrastructure provider, private players like Adani, DP World, Gateway Distriparks, and Pristine have experienced profitable growth over the past decade. E-commerce logistics has been the most hyped segment in the last ten years. While e-commerce logistics started gaining traction in 2010, it exploded in 2014 with technological advancements and the emergence of new-age companies. This segment has grown into a US$6 billion market, creating immense value by reducing transit times, improving customer service, and offering tech-driven solutions. However, as these differentiators become industry standards, the rate of value creation has slowed. Despite significant investments to achieve profitability, most e-commerce companies are still either EBITDA-negative or marginally positive. While they have made strides in reducing losses, profitability remains below industry benchmarks. The express logistics segment, largely controlled by organised players, has also experienced incremental improvements in service offerings and customer service. Despite challenges such as declining document volumes, slow air cargo growth, and cost pressures, express logistics has achieved double-digit growth. However, the segment has failed to create significant new value, as many differentiators have now become standard offerings. This inability to create and capture value raises concerns for the future of express logistics. In contrast, the contract logistics segment has benefited from complex global supply chains and the post-GST momentum, providing significant opportunities for value creation through optimisation. Organised players, with their advanced solutions, technology, and automation, have been able to capture substantial value in this segment. 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FFFAI Bengaluru EC meeting deliberates on customs related initiatives and business opportunities for the fraternity

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VECV secures major UPSRTC order for buses and trucks

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Admin February 27, 2026 0

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Admin January 25, 2025 0

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The Central Government and the Asian Development Bank have agreed upon a policy-based loan, which is in the amount of $350 million. Such an initiative will be available under the second subprogram of the SMILE. It intends to boost Indian manufacturing by building up their supply chains. An agreement that the Department of Economic Affairs, Ministry of Finance, the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, and ADB have jointly signed will represent the commitment of the government to transforming the logistics landscape. The SMILE program's programmatic approach consists of two subprograms that focus on broad-based policy reforms to enhance logistics efficiency. The initiative establishes a comprehensive framework for developing multimodal logistics infrastructure at national, state, and city levels. It also aims to standardise warehousing and logistics assets, incentivise private sector participation, and adopt smart systems for low-emission, efficient operations. The Ministry of Commerce & Industry pointed out that these measures are necessary to improve the competitiveness of the manufacturing sector in India. The program is likely to create employment, ensure gender inclusion, and bring sustainable economic growth through cost reductions in logistics and improving efficiency in external trade. This reflects the mutual commitment of both the Indian Government and ADB to utilising logistics as a foundation for economic development. By driving digital integration, infrastructure advancement, and strategic reforms, this partnership promises to transform the logistics ecosystem in India-boosting growth, innovation, and global competitiveness. Source: ANI

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