Gadkari urges private innovation in India’s maritime sector

29 Oct 2025 CW Team

Union Minister for Road Transport and Highways Nitin Gadkari addressed the India Maritime Week 2025 in Mumbai, highlighting the theme “Innovative Mechanisms for Ship Financing.”

Gadkari noted that India’s maritime sector, valued at nearly USD 1 trillion (Rs 84 trillion), presents vast investment opportunities across ports, shipping, and logistics. Drawing on his ministry’s success in attracting private capital, he emphasised that similar financial models could transform the maritime industry.

Under the Ministry of Road Transport and Highways (MoRTH), around Rs 1.4 trillion was mobilised through Toll Operate Transfer (ToT), Infrastructure Investment Trusts (InvITs), and Public-Private Partnership (PPP) frameworks. These mechanisms helped raise private participation from 10 per cent to 35 per cent, improving efficiency, accelerating project completion, and reducing fiscal pressure on the government.

Gadkari suggested that such approaches could boost project execution, enhance quality, and encourage private innovation in the maritime space.

He also unveiled the CMEG (RIS) – India Maritime Report 2025–26, titled “Uniting Oceans, One Maritime Vision: India’s Maritime Strides.”

The minister commended Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal for advancing Prime Minister Narendra Modi’s Sagarmala 2.0 vision, which seeks to strengthen shipbuilding, ship repair and recycling, port efficiency, coastal economies, and inland waterways.

Gadkari concluded that with transparent governance, private innovation, and time-bound execution, India can build global confidence in its maritime leadership and position itself as a competitive force in global trade.

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..