India cruising along on path to become a global maritime leader: Shipping Minister Sonowal

India cruising along on path to become a global maritime leader: Shipping Minister Sonowal

2 years ago
Union Minister Sonowal stated that India is making significant strides in the global maritime sector and will soon become a world leader. He emphasized the importance of port-led industrialization for employment generation and overall development. Sonowal mentioned the Sagarmala program and Gati Shakti Masterplan as initiatives that have improved logistics and facilitated port-led industrialization.
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Meet next week to assess impact of Red Sea crisis on India’s trade

2 years ago
​​Officials are looking at the possibility of diverting some inventories to Australia and other countries to minimise this impact. The commerce and industry ministry has already had consultations with stakeholders on the issue on January 4 when traders, shippers, container firms and freight forwarders said that freight and insurance costs had increased because of the […]
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Inter-ministerial meet next week to discuss ways to insulate India’s trade from Red Sea crisis

2 years ago
An inter-ministerial group, consisting of officials from various departments and ministries, is set to meet next week to discuss the impact of the Red Sea crisis on India’s trade. The recent attacks by Yemen-based Houthi militants have disrupted the shipping route through the Bab-el-Mandeb Strait, prompting shippers to take a longer route through the Cape […]
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Rajnath Singh, David Cameron appreciate momentum of India-UK partnership

2 years ago
Defence Minister Rajnath Singh, visiting the UK, met with British Foreign Secretary David Cameron to enhance bilateral ties. Discussions focused on integrating India-UK defence industries, emphasizing startup-level interaction, and joint project implementation. Singh highlighted the importance of supply chain integration for resilience. The UK expressed its desire for defence collaboration, with plans for the Littoral […]
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India-UAE launch CEPA council to push business partnership

2 years ago
The UAE-India Business Summit, themed “Two Nations, One Vision,” occurred at the Vibrant Gujarat Global Summit 2024, marking a pivotal moment in their economic partnership. The event featured the ceremonial launch of the UAE-India CEPA Council (UICC), aiming to enhance strategic cooperation, particularly in industries like startups, women entrepreneurs, and MSMEs. Driven by a shared […]
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