+
Government Aims for Tenfold Expansion in Domestically Flagged Ships to Strengthen Maritime Capabilities
PORTS & SHIPPING

Government Aims for Tenfold Expansion in Domestically Flagged Ships to Strengthen Maritime Capabilities

In a bold and forward-looking initiative, the Indian government has articulated its vision for a tenfold expansion in domestically flagged ships. This ambitious goal is positioned to significantly augment the country's maritime capabilities, fostering growth in the shipping sector and reinforcing India's standing in the global maritime arena.

The envisioned expansion underscores the government's commitment to nurturing a robust and self-reliant shipping industry. By encouraging a substantial increase in domestically flagged ships, India aims to enhance its maritime prowess, boost trade and logistics, and contribute to the overall economic development of the nation.

This strategic move aligns with the broader objectives of promoting indigenous industries and bolstering self-sufficiency in critical sectors. The emphasis on expanding the fleet of domestically flagged ships reflects a comprehensive approach to fortifying India's maritime infrastructure and ensuring a strong presence in international waters.

As the government envisions a tenfold expansion, it signals a proactive stance towards addressing the evolving needs of the shipping industry. The move is poised to generate employment opportunities, stimulate economic growth, and position India as a formidable player in the global maritime landscape.

The ambitious plan to increase domestically flagged ships showcases a forward-thinking strategy that aims to leverage India's maritime potential fully. The envisioned expansion is not only a strategic economic move but also reinforces the nation's commitment to becoming a key player in the global maritime domain.

In a bold and forward-looking initiative, the Indian government has articulated its vision for a tenfold expansion in domestically flagged ships. This ambitious goal is positioned to significantly augment the country's maritime capabilities, fostering growth in the shipping sector and reinforcing India's standing in the global maritime arena. The envisioned expansion underscores the government's commitment to nurturing a robust and self-reliant shipping industry. By encouraging a substantial increase in domestically flagged ships, India aims to enhance its maritime prowess, boost trade and logistics, and contribute to the overall economic development of the nation. This strategic move aligns with the broader objectives of promoting indigenous industries and bolstering self-sufficiency in critical sectors. The emphasis on expanding the fleet of domestically flagged ships reflects a comprehensive approach to fortifying India's maritime infrastructure and ensuring a strong presence in international waters. As the government envisions a tenfold expansion, it signals a proactive stance towards addressing the evolving needs of the shipping industry. The move is poised to generate employment opportunities, stimulate economic growth, and position India as a formidable player in the global maritime landscape. The ambitious plan to increase domestically flagged ships showcases a forward-thinking strategy that aims to leverage India's maritime potential fully. The envisioned expansion is not only a strategic economic move but also reinforces the nation's commitment to becoming a key player in the global maritime domain.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?