Pipapav Port to expand facilities: Gujarat Pipapav Port (GPPL), operated by Denmark-based AP Moller-Maersk, has signed a non-binding MoU with the Gujarat Maritime Board (GMB) to invest INR 17 bn (USD 2 bn) in expanding facilities at Pipapav Port in western India, The Hindu Businessline reports. The proposed investment will fund upgrades at the port including enhanced storage and rail connectivity. GMB said the investment aims to strengthen Pipapav’s multimodal logistics network and align it with other key maritime hubs along India's western coast.

RAIL-

DP World seals agreement to pilot MagRail tech in India port: Port operator DP World and India’s Deendayal Port Authority have sealed an agreement to deploy Polish transport solutions provider Nevomo’s autonomous magnetic rail (MagRail) at Deendayal Port, according to a statement released last week. No investment ticket for the project was disclosed.

Seamless as ever: The trio will collaborate to install a 750-meter MagRail pilot track at the DP World-operated Kandla terminal, and a feasibility study will be rolled out to assess the possibility for large-scale deployment of MagRail across Indian ports. The project will focus on exploring the use of the tech for short-haul freight movements, which has the potential to reduce ports’ reliance on diesel-powered mobility.

We’ve been freighting for this one: The three firms inked an MoU to explore piloting the deployment of Nevomo’s MagRail rail freight in the port back in July.

REAL ESTATE-

India’s Panchshil Realty partners with Betterhomes on UAE debut: India-based luxury developer Panchshil Realty — in partnership with Dubai-based real estate agency Betterhomes — is launching its first luxury project in Dubai, marking its entry into the Emirati market, according to a press release. Betterhomes will leverage its market reach and client base to lead sales and consultancy for the project.

About Panchshil: The luxury developer has delivered around 35 mn sq ft to date, with another 43 mn sq ft set to come online in India spanning offices, high-end residential communities, luxury hotels, retail, and data centers.

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