India’s apparel, footwear exports to gain as US hikes tariffs on rival nations: Exporters

JSW Infrastructure has secured a Rs 740-crore port project from Syama Prasad Mookerjee Port Authority to reconstruct berth 8 and mechanize berth 7 at Netaji Subhas Dock. Awarded under the PPP model with a 30-year concession, the project aims to enhance container handling capacity.

India’s shipbuilding sector is set for a big change. HD Korea and Cochin Shipyard Limited have signed a pact. India aims to be among the top shipbuilding nations by 2030. The partnership will boost India’s shipbuilding capabilities. India wants to reduce reliance on foreign vessels. The government is supporting the sector with financial incentives.

Union Minister Sarbananda Sonowal announced the Kaladan Multi-Modal Transit Transport Project, enhancing Northeast India-Myanmar connectivity, will be fully operational by 2027. With a Rs 5,000 crore investment, the government aims to boost waterways and maritime sectors, training 50,000 Northeast youth for maritime jobs.

The Kaladan project, linking India and Myanmar, aims to boost Northeast connectivity. Union Minister Sarbananda Sonowal announced its completion by 2027. This project will shorten the Aizawl-Kolkata distance by 700 km. The Sittwe port is ready, and road development is underway. The project receives significant investment to develop waterways. It will transform the Northeast into […]

India is preparing a new plan. This plan aims to boost Indian ships. The current scheme is likely to miss targets. The government wants to be a key maritime player. Consultations identify demand for 200 new ships. These ships are worth ₹1.3 lakh crore. The petroleum, steel, and fertiliser sectors need them. The goal is […]