Inland Container Depot to come up at Bhiwadi and Sirohi

The government of Rajasthan has approached the Centre with a proposal for setting up two inland container depots (ICDs) in Bhiwadi (Alwar) and Sirohi. What is Inland Container Depot: Inland Container Depot or ICD’s are inland points away from sea ports equipped for handling and temporary storage of containerized cargo as well as empties. ICD is formed to help importers and exporters to handle their shipments near their location. If the sea port Continue Reading

Sagarmala: Program for Port-led Development

A recent report has highlighted that Government’s ambitious push to port-led development under the Sagarmala project will help in saving as much as INR 35,000 – 40, ooo Crore per annum in logistic costs by year 2025. The report pointed out significant potential for moving raw materials and finished products using coastal shipping and inland waterways which is 60-80% cheaper than road or rail transport. Here’s a look at various aspects of Continue Reading