India set to attract investments worth Rs 80 lakh crore in coming years: Sonowal

India’s maritime sector is poised for significant growth, with projected investments of Rs 80 lakh crore and the creation of 1.5 crore jobs. The Sagarmala program, with 840 projects underway, is driving this transformation. Key initiatives, including the Vadhavan Port and improvements in port turnaround times, are positioning India as a global maritime leader, with […]

India is set to introduce 40 billion rupees in incentives to revitalise its shipbreaking industry and regain market dominance from Bangladesh and Pakistan. The plan includes credit notes for ship owners, valued at 40% of scrap value, usable for purchasing domestically built ships.

The Noble Walker, a sanctioned vessel carrying Russian oil, has rerouted to India’s Vadinar port after Adani Group banned blacklisted ships from Mundra port. Carrying about a million barrels of Russian crude for HMEL, the vessel was previously headed to Mundra. India has been tightening surveillance on Russian oil vessels after becoming a major buyer.

Syama Prasad Mookerjee Port, Kolkata, inked a 30-year concession with JSW Infrastructure Ltd for a Rs 740-crore project. This involves reconstructing berth 8 and installing rail-mounted quay cranes at berths 7 and 8 in Netaji Subhas Dock. The project aims to enhance container cargo handling with a 25-acre backup area, projecting an annual handling capacity […]

India’s logistics sector braces for a surge in demand as the revamped GST takes effect on September 22, triggering a consumption spike. Automakers, electronics firms, and e-commerce platforms are scrambling to secure trucks and bolster infrastructure to meet the anticipated festive season rush.

Adani Ports & Logistics has officially banned vessels sanctioned by the EU, US, and UK from its ports, responding to increased international oversight of Russian and Iranian shipping, especially oil transported via the shadow fleet. The advisory, issued on September 11, 2025, prohibits sanctioned vessels from entering, berthing, or utilizing port services, aiming to restrict […]

India aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is pioneering with its Shipbuilding, Ship Repair, and Ship Recycling Policy 2025, expecting significant investments and job creation. The nation is focused on green shipping and innovation, partnering with countries like Norway to achieve sustainable […]

Mazagon Dock Shipbuilders and the Indian Navy are commencing negotiations for the Submarine Project-P75(I). The Defence Ministry has already selected Mazagon Dockyards Limited to construct six submarines with German support. The bid was opened earlier this year. Larsen and Toubro will also contribute to building two nuclear attack submarines. This project will enhance India’s naval […]

DP World’s Mundra International Container Terminal achieved a record monthly volume of 142,273 TEUs in August 2025, solidifying its position as a key trade hub. With extensive global connections, Mundra is enhancing supply chain resilience for Indian and international businesses.

In light of Nepal’s ongoing political crisis, SMP Port, Kolkata, has pledged its full support to ensure uninterrupted cargo movement. Nepal relies heavily on Kolkata’s port facilities for its third-country trade, primarily via rail. While no specific requests for assistance have been made yet, the port is prepared to offer accommodations to mitigate any disruptions […]