Skip to content
Search AI Powered

Latest Stories

Indian Ports Association Appoints Tech Mahindra as Managed Service Provider for Five Major Ports

As part of its efforts to promote ease of doing business through digital transformation and build a world-class port infrastructure in the country, the Indian Ports Association (IPA) has appointed Tech Mahindra as the managed service provider for the five major ports at Mumbai, Kolkata, Chennai, Deendayal Port, and Paradip Port Trust.

This initiative is a major step towards integrating the maritime sector and fostering growth and development of major public sector ports in the country.


Tech Mahindra is partnering with world-class leading players like SAP, Envision, CISCO, Dell, RTCom, and other major players. IPA has hired global consultancy services firm Ernst Young to assist in conceptualizing Port-EBS and support IPA and ports in the implementation of this transformational initiative, said India’s Ministry of Shipping in a release.

The proposed enterprise business system will comprise of three core solution components - port operations solution, standard ERP solutions, and auxiliary solutions. It would tightly integrate with port community system (PCS) and other retained applications of ports, enterprise business standard processes and shared infrastructure on the cloud, making it next generation modern system which will serve ports purpose in coming years.

The system would be driven by transparent, simple and error-free business processes, easily measured by clearly defined key performance indicators, use the latest technology to achieve strategic business objectives and integrate seamlessly with prevalent systems and devices.

The solution proposes a cafeteria approach for ports, which allows them to select the systems that they want to be implemented as per their needs. This model enables minimal efforts in a seamless manner if new ports opt to join the system in near future.

The project implementation and stabilisation period are 20 months and operations and maintenance support are for 5 years.

The five major port trusts, Mumbai Port Trust, Kolkata Port Trust, Chennai Port Trust, Deendayal Port Trust, and Paradip Port Trust have come together in this collaborative effort towards building a common shared platform for modernization and automation of port processes. The key benefits from the system in port and shipping sector include:

--Improve India’s ranking in Ease of doing business

--Enable faster request processing in the delivery of services with a better turnaround time

--Reduction in manual intervention/documentation required

--Reduction in overall Transaction time and costs

--Improve the efficiency of port operations, quick turn round of vessel and subsequent less dwell time

--Dashboard to ports/MOS for Real-Time MIS on cargo/ship movements & Exim           transactions

--Simplified and accelerated procedures for cargo entry, exit or transit

--Enhanced transparency across systems.

More For You

Essar-Oil-UK-Getty

Essar Oil UK is advancing decarbonization at its Stanlow Refinery with two key projects supported by Industrial Energy Transformation Fund (IETF) grants. (Photo: Getty Images)

Essar, 24 other firms get £51.9m to cut industrial carbon emissions

THE GOVERNMENT has allocated £51.9 million to support 25 businesses in reducing carbon emissions as part of the Plan for Change aimed at driving economic growth and rebuilding Britain.

The funding covers projects across various industries, including food manufacturing, cement production, and glass processing.
Companies receiving funding include Essar Oil UK, Nestlé's coffee processing site in Staffordshire, Heinz's baked bean factory in Wigan, and Hanson Cement in North Wales.

Keep ReadingShow less
Tesla-Getty

Tesla has faced challenges in 2024, reporting its first annual decline in deliveries as incentives failed to increase demand for its ageing vehicle lineup. (Photo: Getty Images)

Tesla received nearly £200m in UK government grants since 2016: Report

ELON MUSK’s electric vehicle company Tesla has received £191 million in grants from the UK government since 2016, according to an analysis by Tussell.

The majority of the funding, £188m, was provided by the Department for Transport (DfT) through the plug-in car grant scheme, which aimed to promote the adoption of electric and plug-in hybrid vehicles, The Guardian reported.

Keep ReadingShow less
CES-2025

CES 2025, organised by the Consumer Technology Association (CTA), will be held from 7 to 10 January.

Indian tech innovations to shine at CES 2025, says top executive

THE INDIAN technology sector continues to capture attention, with several startups and entrepreneurs showcasing their innovations at CES 2025, the world's largest tech event.

John Kelley, vice president and show director of CES, described the Indian tech story as “fascinating” and highlighted its growing global significance.

Keep ReadingShow less
Anil Agarwal acquires London's historic Riverside Studios

Anil Agarwal

Anil Agarwal acquires London's historic Riverside Studios

THE founder and chairman of Vedanta group Anil Agarwal is the new owner of the iconic Riverside Studio in London, a statement said on Wednesday (8).

The 100-year-old studio, which is a renowned global centre for arts and located on the north bank of the river Thames in the centre of London, will now operate under the name ‘Anil Agarwal Riverside Studios Trust’, it informed.

Keep ReadingShow less
india-gdp-iStock

India's GDP growth was 9.7 per cent in 2021-22, 7 per cent in 2022-23, and 8.2 per cent in 2023-24. )Representational image: iStock)

India's GDP growth projected to fall to 6.4 per cent in FY25

INDIA's gross domestic product (GDP) growth is projected to decline to 6.4 per cent in the financial year 2024-25, marking its lowest rate in four years, according to government data released on Tuesday. The slowdown is attributed to weaker performance in the manufacturing and services sectors.

The growth rate of 6.4 per cent, estimated by the national statistics office (NSO), is the lowest since the contraction of 5.8 per cent recorded during the Covid-19 pandemic in 2020-21. GDP growth was 9.7 per cent in 2021-22, 7 per cent in 2022-23, and 8.2 per cent in 2023-24.

Keep ReadingShow less