Challenges in the PM Internship Scheme: Falling Short of Ambitious Goals

The PM Internship Scheme is a significant government initiative aimed at equipping individuals with valuable skills through internship opportunities. Designed to bridge the gap between education and employment, it set an ambitious goal of enrolling over 1 lakh participants during its pilot phase. However, the programme has encountered numerous challenges, leading to a significant shortfall in achieving its targets as per various news reports. These issues have raised concerns about its implementation, effectiveness, and the steps needed to ensure its success.

Pilot Phase: Goals and Outcomes

The pilot phase of the PM Internship Scheme was launched with the vision of reaching over 1 lakh participants to foster skill development and enhance employability. However, the programme has managed to enrol only 30,000 individuals so far, falling considerably short of its initial targets. This discrepancy has been attributed to various factors, including insufficient awareness campaigns, limited infrastructure, and challenges in connecting potential interns with suitable opportunities. While the scheme has succeeded in offering internships to thousands, the low participation numbers highlight the difficulties in scaling the initiative.

Challenges Hindering Progress

The programme’s inability to meet its pilot phase objectives underscores critical challenges in its design and execution. Limited outreach efforts have left many eligible candidates unaware of the scheme’s benefits. Additionally, logistical constraints and a lack of streamlined processes for matching participants with organisations have further hindered progress. These issues not only impact the programme’s current outcomes but also raise questions about its potential scalability and sustainability in the long run. Addressing these concerns is crucial for the scheme to achieve its broader objectives.

Conclusion

The PM Internship Scheme represents a well-intentioned effort to enhance skill development and employability among individuals. However, the significant gap between its ambitious goals and actual achievements during the pilot phase underscores the need for effective implementation. The scheme’s success in providing opportunities to a fraction of its target audience highlights both its potential and the challenges that need to be addressed moving forward.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

NSE Investor Base Crosses 11 Crore Unique Investors and Over 21 Crore Total Accounts

On January 20, 2025, the National Stock Exchange of India (NSE) achieved a historic milestone by surpassing 11 crore unique registered investors. This achievement highlights the growing confidence of Indians in stock market investments as a reliable path to wealth creation.

Exponential Growth in Registrations

The pace of investor registrations has seen an extraordinary acceleration in recent years. The journey from 1 crore (10 million) investors in 2008 to 11 crore today showcases the growing interest in direct equity participation. Notably, the most recent 1 crore registrations occurred in just five months, reflecting enhanced investor enthusiasm, digitalisation, and accessibility. In the last 5-month, daily new unique investor registrations have consistently ranged between 47,000 and 73,000.

Younger, Tech-Savvy Investors Take Centre Stage

The demographic profile of NSE investors has undergone a significant transformation. The median age has dropped to 32 years, with 40% of investors under 30. Gender diversity is also on the rise, with women making up one in 4 investors. This youthful and diverse investor base underscores a shift towards a more inclusive market.

From Urban to Rural: Expanding Reach

Investor participation is no longer confined to urban centres. With 99.84% of India’s pin codes represented, rural and semi-urban areas are contributing significantly. Around 62% of the latest registrations came from districts outside the top 50, showcasing trust in the market among smaller towns and villages.

The Role of Systematic Investment Plans (SIPs)

SIPs have emerged as a favoured investment avenue, with 3.7 crore new accounts opened between July and December 2024. Monthly inflows surged to ₹24,748 crore, up from ₹19,972 crore in the preceding 6 months, further highlighting growing investor confidence.

Driving Factors Behind the Surge

The remarkable growth can be attributed to:

  1. Digital Accessibility: Seamless online trading platforms have made investing easier.
  2. Investor Education: Awareness campaigns and financial literacy initiatives.
  3. Market Performance: Consistent returns, with indices like Nifty 50 delivering a 14.2% annualised return over the last five years.
  4. Government Initiatives: Efforts towards financial inclusion and promoting equity investments.

A Testimony to India’s Economic Growth

The market capitalisation of NSE-listed companies has grown sixfold in the past decade, from ₹73.5 lakh crore in 2014 to ₹425 lakh crore today. This reflects the increasing economic prosperity and alignment with India’s broader growth trajectory.

Leadership Commentary

Shri Sriram Krishnan, Chief Business Development Officer at NSE, attributed the growth to a tech-savvy population, increased awareness, and robust market performance. He emphasised the transformative impact of this milestone in empowering investors and deepening the capital markets.

About NSE

As India’s largest stock exchange, NSE has led the charge in digitising trading since 1994. Ranked globally for its equity and derivatives trading, it continues to uphold market reliability through technological innovation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Foreign Investors Pull $5.4 Billion from Indian Equities: What’s Driving the Exodus?

The Indian stock market has started 2025 on a turbulent note as foreign investors sold a staggering $5.4 billion worth of equities on a net basis in January. This marks the worst start to a year since the pandemic, following a brief respite in December. While mutual fund inflows remained resilient, they have been overshadowed by persistent foreign outflows, raising concerns about the market’s trajectory.

Why Are Foreign Investors Exiting Indian Equities?

Concerns over India’s economic growth and sluggish corporate earnings have been central to this trend. Data suggests that the country may experience its slowest economic expansion since the pandemic, intensifying worries among global funds. This has led to a significant selloff in sectors like financials, energy, and others vulnerable to slower growth.

Since October, foreign funds have withdrawn over $17 billion from Indian equities, highlighting the sustained exodus.

Corporate Earnings: A Disappointment So Far

The December-ending quarter has delivered lacklustre corporate results. Out of the 10 Nifty 50 companies that have reported earnings so far, only 3 have managed to surpass expectations. Weak earnings have further dampened investor sentiment, with the NSE Nifty 50 Index falling to its lowest level since June, marking a 12% decline from its September peak.

Hindustan Unilever in Focus

Investor attention has now shifted to upcoming earnings reports for further insights into the demand recovery. Hindustan Unilever Ltd., a key player in the FMCG sector, is expected to report subdued volume and revenue growth. Urban demand, which accounts for two-thirds of the company’s revenue, has lagged behind rural demand for 3 consecutive quarters.

Rising Competition from China

The shift in foreign capital may also be attributed to increasing investor interest in China. A softer tariff stance from the United States has boosted expectations of a rotation toward Chinese markets. This geopolitical development could further reduce foreign appetite for Indian assets.

What’s Next for Indian Markets?

Despite the recent slide, Indian equities remain among the most expensive globally. Investors are now eagerly awaiting two key events:

  1. Union Budget 2025: The government’s fiscal policies will be closely analysed for signs of economic revival.
  2. RBI Monetary Policy: Market participants are keen to understand the central bank’s stance amid slowing growth.

Both events are expected to play a crucial role in determining the market’s direction in the coming months.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gold and Silver Prices on January 22, 2025: Check Prices in Your City

Gold prices reached a multi-week high on Wednesday, buoyed by a weaker dollar and heightened safe-haven demand due to uncertainties surrounding US President Donald Trump’s trade policies.

Trump’s first day in office initially improved risk appetite, only to turn risk-averse after he hinted at imposing tariffs on Canada and Mexico while signing a series of executive orders.

As of 11:45 AM on January 22, 2025, the spot gold price in the international market was trading higher by 0.38% at $2,753.96 per ounce.

Gold prices surged across major metro cities in India on January 22, 2025. In Mumbai, 24-carat gold is priced at ₹7,970 per gram, reflecting an increase of ₹25. Similarly, 22-carat gold now costs ₹7,306 per gram. The price of 24-carat gold per 10 grams has risen by ₹250 to ₹79,700.

In Delhi, 22-carat gold is priced at ₹72,930 per 10 grams, while 24-carat gold is trading higher by ₹240 at ₹79,560 per 10 grams.

Gold Prices Across Major Indian Cities on January 22, 2025

Here is a detailed breakdown of gold prices as of January 22, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 79,910 73,250
Hyderabad 79,810 73,159
Delhi 79,560 72,930
Mumbai 79,680 73,040
Bangalore 79,740 73,095

 

Silver Prices in India on January 22, 2025

The spot silver price was trading marginally higher by 0.02%, at $30.78 per ounce during the afternoon session.

Silver Prices Across Major Indian Cities

 

City Silver Rate in ₹/KG  
Mumbai 92,140
Delhi 92,180
Kolkata 92,020
Chennai 92,410

Key Takeaways

  • Gold Prices: Both 22-carat and 24-carat gold prices recorded a surge across major Indian cities.
  • Silver Prices: Silver spot prices remained flat but exhibited a slight positive bias.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Neuland Laboratories Shares Surge Over 4% on ₹342 Crore Expansion Plan

Neuland Laboratories Ltd, a leading pharmaceutical company, witnessed a 4.53% rise in its share price on NSE, opening at ₹13,751. This surge came after the company disclosed plans for a significant capacity expansion at its Telangana-based facilities, with a total investment of ₹342 crore.

Unit-1 Expansion: Boosting Peptide Manufacturing Capabilities

At its Bonthapally-based Unit-1, the company plans to dramatically increase its peptide synthesiser capacity from 0.5 KL to 6.37 KL. This expansion is aimed at bolstering the manufacturing of peptides, critical components for both generic drug substances (GDS) and custom manufacturing solutions (CMS).

  • Investment Details: ₹254 crore will be allocated to this project.
  • Completion Timeline: The expansion is expected to be operational by FY27.
  • Funding: The project will be financed through a combination of debt and internal accruals.

In its regulatory filing, Neuland Laboratories highlighted that this development aligns with its long-term growth strategy and will allow the business to scale its peptide manufacturing operations significantly.

Unit-3 Expansion: Scaling Production Capacities

Unit 3, located in Gaddapotharam, is also set for capacity augmentation. The production capacity at this unit will increase from 321 KL to 373 KL.

  • Investment Details: ₹88 crore, inclusive of GST, has been earmarked for this project.
  • Completion Timeline: The project is anticipated to be completed within 15-18 months.
  • Funding: Unlike Unit-1, this expansion will be entirely funded through internal accruals.

This development is part of Neuland Laboratories’ strategic focus on enhancing its production capabilities across all segments.

Long-Term Plan

These capacity expansions underscore Neuland Laboratories’ commitment to leveraging its existing capabilities and exploring new business opportunities. By significantly increasing its peptide synthesis and manufacturing capacities, the company aims to strengthen its position in the pharmaceutical sector, catering to both generic and custom manufacturing markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NSE Introduces Higher Bandwidth Options for Commodity Derivatives Connectivity

The National Stock Exchange of India Limited (NSE), a pioneer in screen-based trading and a leader in technology-driven innovations, has announced significant updates for its Commodity Derivatives segment. These changes aim to address increasing market participation and enhance connectivity options for members trading in this space.

New Bandwidth Options for Enhanced Connectivity

To cater to the growing demand for robust connectivity in the Commodity Derivatives segment, NSE has introduced additional high-bandwidth options for leased line connectivity. Members can now access bandwidth options of up to 300 Mbps, a notable upgrade from the previous maximum of 20 Mbps. This enhancement is made possible through the Telecom Network Integrator (TNI), SIFY Technologies Limited, which provides last-mile connectivity across Points of Presence (POP) networks.

The newly available bandwidth options include:

  • 50 Mbps
  • 100 Mbps
  • 150 Mbps
  • 200 Mbps
  • 300 Mbps

These options complement the existing lower bandwidth offerings of 4 Mbps, 10 Mbps, 20 Mbps, and 30 Mbps, ensuring that members have a wide range of connectivity solutions to meet their trading needs.

Facilitating Growth in Commodity Derivatives

With over 240 members trading across more than 25 products in the Energy, Bullion, and Base Metals categories, the NSE Commodity Derivatives segment has seen unprecedented growth in volumes and participation. The upgraded connectivity infrastructure supports this growth by enabling seamless access to Multicast Tick-by-Tick (MTBT) market data broadcasts on higher bandwidths, enhancing the trading experience.

Connectivity Highlights and Disclaimers

While the NSE facilitates these services through SIFY Technologies Limited, it is important to note that the Exchange itself is not a telecom service provider. The responsibility for network architecture and connectivity lies solely with the participants. NSE’s role is limited to acting as a facilitator to provide members with access to improved connectivity options.

Participants should consider the following:

  • The Exchange does not guarantee uptime or service quality.
  • It is essential for participants to maintain appropriate backups and redundancies in their connectivity setups.

About NSE

The National Stock Exchange of India Limited, operational since 1994, stands as a cornerstone of India’s financial ecosystem. NSE’s achievements include being the largest derivatives exchange globally by trading volume and ranking third in equity trading volumes worldwide in 2023. The Exchange remains committed to leveraging innovation and technology to meet market demands.

Join millions of happy investors and traders. Download the Angel One mutual fund app now and stay connected to the market wherever you are!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JK Tyre and IFC Collaborate for India’s First Sustainability-Linked Loan in the Tyre Sector

In a groundbreaking move for the Indian tyre industry, JK Tyre has secured a $100 million Sustainability-Linked Loan (SLL) from the International Finance Corporation (IFC). This marks the first such initiative in the sector, aimed at promoting sustainable manufacturing practices while bolstering local production and supply chains.

Funding Details and Objectives

The $100 million loan comprises $30 million for JK Tyre & Industries Limited and $70 million for its subsidiary, Cavendish Industries Limited (CIL). The funds will be allocated to:

  • Expanding Production: Enhancing manufacturing capacity at the Banmore plant in Madhya Pradesh for Passenger Car Radial (PCR) tyres and the Laksar plant in Uttarakhand for Truck and Bus Radial (TBR) tyres.
  • Sustainability Goals: Supporting energy-efficient tyre production.
  • Job Creation: Strengthening the local workforce and supply chains.

Commitment to Sustainability

Dr. Raghupati Singhania, Chairman and Managing Director of JK Tyre, highlighted the company’s dedication to sustainable growth, stating, “This initiative aligns financing with our sustainability goals, reaffirming our commitment to environmental and social impact while driving business growth.”

IFC’s Perspective

Riccardo Puliti, IFC’s Regional Vice President for Asia and the Pacific, underscored the importance of sustainable manufacturing in India’s green transition. He remarked, “This partnership demonstrates a shared vision to catalyse climate-smart manufacturing and enhance India’s self-reliance in production.”

About JK Tyre

With a global presence, JK Tyre is one of the top 20 tyre manufacturers worldwide, operating 11 state-of-the-art facilities across India and Mexico. Producing over 35 million tyres annually, the company has pioneered radial tyre technology in India since 1977. Recognised for its environmental, social, and governance (ESG) practices, JK Tyre boasts accolades such as:

  • ESG Excellence: ‘Best in Class’ rating.
  • Safety Standards: ‘Sword of Honour’ by the British Safety Council.
  • Sustainability Recognition: Listed among India’s top 30 most sustainable companies.

IFC’s Role

As a member of the World Bank Group, IFC is dedicated to fostering private sector development in emerging markets. In fiscal year 2024, it committed $56 billion to various projects, demonstrating its influence in driving sustainable growth globally.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JNPA Among Top Global Ports with 10+ Million TEUs Capacity

The Jawaharlal Nehru Port Authority (JNPA), India’s largest container port, is setting new benchmarks in global maritime trade. Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal recently inaugurated multiple capacity enhancement projects worth ₹2,000 crore at the Mumbai-based port. These developments further solidify JNPA’s position among the world’s top ports.

Record-Breaking Milestones at JNPA

  1. Container Handling Growth:
    In 2024, JNPA achieved a historic milestone by handling 7.05 million TEUs (Twenty-Foot Equivalent Units), operating at over 90% capacity. With the upcoming Bharat Mumbai Container Terminal (BMCT) second phase in January 2025 and the upgradation of the Nhava Sheva Freeport Terminal (NSFT), JNPA’s capacity will expand to 10.4 million TEUs by 2027.
  2. Solar and Safety Innovations:
    The launch of a solar-powered boat, two 70T indigenously developed tugs, and three fire tenders enhance port efficiency and safety.

Strategic MoUs and Investments

  1. Vadhavan Port Project:
    MoUs signed for Vadhavan Port include:
  • ₹645 crore investment by Reliance Industries Limited for a Liquid Jetty and 50 acres of land under the PPP model.
  • Partnership with HUDCO for up to ₹25,000 crore funding for port development.
  1. Agro-Processing Facility:
    A state-of-the-art agro-processing facility with a ₹284 crore investment was launched. This 27-acre facility will process 1.2 million tonnes of agricultural cargo annually, benefiting Maharashtra, Madhya Pradesh, and Gujarat.
  2. Warehousing and Community Initiatives:
    A ₹300 crore warehousing facility and a CBSE school within the port premises were announced, reflecting JNPA’s commitment to socio-economic development.

JNPA SEZ: A Game-Changer in Industrial Development

India’s first port-based operational multi-product SEZ, JNPA SEZ, spans 277.38 hectares. Highlights include:

  • 124 hectares leased to 54 units in sectors such as warehousing, food processing, and manufacturing.
  • Leading investors like Welspun One, DP World, and Fine Organics.
  • Significant EXIM trade growth, from ₹13,939 crore in FY 2023-24 to ₹7,314 crore in FY 2024-25 (up to December).

Vision for the Future

Union Minister Sonowal emphasised the importance of future-ready ports to support India’s growing trade volumes. By leveraging innovation and sustainability, JNPA is positioned to drive India’s marine sector towards becoming a global leader.

Conclusion

The ₹2,000 crore capacity expansion projects underscore JNPA’s role as a critical gateway for India’s global trade. With a focus on infrastructure, innovation, and sustainability, JNPA continues to bolster India’s economic growth and competitiveness.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India’s Space Economy to Touch $44 Billion in the Next Decade

The Indian space economy, valued at $8 billion, is set to soar to $44 billion in the next decade, as shared by Dr Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology. Speaking with Shri Vijay Tankha on Sansad TV, Dr Singh credited transformative reforms under PM, Narendra Modi, for opening the space sector to private investment and fostering innovation.

Milestones such as the indigenous Gaganyaan Mission, Chandrayaan-4 (2027), Shukrayaan (2028), and the Indian Space Station (2030) exemplify India’s ambitious space agenda. Startups and foreign direct investment (FDI) have played a crucial role in advancing technologies like docking capabilities through SPADEX and the Vyom Mitra Robo mission, a step toward human space exploration.

Driving Innovation in the Bio-Economy

Dr Singh highlighted the Fourth Industrial Revolution’s potential, which was driven by biomanufacturing and bio-foundries. India’s vast natural resources, ranging from the Himalayas to its extensive coastlines, bolster the country’s bio-economy. He emphasised that India is among the first nations to adopt a dedicated BIO-E3 policy, positioning itself as a global leader in recycling, manufacturing, and startup innovation.

The government’s focus on fostering public-private partnerships, startup participation, and knowledge pooling is key to sustaining this growth. This comprehensive approach enables India to address global challenges while driving economic growth.

Governance and Citizen Empowerment

Under PM Modi’s leadership, India has shifted to a more citizen-centric governance model. Programmes like Mission Karmayogi focus on role-based capacity building for bureaucrats, while digital innovations like face-recognition-enabled life certificates and dynamic online services simplify daily life for citizens.

India’s strides in governance underscore its commitment to leveraging technology for inclusivity and efficiency.

Commitment to Sustainability and Climate Action

Dr Singh reiterated India’s dedication to combating climate change through initiatives like PM Modi’s Mission LiFE (Lifestyle for Environment), which advocates sustainable living practices. India’s efforts to meet global standards in healthcare and environmental sustainability further cement its leadership in addressing health and climate challenges.

India: A Global Partner in Progress

India’s transparency, innovation, and collaborative ethos have established it as a reliable global partner. With a favourable environment for startups and industries, the nation is poised to lead in technology, sustainability, and governance.

Dr Singh’s remarks reflect a future where India’s growth is driven by innovation and inclusivity, laying the foundation for a brighter, more sustainable world.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Reliance Industries Commits ₹645 Crore for Liquid Jetty at Vadhvan Port

Reliance Industries Ltd (RIL) has signed a memorandum of understanding (MoU) with Vadhvan Port Project Ltd (VPPL) for the allocation of a liquid cargo jetty and 50 acres of land at Vadhvan Port. The project is estimated to cost ₹645 crore and will support Reliance’s petrochemical units in Palghar taluka. The development is expected to be operational by 2030.

As of 11:27 AM, on January 22, Reliance Industries Ltd is trading at ₹1,275.30, up by 0.13% today, but down by 15.02% over the past six months and 4.01% over the past year.

Details of Vadhvan Port Project

The Vadhvan port is located in Palghar, Maharashtra, and is being developed under the landlord port model. In this model, the port authority functions as a regulator and landlord, while private companies handle operations. The port will have nine container terminals with a combined capacity of 23.2 million twenty-foot equivalent units (TEUs) annually. 

Seven terminals will have container storage directly behind the quay apron, while the other two terminals will use backup areas located 1 km away.

Public-Private Partnership

Reliance’s liquid jetty and six liquid storage tanks will be developed through a transparent, competitive bidding process under the public-private partnership (PPP) framework. The landlord model will help with revenue sharing between the port authority and private operators.

Capacity and Expansion

The deep water port will feature a 20-meter draft, enabling it to accommodate large container ships with a capacity of over 24,000 TEUs. In addition to container terminals, the port will have multi-purpose berths, liquid bulk berths, and connectivity through an 8-lane road and 2-line rail network.

Equity Stake and Timeline

Jawaharlal Nehru Port Authority (JNPA) holds a 74% stake in the Vadhvan Port project, while the remaining 26% is held by the Maharashtra Maritime Board (MMB). The first phase of the project is expected to be completed by 2029, and the entire port is estimated to be operational by 2030.

Additional Funding 

Housing and Urban Development Corporation (Hudco) has committed up to ₹25,000 crore for the development of ports and other PPP projects, including Vadhvan. Once operational, the port will handle 298 million metric tonnes (MMT) of cargo annually.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing