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Abtak.com - Business - News Image
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BusinessOct 28, 2025 05:31 AM

Maharashtra bags Rs 56,000 cr investment commitments in maritime sector

Maharashtra has signed 15 agreements totaling Rs 56,000 crore for maritime projects. These investments will expand port facilities and develop shipyards. Agreements include Adani Group's Dighi port expansion and JSW Group's Jaigad port development. A water taxi service will connect Navi Mumbai airport to Gateway of India. A new marina is also planned for Mumbai. Chief Minister Devendra Fadnavis on Monday announced that Maharashtra has signed 15 agreements totalling investments of Rs 56,000 cror ...Read More >

Hindustan Times - Business - News Image
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BusinessOct 28, 2025 05:12 AM

Maha signs ₹42,500 crore MoU with Adani for expansion of Dighi port

Mumbai: The state government on Monday signed as many as 15 memorandums of understanding (MoUs) worth ₹55,969 crore, coinciding with the first day of the India Maritime Week 2025. The MoUs, all related to maritime trade and industry, were signed in the presence of chief minister Devendra Fadnavis at the NESCO Exhibition Centre in Mumbai. The biggest MoU, worth ₹42,500 crore, was signed with Adani Ports and Special Economic Zone (APSEZ), for expansion of the port at Dighi. APSEZ had acquired 100 ...Read More >

Free Press Journal - Business - News Image
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BusinessOct 28, 2025 02:28 AM

Maharashtra Signs ₹56,000 Crore MoUs To Boost Maritime Trade & Industry

Mumbai: Chief Minister Devendra Fadnavis expressed confidence that Maharashtra will lead the country in the fields of maritime trade and industry through the Memorandums of Understanding (MoUs) signed today. A total of 15 MoUs were signed in the presence of the Chief Minister during India Maritime Week 2025, held at NESCO, Goregaon. Also present were Fisheries and Ports Minister Nitesh Rane, Additional Chief Secretary (Ports) Sanjay Sethi, CEO of Maharashtra Maritime Board P. Pradeep, and repre ...Read More >

Abtak.com - Business - News Image
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BusinessOct 28, 2025 01:34 AM

Maritime sector drives India's economic surge as 95% of trade moves through sea routes

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 >

ExBulletin - Business - News Image
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BusinessOct 27, 2025 11:21 PM

PM Modi to address Indian Maritime Week in special plenary session on Wednesday - ExBulletin

Mumbai (Maharashtra) [India]October 27 (ANI): Prime Minister Narendra Modi will visit the Indian Maritime Week (IMW) 2025 on October 29, where he will visit exhibition centers and experience zones before addressing a global gathering, Union Minister for Shipping, Ports and Waterways Sarbananda Sonowal said on Monday. The historic maritime event, inaugurated by Union Home Minister Amit Shah, attracted participation from over 85 countries, with participation of over 350 speakers from across the w ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 27, 2025 10:27 PM

Gadkari highlights investment potential in India's maritime sector

Mumbai, Oct 27 (SocialNews.XYZ) Union Road Transport and Highways Minister Nitin Gadkari on Monday highlighted that India's maritime sector, valued at nearly $1 trillion (Rs 84 lakh crore), holds immense investment potential in ports, shipping, and logistics. The minister was addressing the India Maritime Week 2025 here, focusing on the theme "Innovative Mechanisms for Ship Financing". Drawing from the success of the Ministry of Road Transport and Highways (MoRTH) in mobilising Rs 1.4 lakh cro ...Read More >

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BusinessOct 27, 2025 09:29 PM

India News | Union Home Minister Amit Shah Inaugurates 'India Maritime Week - 2025' in Mumbai | Late...

Mumbai (Maharashtra) [India], October 27 (ANI): Union Home Minister and Minister of Cooperation Amit Shah inaugurated the 'India Maritime Week - 2025' in Mumbai, Maharashtra, on Monday. On this occasion, Maharashtra Chief Minister Devendra Fadnavis, Gujarat Chief Minister Bhupendra Patel, Goa Chief Minister Pramod Sawant, Odisha Chief Minister Mohan Charan Majhi, Maharashtra Deputy Chief Ministers Eknath Shinde and Ajit Pawar, and Union Minister for Ports, Shipping, and Waterways Sarbananda Son ...Read More >

KalingaTV - Business - News Image
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BusinessOct 27, 2025 07:44 PM

Odisha showcases its Maritime Vision at India Maritime Week 2025 in Mumbai, Inks MoUs worth Rs 50,00...

Mumbai: "Odisha is committed to building a Strong Port-Led & Port-Based Economy & will transform our ports into engines of trade, industry, and employment -- driving India's growth journey for the next 25 years," said Chief Minister Mohan Charan Majhi, at the India Maritime Week 2025, being held Mumbai. Chief Minister of Odisha Mohan Charan Majhi joined the inaugural session of India Maritime Week (IMW) 2025, alongside Union Home Minister Amit Shah, who graced the occasion as Chief Guest. The ...Read More >

Asian News International (ANI) - Politics - News Image
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PoliticsOct 27, 2025 06:18 PM

Gujarat adopted path of 'Samudra Se Samriddhi', under guidance of PM: CM Bhupendra Patel

Gandhinagar (Gujarat) [India] October 27 (ANI): Gujarat Chief Minister Bhupendra Patel, at the inauguration of India Maritime Week 2025 in Mumbai, stated that under the leadership and guidance of Prime Minister Narendra Modi, Gujarat has embraced the path of 'Samudra Se Samriddhi' and transformed its ports into gateways of prosperity. The Chief Minister delivered an impactful presentation on Gujarat's maritime sector at the inaugural session of India Maritime Week 2025, organised by the Ministr ...Read More >

Asian News International (ANI) - Politics - News Image
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PoliticsOct 27, 2025 02:01 PM

India setting new benchmarks in maritime sector: Sarbananda Sonowal

Mumbai (Maharashtra) [India], October 27 (ANI): The maritime sector stands as one of the strongest pillars of Viksit Bharat, Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways, said while addressing the India Maritime Week 2025 inauguration event here on Monday. He added that under the leadership of Prime Minister Narendra Modi, India is setting new benchmarks in the maritime domain. "We have come a long way since the earlier editions of this event. It has grown significantly, wi ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 27, 2025 01:27 PM

India emerging as powerhouse in maritime field globally, says Amit Shah

Mumbai, Oct 27 (SocialNews.XYZ) Union Home Minister Amit Shah on Monday said that due to the reforms undertaken by the Modi government in the maritime sector, India is emerging as a powerhouse in the maritime field globally. "Prime Minister Narendra Modi's maritime vision is based on these three pillars -- security, stability, and self-reliance," he stated in his inaugural address at the India Maritime Week conference cum exhibition. "India is playing the role of a bridge between the Indo-Paci ...Read More >

OpIndia - Business - News Image
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BusinessOct 26, 2025 09:02 PM

India Maritime Week 2025: World's largest maritime gathering begins on Monday in Mumbai

India Maritime Week 2025: World's largest maritime gathering begins on Monday in Mumbai, Adani Ports to sign several MoUs with multiple Port Authorities The Ministry of Ports, Shipping and Waterways (MoPSW) is gearing up to host India Maritime Week 2025 (IMW 2025) from October 27 to 31 at the NESCO Grounds in Mumbai. According to a statement by the Ministry of Ports, Shipping and Waterways, this will be the largest maritime gathering globally, bringing together key stakeholders from across the ...Read More >

Abtak.com - Business - News Image
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BusinessOct 25, 2025 11:33 AM

GSL launches two fast patrol vessels for Coast Guard | Goa News - The Times of India

Panaji: Goa Shipyard Limited (GSL) launched two fast patrol vessels (FPVs) for the Indian Coast Guard (ICG) -- ICGS Ajit and ICGS Aparajit -- on Friday, making the 320-tonne vessels the last two ships in the series of eight FPVs being indigenously built for the ICG."The launch marks the completion of all eight FPV launches and a historical feat of 10 coast guard ships launching and two deliveries in the last 14 months at GSL. In total, these are the 42nd and 43rd Coast Guard ships built by GSL," ...Read More >

Abtak.com - Business - News Image
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BusinessOct 25, 2025 12:34 AM

Cochin Shipyard delivers first of eight warship 'Mahe' to Indian Navy

Cochin Shipyard Limited has delivered 'Mahe', the first of eight Anti-Submarine Warfare Shallow Water Craft, to the Indian Navy. This warship is the largest Indian Naval vessel propelled by a Diesel Engine-Waterjet combination. It is designed for underwater surveillance and search and rescue operations. The induction of these ships will significantly boost the Navy's shallow water anti-submarine warfare capabilities. Cochin Shipyard Limited on Thursday delivered 'Mahe', the first of the eight A ...Read More >

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BusinessOct 24, 2025 11:21 PM

India News | Delivery of 'Mahe' - First Anti-submarine Warfare Shallow Water Craft Built by CSL, Koc...

Kochi (Kerala) [India], October 24 (ANI): 'Mahe', which is the first of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWC) being built by Cochin Shipyard Limited (CSL), Kochi, was delivered to the Indian Navy on Friday, as per a press release by the Ministry of Defence. 'Mahe', named after the historic port town in the Union Territory of Puducherry, symbolises India's rich maritime heritage. Also Read | Bihar Assembly Elections 2025: Election Commission Asks Parties To Disclose if Cam ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 24, 2025 09:31 PM

Coast Guard launches 2 Fast Patrol Vessels Ajit, Aparajit in Goa

New Delhi, Oct 24 (SocialNews.XYZ) The Indian Coast Guard (ICG) on Friday launched two advanced Fast Patrol Vessels (FPVs), ICG Ship Ajit and ICGS Aparajit, at Goa Shipyard Limited (GSL). These vessels are the seventh and eighth in a series of eight indigenously built FPVs being constructed by GSL for the ICG, marking an important step forward in enhancing the nation's coastal surveillance and response capabilities, said an official statement. Designed and built entirely by GSL, the FPVs refle ...Read More >

Abtak.com - Business - News Image
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BusinessOct 23, 2025 03:32 AM

India's 11.28 Trillion Won Shipbuilding Push Seeks South Korean Collaboration

South Korean firms explore partnerships as India invests heavily to develop domestic shipbuilding capabilities As the Indian government announces massive policy funding to develop the shipbuilding industry into a national strategic business, South Korean shipbuilders are expected to benefit. India is in urgent need of skilled overseas partners to enhance its shipbuilding capabilities. South Korea, with strengths in high-value-added and eco-friendly ship construction and no security issues with ...Read More >

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BusinessOct 22, 2025 05:19 PM

Business News | AMET University Hosts IAMU's 25th Annual General Assembly, Welcoming 162 Maritime Le...

Chennai (Tamil Nadu) [India], October 22: AMET University, India's premier maritime institution, successfully hosted the 25th Annual General Assembly (AGA25) of the International Association of Maritime Universities (IAMU) from October 13 -18, 2025, marking the first time this prestigious global event has been held in India. Also Read | Real Madrid vs Juventus UEFA Champions League 2025-26 Live Streaming Online & Match Time in India: How To Watch UCL Match Live Telecast on TV & Football Score U ...Read More >

Abtak.com - Business - News Image
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BusinessOct 20, 2025 09:34 AM

Dredge Godavari, owned by Visakhapatnam-based DCIL, launched at Chochin Shipyard Limited

Officials at the launch of India's largest dredger, Dredge Godavari, at the Chochin Shipyard Limited on October 18, 2025 (Saturday). Dredge Godavari, India's largest dredger, owned by Visakhapatnam-based Dredging Corporation of India Limited (DCIL), was launched at the Cochin Shipyard Limited (CSL) by DCIL Chairman M. Angamuthu on October 18, 2025 (Saturday). Currently, the DCIL caters to 60 million cubic metres of dredging out of a total 120 million cubic metres. With the addition of Dredge G ...Read More >

The New Indian Express - Business - News Image
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BusinessOct 20, 2025 09:20 AM

Cochin Shipyard keen on building capacity and credibility, says CMD

"KOCHI: The Cochin Shipyard Ltd (CSL) is keen on building capacity, confidence and credibility, said chairman and managing director (CMD) Madhu S Nair. "We were the first greenfield shipyard in India, the first to build large ships in India and we collaborated with the Indian Navy to build the nation's first aircraft carrier. We launched a warship with more than 90% indigenous content, from design to equipment. "India's maritime story is no longer about building ships, but about building capac ...Read More >

ETV Bharat News - Business - News Image
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BusinessOct 19, 2025 12:15 AM

INS Magdala Launched At Cochin Shipyard Limited

New Delhi: The sixth vessel (Named as INS Magdala) in the series of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWC) was launched on Saturday at Cochin Shipyard Limited (CSL), Kochi, the Ministry of Defence said in a press release. The ship was launched by Renu Rajaram in the presence of Vice Admiral Rajaram Swaminathan, Controller of Warship Production and Acquisition (CWP&A), along with senior officials from the Indian Navy and CSL. This ship is indigenously designed and built by ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 18, 2025 11:28 PM

INS Magdala launched at Cochin Shipyard Limited

New Delhi [India], October 18 (ANI): The sixth vessel (Named as INS Magdala) in the series of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWC) was launched on Saturday at Cochin Shipyard Limited (CSL), Kochi, the Ministry of Defence said in a press release. In keeping with naval maritime tradition, the ship was launched by Renu Rajaram in the presence of Vice Admiral Rajaram Swaminathan, Controller of Warship Production and Acquisition (CWP&A), along with senior officials from the In ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 18, 2025 09:29 PM

Cochin Shipyard launches three advanced vessels, boosting India's maritime strength

Kochi, Oct 18 (SocialNews.XYZ) Cochin Shipyard Limited (CSL), India's leading shipbuilder under the Ministry of Ports, Shipping and Waterways, marked a significant milestone on Saturday with the simultaneous launch of three state-of-the-art vessels -- an Anti-Submarine Warfare Shallow Water Craft (ASW SWC), a Hybrid Electric Methanol-Ready Commissioning Service Operation Vessel (CSOV), and the country's largest Trailer Suction Hopper Dredger, DCI Dredge Godavari. The triple launch underlines In ...Read More >

Abtak.com - Business - News Image
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BusinessOct 17, 2025 02:31 AM

Cochin Shipyard to launch three vessels, including Anti-Submarine Warfare craft for Navy

Cochin Shipyard Limited is launching three advanced vessels. These include an Anti-Submarine Warfare Shallow Water Craft for the Indian Navy. A Hybrid Electric Methanol-Ready Commissioning Service Operation Vessel and India's largest Trailer Suction Hopper Dredger are also being launched. These launches highlight India's engineering prowess and commitment to sustainable maritime development. Cochin Shipyard Limited (CSL), a public-sector shipbuilder, will launch three technologically advanced v ...Read More >

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BusinessOct 17, 2025 01:48 AM

Cochin Shipyard to launch three advanced vessels, showcasing India's maritime prowess

Kochi, Oct 16 (UNI) Cochin Shipyard Limited (CSL), one of India's premier shipbuilders, is set to achieve a landmark milestone in the nation's shipbuilding and maritime engineering sector with the simultaneous launch of three technologically advanced vessels: the Anti-Submarine Warfare Shallow Water Craft (ASW SWC), the Hybrid Electric Methanol-Ready Commissioning Service Operation Vessel (CSOV), and India's largest Trailer Suction Hopper Dredger, DCI Dredge Godavari. ...Read More >

Abtak.com - Business - News Image
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BusinessOct 16, 2025 03:33 PM

Centre's Rs 69,275 crore package poised to propel India's shipbuilding industry

Cochin Shipyard and Mazagon Dock signed MoUs with Tamil Nadu agencies to set up major shipbuilding complexes. Image: Pixabay | representational With the government announcing investments to the tune of Rs 69,725 crore for shipbuilding and maritime reform in India this year, the sector is entering a promising phase of growth. Shipbuilding, often termed the "mother of heavy engineering", plays a central role by generating employment, attracting investment, and strengthening national security and ...Read More >

LatestLY - Business - News Image
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BusinessOct 16, 2025 03:27 PM

Business News | India's Shipbuilding Sector Sets Sail for Global Leadership | LatestLY

New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. Also Read | OnePlus 15, OnePlus Ace 6 Launch Expected in China on Octobe ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 16, 2025 02:52 PM

India's Shipbuilding Sector Sets Sail for Global Leadership

PNN New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. A Sea of Opportunity Despite having one of the world's longest coa ...Read More >

NewsDrum - Business - News Image
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BusinessOct 15, 2025 09:29 PM

CMA CGM Group signs pact for six LNG-powered vessels to be built at Cochin Shipyard

Mumbai, Oct 15 (PTI) Global shipping and logistics operator CMA CGM Group on Wednesday said it has signed a letter of intent for six LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in line with its fleet renewal and energy transition strategy. This strategic move makes the Group the first major foreign carrier to commission LNG vessels from an Indian shipyard, the company said, adding that the containerships will be delivered from 2029 to 2031. All six vessels will be r ...Read More >

ODISHA BYTES - Politics - News Image
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PoliticsOct 06, 2025 06:08 PM

Navy Adds Punch To Anti-Submarine Warfare Capabilities; Commissions Second ASW SWC

Kolkata/Visakhapatnam: The Navy added punch to its anti-submarine warfare capabilities by commissioning INS Androth, its second Anti-Submarine Warfare Shallow Water Craft (ASW SWC), at the Naval Dockyard in Visakhapatnam on Monday. INS Androth is the second in a series of eight ASW SWCs being built by Garden Reach Shipbuilders and Engineers (GRSE) Ltd for the Navy. The first ship of the series - INS Arnala - was commissioned on June 18 this year. INS Androth was delivered by GRSE on September ...Read More >

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