This week saw the Indian maritime sector making significant strides, including the IRS and SeaTech Solutions’ MoU for green tugboat development, a six-fold increase in waterway cargo transport, and the launch of ROV projects in Kerala. These advancements reflect a commitment to sustainability and innovation within the industry.
In the last decade, cargo transportation via waterways has seen a significant sixfold increase, reaching 132.9 million tonnes in FY24. With ambitious government targets to transport 200 million tonnes by FY30 and 500 million tonnes by FY2047, projects like the Jal Marg Vikas Project are crucial in enhancing the efficiency of waterway transportation in India.
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