EAM Jaishankar welcomes India-US trade deal, says “will strengthen ‘Make in India’ endeavors”

India plans to launch 20 inland waterways and boost local container manufacturing. A new scheme will support coastal cargo movement. This aims to reduce empty container imports and promote domestic production. Initiatives will also incentivize shifting cargo from road and rail to waterways.

The Union Budget is set to boost India’s maritime sector and inland waterways. A new Container Manufacturing Assistance Scheme will create jobs and reduce import dependence. Twenty new National Waterways will become operational, promoting greener cargo movement. Training institutes will enhance skills in the waterways sector. These initiatives aim to strengthen India’s logistics and achieve […]

Finance Minister Nirmala Sitharaman announced ambitious plans to boost India’s logistics and infrastructure. A Rs 10,000 crore scheme will foster container manufacturing. New dedicated freight corridors and 20 National Waterways will be operationalized. Coastal shipping and inland waterways will see increased usage. Seaplane manufacturing will also be promoted to enhance connectivity and tourism.

India Budget 2026: Finance Minister Nirmala Sitharaman announced that a single window for cargo clearances will be operational by year-end, streamlining approvals. The validity period for advance customs binding will be extended to five years, and duty exemptions will be provided for fish catch by Indian vessels. Baggage clearance rules for international travelers are also […]