The Adani Group will invest Rs 42,500 crore to expand Dighi Port in Maharashtra. This is part of a larger Rs 56,000 crore investment across 15 agreements signed by the state government. These deals aim to boost port development, shipbuilding, and maritime infrastructure. The initiative seeks to make Maharashtra a maritime superpower.
Adani Group to top-up Dighi Port bet with another Rs 42,500 cr investment
Maharashtra has signed 15 agreements totaling Rs 56,000 crore for maritime projects. These investments will expand port facilities and develop shipyards. Agreements include Adani Group’s Dighi port expansion and JSW Group’s Jaigad port development. A water taxi service will connect Navi Mumbai airport to Gateway of India. A new marina is also planned for Mumbai.
Great Nicobar Project will increase India’s maritime world trade multiple times: Amit Shah
1 month ago
Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island Development Project will significantly boost India’s maritime trade, multiplying its global share in the sector. Speaking at the inauguration of India Maritime Week 2025, Shah said India’s democratic stability, naval strength, and strategic position between the Indo-Pacific and the Global […]
Jaishankar, Rubio discuss trade talks
1 month ago
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio in Kuala Lumpur. They discussed regional geopolitics and global issues. West Asia and Ukraine were key topics. Energy ties and trade deal progress were also on the agenda. The meeting covered bilateral ties and broader international matters.
Sweden is enhancing its footprint in India. According to Ambassador Jan Thesleff, a five-year roadmap has been established to double the influx of Swedish investments and job opportunities. With more than 280 Swedish enterprises currently operational, emphasizing innovation and manufacturing, this growth aligns seamlessly with India’s ‘Make in India’ initiative.
At East Asia Summit, India flags concerns over ‘constricted’ energy trade, market access issues
1 month ago
India voiced serious concerns regarding restricted energy trade and market access issues. External Affairs Minister S Jaishankar highlighted selective norm application and growing supply chain unreliability. He also stressed a zero-tolerance policy towards terrorism. These remarks come amid India’s procurement of Russian crude oil, a point of contention with the US.
India’s foreign trade arm, DGFT, is launching a pilot of Bharat Aayat Niryat Lab Setu. This digital platform will connect testing and inspection agencies nationwide. Exporters and importers can submit applications for product testing from November 11. The system aims to speed up certification, improve traceability, and boost trust in India’s quality standards.
India and Germany reaffirmed their strategic partnership and commitment to an early conclusion of the India-EU free trade agreement during Commerce Minister Piyush Goyal’s visit to Brussels. Discussions also covered market access, non-tariff measures, and regulatory cooperation as both sides aim to finalize the pact by December.
iPhone boom powers India’s electronics exports to record highs, set to overtake petroleum
1 month ago
India’s electronics exports are surging. They are set to become the country’s second-largest export category, potentially replacing petroleum products. This growth is driven by global shifts and strong performance, with electronics now the fastest-growing sector. Experts predict this trend will continue, doubling exports in the coming years. This marks a significant shift in India’s trade […]
German Foreign Minister Johann Wadephul is traveling to Brussels for crucial meetings. He will engage with NATO’s Secretary General Mark Rutte and European Union leaders. Discussions will focus on Ukraine’s support and European security. Indian Trade Minister Piyush Goyal will also be present for trade talks. This visit follows a postponed trip to China, highlighting […]