Union Minister Leads Pre-Budget Meeting to Boost India’s Maritime Sector

Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal led a pre-Budget meeting on Monday with various industry stakeholders to discuss the advancement of India’s maritime sector, as per an official statement. Emphasizing the government’s commitment to fostering a collaborative environment, Sonowal encouraged stakeholders to share their suggestions and ideas to contribute to the nation-building efforts.

Sonowal highlighted the Ministry’s goal of developing sustainable, world-class maritime and inland waterways infrastructure to enhance EXIM trade and drive economic growth. He stressed the government’s strategic focus on building a strong maritime ecosystem that promotes economic growth while prioritizing environmental sustainability. Initiatives such as the Vadhavan Mega Transshipment Port and the Cruise India Mission aim to establish India as a global maritime hub.

Over 150 stakeholders from major ports, the shipping sector, IWAI, DG Shipping, and organizations like FICCI, CII, and Assocham participated in the meeting. The engagement with industry leaders such as Maersk, DP World, and TCI Seaways underscores the importance of collaboration in shaping the future of India’s maritime sector.

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