Minister of Ports, Shipping & Waterways chairs mid-term review meet

20 Nov 2023 CW Team

Major programmes of the Ministry including its flagship programme Sagarmala as well as other prominent programmes were reviewed. The meet also inquired about the progress of 162 projects with an investment outlay of Rs 1 trillion. The Union Minister of State for Ports, Shipping & Waterways, Shantanu Thakur also participated in the deliberations along with the senior officials of major Indian ports, various PSUs, as well as other senior officials of the Ministry.

Speaking on the occasion, Sonowal said, ?India is standing at an extremely important stage towards becoming a global leader of maritime sector. Under the dynamic leadership of Prime Minister Narendra Modi ji, the Maritime Amritkaal Vision, 2047 was launched exactly a month ago at the Global Maritime India Summit in Mumbai. The document is a manifestation of Modi ji?s vision towards enabling India?s ports, empowering shipping sector and rejuvenating waterways with an ultimate goal to turn India into global power in the maritime sector. We are working to make our ports break into the top 25 ports of the world. We must stick to the ?Panch Karma Sankalp? while aiming to execute the letter and spirit of the Vision Document towards realising the goal of India becoming the global leader in the maritime sector by 2047.?

The meeting opens up an opportunity to review the holistic progress made under the 'Panch Karma Sankalp' announced during the 'Chintan Shivir' in May 2023. It is to be noted that during Chintan Shivir 2023 Sonowal promised to take review of mid-year targets and today he acted upon on his promise.

Under the Panch Karma Sankalp announced during Chintan Shivir held JNPA, VOCPA, PPA, and DPA are in the process of finalising Commercial Terms and Technical Specification with Cochin Shipyard (CSL) for awarding the contract for building the Green Tugs.

The Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Sarbananda Sonowal chaired a midterm review meeting here today. The meeting was held to determine a comprehensive approach towards swift and smooth execution of the ?PM Maritime Amritkaal Vision? with an ultimate goal to make India the global maritime leader by 2047. Major programmes of the Ministry including its flagship programme Sagarmala as well as other prominent programmes were reviewed. The meet also inquired about the progress of 162 projects with an investment outlay of Rs 1 trillion. The Union Minister of State for Ports, Shipping & Waterways, Shantanu Thakur also participated in the deliberations along with the senior officials of major Indian ports, various PSUs, as well as other senior officials of the Ministry. Speaking on the occasion, Sonowal said, ?India is standing at an extremely important stage towards becoming a global leader of maritime sector. Under the dynamic leadership of Prime Minister Narendra Modi ji, the Maritime Amritkaal Vision, 2047 was launched exactly a month ago at the Global Maritime India Summit in Mumbai. The document is a manifestation of Modi ji?s vision towards enabling India?s ports, empowering shipping sector and rejuvenating waterways with an ultimate goal to turn India into global power in the maritime sector. We are working to make our ports break into the top 25 ports of the world. We must stick to the ?Panch Karma Sankalp? while aiming to execute the letter and spirit of the Vision Document towards realising the goal of India becoming the global leader in the maritime sector by 2047.? The meeting opens up an opportunity to review the holistic progress made under the 'Panch Karma Sankalp' announced during the 'Chintan Shivir' in May 2023. It is to be noted that during Chintan Shivir 2023 Sonowal promised to take review of mid-year targets and today he acted upon on his promise. Under the Panch Karma Sankalp announced during Chintan Shivir held JNPA, VOCPA, PPA, and DPA are in the process of finalising Commercial Terms and Technical Specification with Cochin Shipyard (CSL) for awarding the contract for building the Green Tugs.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..