India Partners Globally To Meet Marine Vision 2047

05 Jun 2025 CW Team

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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..