Four bills related to maritime sector to change Indian shipping industry’s advancement

India’s Maritime Vision 2047: Expanding Port Capacity and Inland Waterways for Future Growth

By 2047, India aims to quadruple its port capacity to handle 10,000 million tons of cargo annually. Union Minister Sarbananda Sonowal emphasized the importance of international partnerships in enhancing maritime infrastructure, including a collaboration with Norway’s Kongsberg to build India’s first Polar Research Vessel, aligning with the Maritime India Vision 2047.

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Cargo traffic in major ports fell 1.96 percent to 64.63 tons in June

India to Expand Port Capacity Sixfold to Boost Maritime Capabilities

India is gearing up to boost its maritime capacity significantly, aiming to expand port capacity to 10,000 million tonnes per annum by 2047. This ambitious initiative, announced by Union Minister Sarbananda Sonowal, highlights India’s goal to become a global shipping hub. The move underscores the country’s commitment to enhancing its maritime capabilities.

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