Inland Waterways Thrive: ₹6,600 Crore Boost for Infrastructure

22 Dec 2023 CW Team

In a significant development for India's transportation sector, the inland waterways have experienced a remarkable 16% increase in traffic during the fiscal year 2023.

This surge is attributed to a substantial investment of ?6,600 crore dedicated to the development of infrastructure in the sector.

The allocated funds are expected to play a pivotal role in enhancing the country's inland water transport capabilities. Key areas of focus include the improvement of waterway connectivity, modernization of existing infrastructure, and the implementation of advanced technologies to streamline operations.

This positive trend in inland waterways reflects a strategic move towards more sustainable and efficient modes of transportation. It aligns with the broader goal of bolstering India's logistics and trade networks, promoting economic growth, and reducing the carbon footprint associated with traditional transportation methods.

The increased traffic underscores the growing importance of inland water transport in India's overall logistics landscape.

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