National Waterways regulations to open new borders for private players: Center

India’s National Waterways Initiative to Boost Private Investment and Infrastructure by 2025

The national waterways project, expected to be completed by 2025, aims to attract private sector investments for terminal construction and streamlining processes within India’s waterway network. The government hopes this will increase private entity involvement, boost infrastructure development, and enhance business operations, aligning with the Prime Minister’s vision for sustainable growth.

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India aims to convert all fleet running on inland waterways to green fuels

India’s Initiatives to Boost Private Investment in Maritime Sector

Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal stressed the importance of creating a favorable environment to attract private investment in the maritime sector. The government is focusing on infrastructure development and skilled manpower to make the sector more appealing to investors. Sonowal highlighted the advantages of cost-effective transportation and environmental friendliness in the maritime sector.

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