Minsiter Sonowal reviews progress of maritime projects worth ₹1 trillion

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₹1 trillion. In attendance were Union minister of state for Ports, Shipping & Waterways and Tourism, Shripad Naik, and Union minister of state for Ports, Shipping & Waterways, Shantanu Thakur, along with senior officials from major Indian ports and various public sector undertakings (PSUs).

Sonowal highlighted India's pivotal moment in the maritime sector and the nation's ambition to rank its ports among the world's top 25. The 'Panch Karma Sankalp' approach, introduced during the 'Chintan Shivir' in May 2023, was noted as a guiding framework for "realising the goal of India becoming the global leader in the maritime sector by 2047." The meeting also followed up on the successful Global Maritime India Summit 2023, which concluded with 360 Memorandums of Understanding (MoUs) valued at ₹10 trillion.

“We are setting up a monthly review mechanism to keep a tab on the progress of all these initiatives as well as timely review of Maritime India Vision 2030 as well as Maritime Amrit Kaal Vision 2047," the minister said. Sonowal highlighted India's strides in green maritime developments, including the imminent construction of 'Made In India' green tugs and the establishment of green hydrogen hubs at strategic ports, underpinning India's commitment to green energy and its potential to become one of the world's top three economies.

Significant port development projects, like Vadhavan Port and development of cruise terminals, were discussed. The minister urged ports to compete globally and directed them to publicize their green initiatives internationally.