India Signs Rs 12 Trillion Maritime MoUs at IMW 2025

04 Nov 2025 CW Team

Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal announced on Thursday that 600 memorandums of understanding (MoUs) worth Rs 12 trillion in investment proposals were signed during India Maritime Week 2025 (IMW 2025). The agreements mark a major step towards transforming India into a global maritime superpower.

Addressing the media, Sonowal said that CEOs of 11 leading global shipping companies participated in IMW 2025, which began on 27 October at the Bombay Exhibition Centre and concludes on Friday.

He reaffirmed the Narendra Modi government’s commitment to expanding and modernising India’s port infrastructure to ensure that the country is equipped to handle future maritime challenges.

Providing further details, Vijay Kumar, Secretary, Ministry of Ports, Shipping and Waterways, said that 30 per cent of the MoUs signed are aimed at port development and modernisation, while 20 per cent focus on green shipping initiatives. Another 20 per cent are dedicated to domestic shipbuilding, 20 per cent to port-led industrialisation, and 10 per cent to trade promotion, business expansion, and skill development.

The five-day event serves as a platform to highlight India’s maritime ambitions and attract domestic and international investment. It also showcases the government’s recent policy reforms and fiscal incentives designed to strengthen the sector’s competitiveness.

Sonowal added that these collaborations underscore India’s growing importance in global trade and logistics, reaffirming its vision of becoming a maritime powerhouse under the Maritime India Vision 2030 framework.

Infrastructure Urban

14 Nov 2025

CM Inaugurates Rs 3.7 Billion Vilholi Water Treatment Plant in Nashik

Chief Minister Devendra Fadnavis inaugurated the Nashik Municipal Corporation’s 274 MLD Vilholi Water Treatment Plant and the upgraded Mukane water supply scheme, a Rs 3.7 billion project designed to provide a reliable and sustainable water supply to more than 55 lakh residents. The system will also cater to over 1 crore visitors expected during the 2027 Simhastha Kumbh Mela.Funded partly through Rs 2 billion Green Sustainable Bonds, the project strengthens Nashik’s long-term water security, ensures year-round availability, and enhances the city’s preparedness for peak tourist inflow. It..

Indian Speciality Chemical Industry Poised for Strong Global Growth

The International Center for Biosaline Agriculture (ICBA), in partnership with Al Rostamani Group, has inaugurated three major facilities at its Dubai headquarters: a Training and Knowledge Transfer Building, a Plant Tissue Culture Laboratory, and an Integrated Agri-Aquaculture System. The launch took place in the presence of H.E. Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, marking a significant step forward in strengthening the UAE’s agricultural innovation ecosystem.Fully funded by Al Rostamani Group, the new facilities reinforce ICBA’s role as a leading ..

Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten ye..