Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal has been giving a push to India’s maritime sector through several initiatives, including modernisation and setting guidelines for public-private partnership projects.
Port handles over 80 MMTPA of cargo in 2023-24 fiscal thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
India Business News: VISAKHAPATNAM: The Visakhapatnam Port Authority (VPA) has set a new cargo handling record by surpassing 80 million metric tonnes per annum (MMTPA) jus.
India s Viksit Bharat vision seeks to transform the country into a developed nation by 2047. The maritime sector, including the blue economy, is crucial for economic growth. Initiatives like the Amrit Kaal Vision 2047, Ports for Prosperity and Ports for Progress, and the Sagarmala initiative aim to enhance port facilities and promote sustainable practices. The convergence of Industry 4.
India s maritime sector has significant growth potential, and there s room for increased collaboration with Europe, said TK Ramachandran, Secretary of the Ministry of Ports, Shipping, and Waterways. Speaking at the 2nd CII India Europe Business and Sustainability Conclave, he highlighted the India-Middle-East-Europe Connectivity Corridor s potential and opportunities for collaboration in shipbuilding and green ports.