49 Port Projects Worth 8.3K Crore Sanctioned In 2016-17, Transport Minister Gadkari Says:
Press Trust of India | Last Updated: April 17, 2017 15:15 (IST)
New Delhi: The government awarded 49 port projects with an investment of Rs. 8,341 crore in the previous fiscal, which will result in capacity addition of 104 MT. This was against a target of 102 million tonnes per annum (MTPA) capacity augmentation.
“In respect of development of port infrastructure, 49 projects have been awarded with a capacity of 103.52 MTPA against a target of 102 MTPA with an investment of Rs. 8,341.12 crore during the last fiscal,” Shipping, Road Transport and Highways Minister Nitin Gadkari told Press Trust of India (see more)
Improving Road Safety With Artificial Intelligence:
Updated 17/04/2017 9:15 AM IST
Road safety is a pressing issue in India and the country has the dubious distinction of having one of the highest rates of traffic accidents in the world. According to data released for 2015 by the Ministry of Road Transport and Highways, about 1374 accidents and 400 deaths take place every day on Indian roads. India is participating in the Brasilia
Declaration and has committed to reducing the number of road accidents and fatalities by 50% by 2020. Despite efforts to improve road safety and save lives, the number of road accidents increased by 2.5% from 2014 to 2015 (see more)
New Market Research Report: Warehouse Robotics Market – Global Forecast to 2022
Warehouse Robotics Market by Type (Mobile, Articulated, Cylindrical, SCARA, Parallel, Cartesian), Software, Function (Pick & Place, Palletizing & Depalletizing, Transportation, Packaging), Payload Capacity, Industry, and Region – Global Forecast to 2022.
Warehouse robotics market to grow at a significant rate between 2017 and 2022. The warehouse robotics market is expected to grow at a CAGR of 11.8% between 2017 and 2022 and is expected to be valued at USD 4.44 billion by 2022(see more)
Industrialists perturbed over high logistics cost in India:
Posted at: Apr 17, 2017, 1:43 AM(IST)
The industry has to incur a large amount on logistics and the cost is one of the highest in the world, say industrialists.They said the government, both at the Centre and state, should take measures to bring down the cost to aid the industry. “The logistics cost in
India is the highest in the world,” said SC Ralhan, President, Ludhiana Hand Tools Association. The logistics cost within the country is higher than the cost of sending goods from the port to the final destination. The cost of sending freight from Punjab to Mumbai is higher than the cost of sending it from Mumbai to Dubai. This issue must be addressed by the government. “Such cost is much lesser in other countries,” he said (see more)