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India's maritime sector is the backbone of its economy. Nearly 95 percent of trade by volume moves through sea routes. The Maritime India Vision 2030 is driving modernization and expansion. Port capacity has doubled, and operational efficiency has sharply improved. Coastal shipping and inland waterways are also seeing significant growth. Long-term plans aim for further development and cost reduction. Nearly 95 per cent of India's trade by volume and about 70 per cent by value moves through mari ...Read More >
New Delhi, Sep 26 (SocialNews.XYZ) India's seafarer workforce has grown from 1.25 lakh a decade ago to over three lakh today, placing the country among the top three global suppliers of trained seafarers, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said on Friday. This creates vast opportunities in navigation, ship operations, logistics, and allied maritime industries both in India and abroad, he added while addressing the 10th convocation of the Indian Maritime Univers ...Read More >
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a comprehensive Rs 69,725 crore package to revitalize India's shipbuilding and maritime ecosystem. The initiative introduces a four-pillar strategy aimed at strengthening domestic capacity, improving long-term financing, promoting greenfield and brownfield shipyard development, enhancing technical capabilities and skilling, and implementing legal, taxation, and policy reforms to create robust maritime infrastructu ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrate ...Read More >
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