Colombo Port is expanding its capacity with a plan to have three terminals each having 1,200 m length and facilities to accommodate the berths alongside. After completion of the third stage of the Colombo Port Expansion Project, an additional 7.5 MTEU (million TEUs) capacity would be available. The terminals will be operational by August 2013. Read more...

Tata Housing has tied up with the Urban Development Authority (UDA) of Sri Lankan government to invest in 6.7 mn sq ft project in Colombo. Read more...

Industrialists in and around Madurai have expressed their disappointment over non-inclusion of Madurai in the list of international airports. Read more...

The government’s decision to go ahead with four hub ports –– two each on either coast, as spelt out in the national maritime policy – is aimed at boosting container traffic in the country. As per a recent cargo study by Crisil, India will handle around 21 million containers by 2020. Despite a boom in container handling in recent years, India doesn’t have hub ports that attract mother ships carrying 10,000-12,000 containers. Read more...

The New Mangalore Port Trust (NMPT) is planning to construct the proposed container terminal on its own and has dropped the plan of public private partnership (PPP) model. Read more...

India has been using CTD rebars since about 1970 and continues to use them even today. The country has not paid heed to the fact that usage of CTD bars was stopped in Europe around 1972 because of their poor properties. Read more...

The prime challenge that concerns a project logistics player in India is the absence of adequate infrastructure in terms of transportation network. Read more...

Vasan Healthcare is planning to invest Rs 400 crore for expansion of its eye care hospital network, dental clinics and entry into other verticals before March 2012. Read more...

Maritime trade is becoming an increasingly important dimension of India’s growing economy. Read more...

Concurrent (India) Infrastructure Ltd (formerly known as Kushagra Software Ltd) has entered a transaction of acquiring 320 perches of land in Sri Jayewardenepura Kotte, Colombo, Sri Lanka. Read more...