India Partners Globally To Meet Marine Vision 2047
PORTS & SHIPPING

India Partners Globally To Meet Marine Vision 2047

Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, announced that India is actively engaging with global maritime leaders to achieve the ambitious targets set under the Maritime India Vision 2047. The statement was made during his visit to Norway, where he is leading the Indian delegation at Nor-Shipping 2025.
As part of this international cooperation, Garden Reach Shipbuilders & Engineers (GRSE) has signed an agreement with Norwegian maritime company Kongsberg to build India’s first Polar Research Vessel (PRV). This marks a significant advancement in India’s marine research and shipbuilding capabilities.
“Discussions with countries experienced in maritime infrastructure development are ongoing. Partnerships aligned with the 2047 vision will be pursued, and best global practices will be adopted across domestic operations,” said Sonowal.
The Maritime India Vision 2047 outlines transformative goals, including increasing annual cargo handling capacity at Indian ports to 10 billion tonnes—four times the current volume. It also targets a 400 per cent rise in inland waterway freight movement, aiming to reach 500 million tonnes per annum by 2047.
India’s strategy involves not only expanding physical capacity but also integrating sustainable and technologically advanced systems to modernise port and shipping operations nationwide.

Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, announced that India is actively engaging with global maritime leaders to achieve the ambitious targets set under the Maritime India Vision 2047. The statement was made during his visit to Norway, where he is leading the Indian delegation at Nor-Shipping 2025.As part of this international cooperation, Garden Reach Shipbuilders & Engineers (GRSE) has signed an agreement with Norwegian maritime company Kongsberg to build India’s first Polar Research Vessel (PRV). This marks a significant advancement in India’s marine research and shipbuilding capabilities.“Discussions with countries experienced in maritime infrastructure development are ongoing. Partnerships aligned with the 2047 vision will be pursued, and best global practices will be adopted across domestic operations,” said Sonowal.The Maritime India Vision 2047 outlines transformative goals, including increasing annual cargo handling capacity at Indian ports to 10 billion tonnes—four times the current volume. It also targets a 400 per cent rise in inland waterway freight movement, aiming to reach 500 million tonnes per annum by 2047.India’s strategy involves not only expanding physical capacity but also integrating sustainable and technologically advanced systems to modernise port and shipping operations nationwide.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement