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Government push makes India’s maritime sector future-ready, unlocking $1 trillion potential”: Sonowal

Government push makes India’s maritime sector future-ready, unlocking $1 trillion potential”: Sonowal

Speaking ahead of India Maritime Week 2025, scheduled from October 27-31, Sonowal said India was committed to building a resilient, sustainable and future-ready maritime ecosystem, unlocking vast avenues for international collaboration. With India entering a new chapter in its maritime journey, the global community must prepare to engage with the significant investment opportunities now emerging,...

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India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament

India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament

The approval of two bills advances the country’s legislative intent to align its shipping laws with global standards. India’s shipping sector received a major legislative boost on Wednesday as Parliament passed two landmark bills introduced by the Ministry of Ports, Shipping and Waterways: the Merchant Shipping Bill, 2025 and the Carriage of Goods by Sea...

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From Trade to Tourism, Sonowal Envisions a New Global Role for BIMSTEC

From Trade to Tourism, Sonowal Envisions a New Global Role for BIMSTEC

Inaugurating the two-day BIMSTEC Ports Conclave, Sarbananda Sonowal also announced the establishment of a Sustainable Maritime Transport Centre aimed at catalysing maritime policies, advancing digital and green transformation, and building the skills and capacity of the region’s maritime workforce. Given India’s “Neighbourhood First” policy, BIMSTEC could serve as a powerful springboard to unlock the immense...

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Major Ports Handle Record Cargo Throughput in FY2025

Major Ports Handle Record Cargo Throughput in FY2025

As India expands its global trade footprint and modernises its logistics infrastructure, the country’s major ports have recorded an impressive 4.3 per cent annual growth in cargo handling, increasing from 819 million tonnes (MT) in FY 2023-24 to 855 MT in FY 2024-25. This growth was driven by higher container throughput (10 per cent), fertiliser...

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Green Shoots of Project Finance!

Green Shoots of Project Finance!

A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...

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InvIT: A preferred vehicle crosses AUM of Rs 4 trillion

InvIT: A preferred vehicle crosses AUM of Rs 4 trillion

InVIT to be a mainstay to achieve National Infrastructure Pipeline The Government has aimed to monetise assets of more than  Rs 6 trillion as per National Infrastructure Pipeline (NIP). InVIT (Infrastructure Investment Trust) will be a mainstay to achieve National Infrastructure Pipeline (NIP) targets for various government departments, explains Vijay Agrawal, Director, Equirus Capital Pvt...

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India’s path to prosperity: The four pillars of growth

India’s path to prosperity: The four pillars of growth

The four pillars of development stand tall as the cornerstones of progress. The four pillars of development – infrastructure, investment, innovation, and inclusion – are not isolated concepts but interlinked elements of India’s progress. Mandeep Singh, COO – Engineering and Contracting Division, Casagrand Premier Builder Ltd, explains how these pillars are contributing to the country’s growth story....

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S N Subrahmanyan, CEO & MD, L&T: Automation and digitalisation is the new normal

S N Subrahmanyan, CEO & MD, L&T: Automation and digitalisation is the new normal

Mumbai Trans Harbour Link (MTHL) that L&T is constructing which will be the country’s longest sea bridge is one of the best examples of the extent of digital technology has been adopted. The team surveys the site using drone photogrammetry to monitor progress, and digital solutions for project monitoring, P&M & material tracking.  S N...