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Adani Ports emerges top contender for Karanja Terminal takeover
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port operator has offered full repayment to financial creditors for their outstanding dues. This development follows Prudent ARC's acquisition of nearly all of Karanja's debt, signaling a significant shift in the company's future.
Fadnavis proposes creation of special rail freight corridor to link ports with Samruddhi Expressway
Maharashtra plans a dedicated rail freight corridor. This corridor will connect major ports like JNPT and Vadhvan Port with the Samruddhi Expressway. The initiative aims to significantly cut logistics costs. It will also link inland dry ports and industrial hubs across the state. This integration will bring more of Maharashtra into global supply chains.