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Government aims to reduce logistic costs under Sagarmala Project

Government aims to reduce logistic costs under Sagarmala Project

High logistical cost prevailing in India is the biggest hindrance for Indian businesses on the global level and the Ministry of Shipping will aim to reduce the cost under the Sagarmala Project, said Nitin Gadkari, Union Minister for Shipping, Road Transport and Highways, on the second day of the Maritime India Summit 2016.

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Nitin Gadkari launches Green Highways Policy

Nitin Gadkari launches Green Highways Policy

Union Minister of Road Transport & Highways and Shipping Nitin Gadkari has launched the Green Highways (Plantation, Transplantation, Beautification & Maintenance) Policy, 2015. The aim of the policy is to promote greening of highway corridors with participation of the community, farmers, private sector, NGOs, and government institutions.

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Foreign fleet owners may gain

Foreign fleet owners may gain

An Indian cabinet decision to decentralise shipping arrangements for import of cargo owned or controlled by government departments and state-owned firms will remove an assured business opportunity for local fleet owners.

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SETTING SAIL

SETTING SAIL

Over the past few years, maritime industry has been the centre of focus for the country´s EXIM trade. Indian ports and shipping play a vital role in sustaining the country´s growth in trade and commerce.