🏠 News Empire
economy

Coastal connectivity, digital tech to drive next growth phase for Indian ports: Official

Published on: 06 Aug 2026, 01:20 PM
Coastal connectivity, digital tech to drive next growth phase for Indian ports: Official

Coastal connectivity and digital technology are set to drive the next phase of growth for Indian ports, according to officials speaking at the second CII Conference on Ports and Logistics held in Visakhapatnam on Thursday.

The conference, themed “The Visakhapatnam Pivot – Building an Integrated East Coast Logistics Corridor,” brought together government and industry leaders to discuss ways to enhance the efficiency of the country's port infrastructure.

Devendra Kumar, Additional Member (Traffic) on the Railway Board, described ports as the “gates to prosperity” and underscored the need for seamless railway connectivity between seaports, manufacturing hubs, and inland markets to handle growing cargo volumes efficiently.

“Smooth rail links are vital for moving goods from factories to ports and onward to global markets,” Kumar said, adding that the Ministry of Railways is implementing freight reforms, expanding track capacity, and exploring limited access to its digital tracking systems to improve cargo visibility.

He noted that establishing the new South Coast Railway Zone headquarters in Visakhapatnam would help resolve supply chain bottlenecks faster, particularly for cargo originating from mineral-rich states such as Odisha and Jharkhand.

Under the Swarna Andhra Vision 2047, the state government aims to transform its 1,053-kilometre coastline into a premier logistics hub. R. Dhananjayulu, Advisor to the Andhra Pradesh Maritime Board, revealed that the state is investing ₹17,400 crore in three new port projects to expand capacity beyond the current 300 million tonnes per year. He also mentioned plans for a unified digital logistics dashboard that would integrate data from road, rail, port, and warehouse networks.

Addressing operational challenges, Roshni Aparanji Korati, Deputy Chairperson of the Visakhapatnam Port Authority, highlighted ₹334 crore worth of road and flyover projects aimed at easing traffic congestion at railway crossings.

Industry leaders at the conference called for stronger connectivity between industrial parks and ports. CII Vice Chairman Dr. G. Sambasiva Rao proposed a target of increasing cargo handling from 198 million tonnes to 500 million tonnes, which he argued is achievable with coordinated investment and policy support.

Private sector representatives urged closer collaboration between companies and government agencies to unlock the region's full trade potential. The conference concluded with a consensus on the need for a holistic approach to infrastructure development, integrating rail, road, and digital systems to create a robust logistics ecosystem along the eastern coast.

Latest in Economy 10
Over 3,670 MSMEs Tap Into PSU Supply Chains as Tamil Nadu Expands Vendor Outreach
economy

Over 3,670 MSMEs Tap Into PSU Supply Chains as Tamil Nadu Expands Vendor Outreach

Tamil Nadu has held 13 vendor development programmes to connect MSMEs with public sector undertakings, with more than 3,670 small firms benefiting so far, MSME Minister P. Mathan Raja said in Thoothukudi. He cited a ₹2,141 crore budget allocation for MSMEs this year and a ₹600 crore capital subsidy scheme, and said the State's $1.5 trillion economy target for 2036 depends on large industry and small firms working together.

The Hindu 18 Sep 2026, 01:49 PM
Read More →
State revenue receipts lag at 32% of annual Budget estimate after five months
economy

State revenue receipts lag at 32% of annual Budget estimate after five months

The State’s revenue receipts reached only 32.14% of the annual Budget estimate at the end of August, with non-tax revenue and grants lagging significantly. Tax collections were relatively better but several heads remained below 40% of their targets. Pensions and interest payments continued to dominate expenditure, while the revenue deficit stood at ₹14,840 crore.

The Hindu 18 Sep 2026, 01:54 PM
Read More →
Copper at ₹1,450 a kg: Coimbatore's MSMEs squeezed as prices jump 75% in a year
economy

Copper at ₹1,450 a kg: Coimbatore's MSMEs squeezed as prices jump 75% in a year

Copper prices in Coimbatore have risen nearly 75% in a year to about ₹1,450 a kg, squeezing MSMEs that make auto components, pumps and electronic goods. Industry representatives say units have passed on only 10%–15% of the increase because prices are fixed annually or once in two years. Rising costs of steel, zinc and petroleum-based products have added to the pressure on the cluster's competitiveness.

The Hindu 16 Sep 2026, 03:31 PM
Read More →
Tiruppur knitwear units urge Centre to fix minimum floor price for cotton yarn
economy

Tiruppur knitwear units urge Centre to fix minimum floor price for cotton yarn

A joint committee of Tiruppur knitwear manufacturers and Tamil Nadu textile mill associations has asked the Union government to fix a minimum floor price for cotton yarn and to link yarn exports to it. The panel also sought removal of import duty on cotton for five years, priority CCI supply for State mills, and direct cotton procurement by the Tamil Nadu government.

The Hindu 14 Sep 2026, 01:29 AM
Read More →
PepsiCo opens first Northeast foods plant in Assam, eyes India in its top 10 global markets
economy

PepsiCo opens first Northeast foods plant in Assam, eyes India in its top 10 global markets

PepsiCo has opened its first foods manufacturing plant in India's Northeast — a 44.2-acre facility at Danguapara in Assam's Nalbari district, and its fifth such unit in the country. The plant, part of the company's investment commitment through 2030, will directly employ 700 people, over 75% of them women, and is expected to support thousands of potato farmers. PepsiCo says the expansion is aimed at placing India among its top 10 global anchor markets.

The Hindu 10 Sep 2026, 03:33 PM
Read More →
Coimbatore foundry hub logs 20% growth, faces skilled manpower crunch
economy

Coimbatore foundry hub logs 20% growth, faces skilled manpower crunch

Coimbatore's foundry industry has grown by 20% in the last year, with demand outstripping supply. The sector produces 1.5 million tonnes of castings annually, worth ₹25,000 crore, and exports ₹10,000 crore worth. A three-day expo starting September 10 will showcase new technologies to address skilled manpower shortages.

The Hindu 08 Sep 2026, 03:47 PM
Read More →
→ View All Economy News