The government wants to revolutionize the maritime sector by 2047 with an investment of Rs 80 lakh crore to boost port capacity, shipping and inland waterways. Union Ports, Shipping and Waterways Minister Sarbananda Sonowal gave this information. The new mega ports include Wadhawan in Maharashtra and Galathea Bay in Nicobar.
New Delhi. The government wants to revolutionize the maritime sector by 2047 with an investment of Rs 80 lakh crore to boost port capacity, shipping, shipbuilding and inland waterways. Union Ports, Shipping and Waterways Minister Sarbananda Sonowal gave this information on Monday. He said the major projects include Vizhinjam International Port in Kerala, Wadhawan in Maharashtra and the new mega port at Galathea Bay in Nicobar.
Addressing the 'Sagarmanthan – The Great Oceans Dialogue', he said, “The country has taken advantage of strategic trade routes by 2047 through initiatives such as the India-West Asia-Europe Economic Corridor (IMEC) and the International North-South Transport Corridor.” A target of port loading capacity of 1,000 crore tonnes per year has been set. The Minister of Ports, Shipping and Waterways further said that reviving its heritage of shipbuilding, India is building a National Maritime Heritage Complex at Lothal. He said work is also underway to build clean fuel ships to meet future sustainability goals.
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