India will focus on the blue economy and sustainable coastal development for the next 25 years. Prime Minister Narendra Modi highlighted plans for green logistics, port connectivity, and shipbuilding. Indian ports are now among the most efficient globally. Reduced turnaround and dwell times are making them more attractive for international shipping. India aims to strengthen […]
Coastal growth & blue economy priority for 25 years: PM Modi
India has secured an important extension from the US for the sanctions waiver regarding Chabahar Port, now valid until early next year. This port plays a pivotal role in enhancing India’s connectivity with Afghanistan and Central Asia, ensuring ongoing operations that bolster India’s strategic alliances in the area.
A Memorandum of Understanding (MoU) for a capital investment of Rs 17 thousand crores was signed by Gujarat Maritime Board and Gujarat Pipavav Port Limited (APM Terminals) in Gandhinagar on Wednesday in the inspiring presence of Chief Minister Patel and AP Moller-Maersk Board Chairman Robert Maersk Ugla.
Syama Prasad Mookerjee Port, Kolkata announced securing over Rs 48,000 crore in strategic investment partnerships. MoUs were signed during India Maritime Week-2025 in Mumbai. Agreements cover dredging, POL handling, and new container terminals. Partnerships also include cement bulk-terminal and river-front development projects. These collaborations aim to transform the port and enhance trade capacity.
Half of EU FTA deal wrapped up: Piyush Goyal
1 month ago
India and the European Union are nearing a free trade agreement. Negotiations have concluded 10 chapters, with more broadly decided. Sensitive issues like steel and automobiles require further discussion. Both sides aim for a balanced pact, recognizing mutual strengths. The EU trade commissioner’s visit in November is expected to bring further breakthroughs.
India will now allocate tariff rate quotas for gold imports from the UAE through a competitive bidding process. This move aims to enhance transparency and efficiency. Eligible importers must be registered with the Bureau of Indian Standards for hallmarking and with GST.
Next week, Commerce and Industry Minister Piyush Goyal will embark on a visit to New Zealand to engage in productive discussions surrounding a proposed free trade agreement. The goal of the negotiations is to bring the FTA to a robust conclusion, enhancing the rapidly growing bilateral trade between India and New Zealand.
Rajasthan’s exporters are set for a boom in trade with the United Kingdom. A new Free Trade Agreement will make 99 percent of Indian exports duty-free. This move is expected to boost gems, jewellery, handicrafts, and textiles. Jaipur jewellers foresee tough competition for China and Thailand. The agreement promises to reshape India’s export landscape and […]
US President Donald Trump signals a trade deal with India is coming soon. This offers hope for Indian exporters facing steep tariffs. However, concerns remain about Mr. Trump’s unpredictable trade policies. India seeks assurances against future tariff hikes. The deal could boost Indian sectors like pharmaceuticals and IT. Predictability is key for long-term investment.
India’s major ports are set for a complete transformation by 2047. The government plans to shift all cargo handling to public-private partnerships. This move aims to boost efficiency and reduce turnaround times. Ports are also becoming green logistic hubs, developing green hydrogen capacity for production, bunkering, and exports. This initiative will create jobs and drive […]