Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

GHIAL Acquires Full Stake in ESR GMR Logistics Park

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GHIAL Acquires 100% of ESR GMR Logistics Park to Expand Aerotropolis Strategy

GMR Airports has tightened its grip on Hyderabad’s airport-driven growth story. Through its subsidiary, GMR Hyderabad International Airport Ltd (GHIAL), the group is acquiring the remaining 70% in ESR GMR Logistics Park, making the warehousing venture a wholly owned arm of its aerotropolis ecosystem.

From Minority Stake to Full Ownership

GHIAL’s development subsidiary, GMR Hyderabad Aerotropolis, already held a 30% stake in ESR GMR Logistics Park Private Ltd (EGLPPL). With this new ₹41 crore acquisition agreement, GHIAL will own 100% of EGLPPL, strengthening its footprint in the airport-linked logistics and warehousing segment.

Inside the ESR GMR Logistics Park

Key Infrastructure and Regional Impact

EGLPPL is strategically positioned to serve Hyderabad’s fast-growing logistics sector. Situated near Rajiv Gandhi International Airport, the park offers seamless multimodal connectivity and is set to serve both cargo and last-mile e-commerce players.

Warehousing as a Growth Lever for Hyderabad SEZ

This deal complements GHIAL’s broader SEZ and land monetization strategy. The logistics park will support warehousing demand from pharma, auto, and FMCG players leveraging the airport’s cargo facilities.

GMR’s Vision: Airport-Led Urban Transformation

The acquisition fits within GMR’s integrated development framework—which spans warehousing, hospitality, office spaces, and education zones—forming a full-fledged aerotropolis around Hyderabad airport. This enhances economic activity and job creation in the region.

Building an Integrated Logistics Ecosystem Around GHIAL

With full ownership of EGLPPL, GHIAL gains greater operational flexibility and strategic control over one of Hyderabad’s key logistics infrastructure assets. As India’s airport-led urban models evolve, this acquisition reinforces GMR’s long-term vision of creating connected, self-sustained logistics and commercial zones anchored by major transport hubs.

DBS Extends $150M to Adani Ports Amid Recovery From DOJ Setback

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Adani Ports Secures $150M Loan from DBS Amid Lender Confidence Revival

In a key move to regain international lender trust, Adani Ports & Special Economic Zone has locked in a $150 million bilateral loan with Singapore-based DBS Group. The four-year facility is the conglomerate’s first direct funding deal with a global bank since facing a US DOJ indictment last year.

Strategic Bilateral Deal with DBS Group Signals Rebound

The deal marks a turning point for the Gautam Adani-led infrastructure group, which has faced intense scrutiny since being indicted by the US Department of Justice in late 2024 over an alleged bribery case. The loan signals renewed confidence from international creditors, according to people close to the matter.

Loan Structure, Pricing & Capital Deployment Plan

SOFR Benchmark and Hedged Rate Explained

The four-year facility is priced at around 200 basis points above the benchmark Secured Overnight Financing Rate (SOFR). With hedging, the total interest cost is estimated at approximately 5.5%—a competitive rate given the group’s recent reputational challenges.

Four-Year Tenure Targeted at Capex Requirements

Proceeds from the facility will be used to fund capital expenditures across Adani Ports’ SEZ developments. The transaction reflects a cautiously optimistic shift in lender sentiment toward the group’s infrastructure assets and growth plans.

Adani Group’s Recent Financing Activity

Bond Deal, Airport Loan Talks, and Foreign Investor Interest

Just last month, Adani raised $750 million via offshore private bonds, with BlackRock subscribing to nearly a third of the issuance. In parallel, the group is negotiating a $750 million loan for its airport vertical with Barclays, First Abu Dhabi Bank, and Standard Chartered.

DOJ Indictment, Diplomatic Engagement & Legal Outlook

Bloomberg reports suggest Adani representatives have recently met US officials to discuss the possibility of resolving or dismissing the criminal charges stemming from the DOJ’s bribery investigation. While the legal proceedings remain unresolved, the group’s ability to attract global capital indicates that investor confidence may be stabilising.

Global Lending Channels Reopen for Adani Group

With DBS stepping up, Adani Ports appears to be opening a new chapter—one focused on rebuilding trust, securing capital for expansion, and regaining its financial credibility on the world stage. Whether this marks the beginning of broader lender re-engagement remains to be seen, but the signal is clear: global money is watching—and cautiously returning.

Vadhavan Port to Surpass JNPA in Size and Scale

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India’s Largest Container Port to Rise in Palghar: Inside the Vadhavan Project

India is preparing to rewrite the rules of global maritime trade. The upcoming Vadhavan Port in Palghar, Maharashtra, is poised to become the country’s largest container port—three times bigger than JNPA—ushering in a new era of infrastructure-led economic transformation.

Vadhavan Port: The Next Global Maritime Gateway

Located just 140 km north of Mumbai along the Maharashtra-Gujarat border, the Vadhavan Port is a greenfield project designed to rival the world’s busiest terminals. The port will be built at a cost of ₹76,220 crore and is expected to rank among the top 10 ports globally.

Funding, Partners, and Infrastructure Scope

SPV Formation and PPP Model

The Vadhavan Port Project Ltd (VPPL) has been formed as a special purpose vehicle (SPV) by the Jawaharlal Nehru Port Authority (74% stake) and the Maharashtra Maritime Board (26%). The project will be executed via a public-private partnership model to develop container terminals, liquid cargo berths, multipurpose docks, and coastal infrastructure.

Berths, Terminals, and Connectivity Plans

  • Nine container terminals, each 1,000 meters in length
  • Four multipurpose berths and four liquid cargo docks
  • A Ro-Ro berth and a dedicated Coast Guard facility
  • Road connectivity to national highways and the DFC rail network

Air and Surface Connectivity Masterplan

The Maharashtra Airport Development Company (MADC) is conducting a pre-feasibility study to build a greenfield airport near Vadhavan. Meanwhile, road and rail infrastructure upgrades will enable seamless freight integration with India’s existing logistics corridors.

Mumbai’s $1.5 Trillion Economic Vision by 2045

Maharashtra Chief Minister Devendra Fadnavis has projected the Vadhavan Port as a catalyst in Mumbai’s transformation into a $1.5 trillion economy. Speaking to Indian Foreign Service officers, he unveiled parallel megaprojects including:

Edu City, Innovation City, Knowledge City Explained

  • Edu City: 200 acres, hosting 12 global universities and 1 lakh students
  • Innovation City: 300 acres focused on tech development and startup ecosystems
  • Knowledge City: 1,000 acres for research, AI, and digital leadership

Policy Diplomacy and Maharashtra’s Global Footprint

During the interaction, Fadnavis emphasized Maharashtra’s evolving role in foreign policy, international investment, and its contribution to India's vision of becoming a developed nation by 2047.

Conclusion: India’s New Logistics Capital Takes Shape

The Vadhavan Port is more than just another mega-port—it's a gateway to a new economic geography. With cutting-edge maritime infrastructure, seamless connectivity, and a bold educational-industrial ecosystem, Palghar is poised to become the western anchor of India’s $5 trillion future.

Adani, JSW Infra Invest ₹29,500 Cr in Logistics Push

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Adani Ports and JSW Infra Place ₹29,500 Cr Bet on Integrated Logistics to Drive Future Growth

India’s top private port operators—Adani Ports and JSW Infrastructure—are going all-in on integrated logistics. With port assets becoming harder to acquire and customer expectations rising, both companies are committing a combined ₹29,500 crore to build out end-to-end multimodal capabilities and transform cargo movement from port to door.

Strategic Shift Toward End-to-End Transport Ecosystems

Faced with saturated port capacity and rising competition, Adani and JSW Infra are repositioning as full-scale logistics and transport infrastructure providers. This involves integrating first-mile and last-mile services, warehousing, multimodal terminals, and tech-enabled freight solutions under a single customer-facing platform.

Adani Ports: From Port Operator to Transport Utility

Asset Base and Financials: FY25 Snapshot

Adani Ports and Special Economic Zone (APSEZ) recorded ₹2,881 crore in logistics revenue in FY25—a 38.6% year-on-year rise—with ₹642 crore in EBITDA. However, margins slipped to 22% from 26% in FY24. Trucking revenue touched ₹428 crore and is projected to triple by FY26.

₹20,000 Cr Capex Fuels Multi-Asset Expansion Plan

APSEZ’s logistics fleet now spans 132 rakes, 12 MMLPs, over 3 million sq. ft. of warehousing, 6,000+ containers, and 937 trailers. With 18,250 hectares of industrial land under its belt, it plans to invest ₹20,000–₹20,500 crore through FY30 into logistics assets including agri-silos and supply chain automation.

JSW Infrastructure: Inorganic Growth Through Acquisitions and Terminals

Navkar Deal, GCTs, and Morbi–Panvel Industrial Plays

JSW Infra acquired a majority stake in Navkar Corporation for ₹1,644 crore and plans to build 15–20 Gati Shakti Cargo Terminals over five years. FY25 logistics revenue stood at ₹250 crore with ₹41 crore EBITDA. The company targets ₹8,000 crore in logistics revenue and a 25% EBITDA margin by FY30, powered by ₹9,000 crore in capital expenditure.

Outlook, Risks, and the Road to FY30

Analysts caution that logistics margins are thinner compared to port operations, posing profitability challenges. Still, integrated service offerings across ports, land transport, and storage may create defensible customer value. Both companies are betting that this ecosystem model will yield market share gains and operational leverage as India’s manufacturing and trade volumes expand.

Conclusion: Logistics Integration Key to India’s Port Profitability Reinvention

Adani Ports and JSW Infra are no longer just port operators—they’re becoming logistics infrastructure ecosystems. Their ₹29,500 crore play into rakes, warehouses, GCTs, and tech is not just a vertical integration bet, but a reinvention o

India's first sea route exports pomegranate consignment to U.S

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India has exported its first pomegranate consignment to the U.S.A. via sea route. The pomegranate consignment comprising 4,620 boxes, weighing around 14 tonnes, has reached the U.S. East Coast in March 2025.



The consignment was sent from Ahilyanagar in Maharashtra to New York, USA.

Traditionally, for pomegranate exports, companies use the Air Route. However, after the success of the static trial to enhance the shelf life of Pomegranates for up to 60 days by APEDA in collaboration with ICAR-National Research Centre for Pomegranate.


Kay Bee Exports, a leading exporter of fruits and vegetables from Mumbai, has used the sea freight mode to send the consignment cost-effectively and sustainably.

India’s Largest Port Operator Adani Port Acquires Australia's NQXT Terminal, Adds 50 MTPA

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 India’s largest integrated transport utility, Adani Ports and Special Economic Zone Ltd (APSEZ), has acquired the North Queensland Export Terminal (NQXT) in Australia, adding 50 MTPA capacity.



In all-share deals, Adani Ports (APSEZ) will issue 14.38 crore equity shares at (A$ 3,975 million) to Carmichael Rail and Port Singapore holdings Pte Ltd (CRPSHPL) in exchange for 100% ownership of Abbot Point Port Holdings Pte Ltd (APPH).


Abbot Point Port Holdings Pte Ltd (APPH), a Singapore-based entity currently owned by Carmichael Rail and Port Singapore Holdings Pte Ltd (CRPSHPL).


APPH owns and operates NQXT, a major export terminal located at the Port of Abbot Point, roughly 25 kilometres north of Bowen in North Queensland, on Australia’s east coast.

As part of the deal, APSEZ will also take over certain non-core assets and liabilities listed on APPH’s balance sheet, which the company plans to liquidate within a few months.

Import Vintage Cars in India without Import License

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Importing Vintage cars in India needed an Import license, and acquiring the license turned into a nightmare for auto enthusiasts. However, with the notification from the Ministry of Commerce and Industry, dated February 7, 2025, notified that vehicles aged 50 years or older are now eligible for free import. It also removes the need for an import license.

India removed import restrictions on Vintage cars

In the notification, the Indian government has allowed the import of vehicle manufactured up to 1975 from the earlier limit of 1950. Also the policy rolling nature will keep evolving the eligible vehicle list.

The policy change has some stipulation- first being that vintage cars can be imported for personal use only and no domestic sale. Secondly, the notification also specifies that imported vintage cars must comply with the Motor Vehicles Act of 1988 and the Central Motor Vehicles Rules of 1989, ensuring they meet the safety and environmental standards required for use on public roads.


Indian Government Planning to Lift Export Ban on Few Varieties of Non-Basmati Rice

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 India's Union Commerce Minister Piyush Goyal hinted at lifting the ban on certain varieties of non-basmati rice. However, it will depend on the assessment of production, consumption patterns and prices in retail and wholesale markets. 

Rice Stored in Warehouse for Export

Indian Government has banned exports of non-basmati white rice since last year (20 July 2023) to stabilise domestic supply demand. 

BLR Airport Becomes Top Airport For Perishable Exports For The Fourth Consecutive Year

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As per the tweet by the official Kempegowda International Airport X accounts, BLR Airport handled 63,188 tonnes of perishable export cargo in FY 2023-24, an 18% year-over-year growth. 

Kempegowda International Bengaluru Airport

This achievement marks the airport's fourth consecutive year as India's top airport for perishable exports, accounting for 28% of the nation's total perishable cargo and 44% of South India's. Key exports included poultry products (47,041 tonnes) and flowers (2,050 tonnes). The airport's infrastructure supports transportation to over 100 global destinations, enhancing its role in international trade.

World First CNG Bike Bajaj Freedom 125 to be exported to 6 countries

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India's Bajaj Auto unveiled the World's First CNG bike Freedom 125 on 5 July 2024. While the Indian market is a priority, Bajaj Auto also plans to export the motorcycle to countries with widespread availability of CNG - Colombia, Bangladesh, Egypt, Indonesia, Tanzania and Peru. 

World First CNG Bike Bajaj Freedom 125

Bajaj Auto claims that on CNG, it can cover 102 km per Kg and in combination with petrol it can go up to a range of 330 kilometres in ideal conditions. The bike comes with 2 kg CNG tanks and a 2-litre petrol tank.