+
India Vows Strong Support for Maritime Sector
PORTS & SHIPPING

India Vows Strong Support for Maritime Sector

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.


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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code