India Vows Strong Support for Maritime Sector

17 Nov 2023 CW Team

India's commitment to bolster its maritime sector was underscored by Finance Minister Nirmala Sitharaman. Emphasising the government's unwavering determination to support the maritime industry, Sitharaman highlighted the pivotal role it plays in the nation's economic development.

Sitharaman expressed the government's dedication to providing robust backing for the maritime sector, recognising its significance in trade, connectivity, and economic growth. The minister underscored the multifaceted contributions of the maritime industry, ranging from facilitating international trade to enhancing regional connectivity and fostering economic resilience.

The Finance Minister's remarks come at a crucial juncture as India seeks to strengthen its maritime capabilities and leverage its vast coastline for economic advantages. The government's commitment is seen as a strategic move to harness the full potential of the maritime sector in driving economic progress and ensuring national security.

Sitharaman also highlighted the importance of collaborative efforts involving various stakeholders, including the private sector, to propel the maritime industry forward. The government aims to create an enabling environment for maritime businesses to thrive, fostering innovation, investment, and job creation in the sector.

As India strives to enhance its position as a maritime nation, the Finance Minister's assurances signal a comprehensive approach to address challenges and tap into opportunities within the maritime domain. The commitment to supporting the maritime sector aligns with broader economic goals and underscores the government's recognition of the sector's pivotal role in India's journey toward becoming a global economic powerhouse.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..