Commercial

T he Kerala State government has taken a significant step towards bolstering the logistics sector by announcing a capital subsidy of up to ₹7 crore for logistics parks. Industries Minister P. Rajeeve unveiled draft guidelines outlining the government's dedication to nurturing the industry. These guidelines propose offering incentives such as industry status and a simplified…

T he progress aligns with the anticipated commencement of operations at the Vizhinjam deep-sea port within a year. N S Pillai, Chairman of the Kerala Maritime Board (KMB), engaged in discussions with the Gujarat Maritime Board on the matter. Pillai emphasized the necessity for developing coastal shipping infrastructure to facilitate seamless cargo movement from Vizhinjam.…