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The new entity likely to be a part of the budget announcement in February.

India to create new bank with ₹1 trillion capital to fund logistics projects?

8 Jan 2021 2:25 PM IST

January 8, 2021: The Indian government is considering a proposal to create a bank with ₹1 trillion ($13.7 billion) equity capital to help fund port,...

The budget has also promised 100 new airports by 2024, flight & railway cold chain for farmers to transport perishables, electrification of 27,000 railway tracks, corporatization and listing of at least one port and the completion of National Waterway- 1.

Budget 2020: Stocks of logistics companies rose up to 3.97% after Rs 1.7 lakh crore allocation

4 Feb 2020 3:53 PM IST

February 4, 2020: Stocks of seven important transport companies rose on February 1 after Finance minister Nirmala Sitharaman presented the Union...

He applauded the 16 action points by which, he believes, the Union budget has made an effort for structural changes to make India a major player in agro exports.

Budget 2020: Logistics policy will smoothen supply of Indian exports says FIEO chairman

4 Feb 2020 12:32 PM IST

February 4, 2020: Sharad Kumar Saraf, president, Federation of Indian Exporters Organisations, while commenting on the Union Budget 2020-21, said that...

The budget allocated Rs 1.7 lakh crore for the transportation sector in 2020-21, Rs 19.6 lakh crore for roads, Rs 13.69 lakh crore for railways, Rs 1.43 lakh crore for airports and Rs 1.01 lakh crore for ports.

Budget 2020: What does it mean for transportation & logistics?

3 Feb 2020 6:18 PM IST

February 3, 2020: Finance minister Nirmala Sitharaman delivered her Union Budget 2020-21 speech on February 1 which received a negative response from...

Particularly, the government wanted to attract international players to bid for Air India and find buyers for Jet Airways.

India may allow 100% FDI in aviation by February 2020

2 Jan 2020 4:04 PM IST

January 2, 2020: Finance Minister Nirmala Sitharaman may raise the 49 percent foreign direct investment cap in the country’s aviation industry to 100...

FTWZs and logistics parks Fostering growth

FROM MAGAZINE: FTWZs & logistics parks Fostering growth

16 July 2018 3:33 PM IST

These are heady times for India’s logistics sector. As the country aspires to become a global powerhouse for manufacturing, government initiatives,...