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Alang-Gujarat’s ship recycling industry eyes 10% CAGR by CY28
As newer, more efficient vessels are introduced, older ships become increasingly unviable for operation.Read more
Ship-building clusters to be established in five states; Sarbananda Sonowal
The ministry projects that container handling capacity will reach 40 million TEUs (twenty-foot equivalent units) over the next five years, creating approximately 2 million job opportunities nationwide.Read more
MoPSW to develop new shipbuilding scheme to incentivise Indian shipyards till 2035
Additionally, global cruise giant MSC Cruises has shown interest in deploying ships for domestic routes in India. Read more
Using waterways to reduce manufacturers’ carbon footprint
Manufacturers need to embrace innovative logistics solutions by integrating waterways into their supply chains. Partha Dash explains the untapped potential of waterways and its cost saving benefits for the manufacturing sectorRead more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
Minister assigns top priority to critical projects of the Northeast by Jan, 2024
Sarbananda Sonowal chaired a meeting of the Ministry of Ports, Shipping & Waterways (MoPSW) and Ministry of Ayush (MoA) to review the ongoing projects of both the ministries in the Northeast region.Read more
NGEL, Chidambaranar Port signs MoU to develop green hydrogen hub
The MoU was signed by V V Sivakumar, GM (NGEL) and V Suresh Babu, CME (VOCPA) in the presence of Bimal Kumar Jha, Dy Chairman and Chairman (I/c) (VOCPA) and other senior officials.Read more
Mansukh Mandaviya: Need to develop a comprehensive approach towards logistics
The whole gamut of logistics including movement of goods by road rail and inland waterways needed to be developed in tandem.Read more