Paradip Port to ink Rs 1.5 trillion MoUs at India Maritime Week
PORTS & SHIPPING

Paradip Port to ink Rs 1.5 trillion MoUs at India Maritime Week

Paradip Port is set to make a major impact at the upcoming India Maritime Week (IMW) 2025 in Mumbai, with plans to sign Memorandums of Understanding (MoUs) worth Rs 1.5 trillion across multiple sectors, including shipbuilding, port modernisation, green hydrogen, smart port initiatives, and business development.

Hosted by the Ministry of Ports, Shipping and Waterways, the event will take place in Mumbai from 27 to 31 October. Touted as the world’s largest maritime conclave, IMW will bring together over 100 maritime nations, 200 global experts, and 500 leading maritime industries, providing a premier platform for investment, innovation, and international collaboration.

Paradip emerges as green hydrogen hub

Paradip Port was recently designated as a Green Hydrogen Hub, joining Tuticorin and Kandla as one of India’s three such ports. The port is expected to play a key role in supporting India’s clean energy transition and driving sustainable maritime growth.

The Government of Odisha will also participate in IMW, highlighting the state’s port-led development potential through a dedicated session. The state has already signed MoUs with the Paradip Port Authority (PPA) for major projects, including the Bahuda Port development and a shipbuilding centre in Kendrapara district — both expected to generate significant employment and boost regional economic activity.

Cruise terminal and tourism boost

During IMW 2025, Odisha is also expected to sign an MoU to develop a cruise terminal in Puri, aimed at enhancing maritime tourism. The project’s first phase will focus on Puri, while the second phase will extend the terminal to Paradip within two to three years.

In the lead-up to the conclave, Paradip Port has launched several public outreach campaigns — including sand art displays, advertisements, and social media initiatives coinciding with Diwali celebrations — to promote maritime awareness.

These combined efforts reflect the commitment of the Government of Odisha, Paradip Port, and the Ministry of Ports, Shipping and Waterways to advance sustainable growth, employment generation, and India’s maritime transformation.

Paradip Port is set to make a major impact at the upcoming India Maritime Week (IMW) 2025 in Mumbai, with plans to sign Memorandums of Understanding (MoUs) worth Rs 1.5 trillion across multiple sectors, including shipbuilding, port modernisation, green hydrogen, smart port initiatives, and business development. Hosted by the Ministry of Ports, Shipping and Waterways, the event will take place in Mumbai from 27 to 31 October. Touted as the world’s largest maritime conclave, IMW will bring together over 100 maritime nations, 200 global experts, and 500 leading maritime industries, providing a premier platform for investment, innovation, and international collaboration. Paradip emerges as green hydrogen hub Paradip Port was recently designated as a Green Hydrogen Hub, joining Tuticorin and Kandla as one of India’s three such ports. The port is expected to play a key role in supporting India’s clean energy transition and driving sustainable maritime growth. The Government of Odisha will also participate in IMW, highlighting the state’s port-led development potential through a dedicated session. The state has already signed MoUs with the Paradip Port Authority (PPA) for major projects, including the Bahuda Port development and a shipbuilding centre in Kendrapara district — both expected to generate significant employment and boost regional economic activity. Cruise terminal and tourism boost During IMW 2025, Odisha is also expected to sign an MoU to develop a cruise terminal in Puri, aimed at enhancing maritime tourism. The project’s first phase will focus on Puri, while the second phase will extend the terminal to Paradip within two to three years. In the lead-up to the conclave, Paradip Port has launched several public outreach campaigns — including sand art displays, advertisements, and social media initiatives coinciding with Diwali celebrations — to promote maritime awareness. These combined efforts reflect the commitment of the Government of Odisha, Paradip Port, and the Ministry of Ports, Shipping and Waterways to advance sustainable growth, employment generation, and India’s maritime transformation.

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement