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The Times of India - Business - News Image
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22
BusinessApr 02, 2026 01:22 AM

Mumbai Port hits record 75.15 MMT cargo in FY26; eyes 80 MMT next

Mumbai: The Mumbai Port Authority (MbPA) clocked its highest-ever cargo throughput of 75.15 million metric tonnes (MMT) in 2025-26, registering a 9.5% growth over the previous year, underscoring strong operational performance despite global trade uncertainties.Mumbai Port also maintained its lead in cruise tourism, handling 95 cruise calls and over 2.5 lakh passengers. In shipbuilding and repair, it handled 87 vessels for repair and 23 under construction, while advancing plans for a greenfield s ...Read More >

Abtak.com - Business - News Image
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37
BusinessOct 30, 2025 07:02 PM

Right time to invest in India's maritime sector, says Modi

MUMBAI: While prime minister Narendra Modi stressed that it was the right time for investors to put money in India's maritime sector, the chief economic advisor (CEA) to the government of India V Anantha Nageswaran on Wednesday said that the country's GDP growth in FY 2025-26 would surpass the estimation of 6.3% and would be around 7%. Both were speaking at functions during India Maritime Week, being held from October 27 to 31 in Mumbai. The maritime week also saw a few key memorandums of unders ...Read More >

LatestLY - Business - News Image
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22
BusinessOct 28, 2025 11:15 PM

India News | DMRC Signs MoU for Development of Automated Cargo Evacuation System

New Delhi [India], October 28 (ANI): The Delhi Metro Rail Corporation (DMRC) has taken a significant step forward in its consultancy activities by foraying into the port sector. A Memorandum of Understanding (MoU) was signed on Monday among DMRC, the Deendayal Port Authority (DPA), Umeandus Technology Private Limited, and BEML Limited to develop a Real Time Automated Cargo Evacuation System (e-FTS) for the DPA, based at Kandla, Gujarat. As per the MoU, the e-FTS shall be developed at a pilot pr ...Read More >

Asian News International (ANI) - Business - News Image
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31
BusinessOct 28, 2025 10:21 PM

DMRC signs MoU for development of automated cargo evacuation system

New Delhi [India], October 28 (ANI): The Delhi Metro Rail Corporation (DMRC) has taken a significant step forward in its consultancy activities by foraying into the port sector. A Memorandum of Understanding (MoU) was signed on Monday among DMRC, the Deendayal Port Authority (DPA), Umeandus Technology Private Limited, and BEML Limited to develop a Real Time Automated Cargo Evacuation System (e-FTS) for the DPA, based at Kandla, Gujarat. As per the MoU, the e-FTS shall be developed at a pilot pr ...Read More >

Unknown Source - Business - News Image
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19
BusinessJul 18, 2025 10:21 PM

DP World, DPA, Nevomo ink pact to explore autonomous magnetic rail freight movement in India

DP World, Deendayal Port Authority and Nevomo are collaborating. They will explore autonomous magnetic rail freight movement in India. A pact was signed to explore a pilot project. Nevomo's MagRail technology will be used. It will enable self-propelled movement of cargo within the port. The MoU establishes a 750-metre pilot project at Deendayal Port. DP World, Deendayal Port Authority (DPA) and Nevomo have signed an agreement to explore autonomous magnetic rail freight movement in the country, ...Read More >

LatestLY - Business - News Image
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9
BusinessJul 15, 2025 06:22 PM

Business News | DP World, Deendayal Port Authority, and Nevomo Sign MoU to Explore Autonomous Magnet...

New Delhi [India], July 15 (ANI): A Memorandum of Understanding (MoU) was signed between DP World, Deendayal Port Authority (DPA), and Nevomo to explore potential opportunities in autonomous magnetic rail freight movement in India. This collaboration aims to revolutionise cargo transportation within port ecosystems by implementing Nevomo's proprietary MagRail technology. Also Read | Will Samosa and Jalebi Display Cigarette-Style Health Warnings? PIB Fact Check Debunks Fake News, Says Health Mi ...Read More >

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