Electronics Value Chain Outlook Hit by Dampened User Demand, Sourcing Activity

Bloated inventories have led to plummeting memory device lead times and pricing, and the equalization of lead times and pricing for some passive components. For the first time in several quarters, the electronic components value chain is getting some pricing and lead time relief, as the new Supplyframe Commodity IQ insights reveal. Bloated inventories have […]

Port infrastructure may get ₹2 lakh crore upgrade to ease logistics pain

India is eyeing an about ₹2 lakh crore upgrade of its port infrastructure, in a major push to ease bottlenecks in logistics. As many as 298 projects, including for road and rail connectivity to ports, have been identified under the plan. The Empowered Group of Secretaries headed by cabinet secretary Rajiv Gauba has identified critical […]

Maersk, JSW and Essar Ports join the race for divestment of Concor

MUMBAI: According to sources, Maersk-the Danish major has participated in the second round of the pre-expression of interest (EoI) roadshow held by the Department of Investment and Public Asset Management (Dipam). The other two companies which were part of the second round included JSW Group and Essar Ports. This comes after five companies — I […]

Govt to invest over ?380 crore to deepen draft depth at Cochin Port : Sonowal

KOCHI: Indian Government will invest over? 380 crore towards deepen draft depth at the port to 16 metres as Cochin Port can be a possible trans-shipment hub and an alternative to Sri Lanka’s Colombo Port. Additional investment to raise capacity of the international trans-shipment terminal to 2 million TEUs, is also being planned, Minister for […]

RIL To Build India’s Maiden Multimodal Logistics Park.

Phase I development is targeted within two years, by 2025, leading to commercial operations. The total cost of the project under public-private partnership (PPP) mode is estimated at ₹1,424 crores, the ministry said. The 184.27-acre park, awarded by a bidding process, is estimated to cater to 7.17 million metric tonnes of cargo over the 45-year […]