Ports, Shipping and Logistics to Drive Growth
PORTS & SHIPPING

Ports, Shipping and Logistics to Drive Growth

India’s maritime sector remains a vital pillar of economic development, facilitating trade and global connectivity. Union Minister of Commerce & Industry Shri Piyush Goyal, speaking at the 12th Biennial International Conference on Ports, Shipping & Logistics 2025 in Mumbai, highlighted the need to enhance shipbuilding, flagged vessel operations, and logistics efficiency.

The Minister noted that India has immense potential in shipbuilding and urged stakeholders to propose strategies for increasing Indian-flagged vessels. While India allows cabotage within WTO regulations, the country lacks a sufficient fleet to fully utilise these benefits. He encouraged industry leaders to collaborate with the government to make vessel flagging more attractive.

Over the past decade, India has doubled its port capacity and reduced ship turnaround times. However, with 95% of trade volume passing through ports and a 7,500 km coastline, further improvements in logistics efficiency are required. “We have introduced the Unified Logistics Interface Platform (ULIP) to strengthen the logistics ecosystem, but more ideas are needed to integrate port-linked logistics,” Goyal stated.

The Minister stressed the importance of bridging the skills gap in the maritime workforce through a hybrid training model. Additionally, he emphasised the need to expand container ownership and manufacturing, accelerate exports, and address congestion at major ports. “We must create a seamless logistics network that supports trade and economic growth,” he added.

India’s ports, shipping, and logistics sector is poised for rapid expansion, driven by policy support, technological advancements, and global trade shifts. As a key player in the maritime industry, India has an opportunity to establish itself as a major shipping and logistics hub. Continued investment in infrastructure, digital solutions, and workforce development will be essential in achieving the vision of a ‘Viksit Bharat’ and strengthening India’s position in global trade.

India’s maritime sector remains a vital pillar of economic development, facilitating trade and global connectivity. Union Minister of Commerce & Industry Shri Piyush Goyal, speaking at the 12th Biennial International Conference on Ports, Shipping & Logistics 2025 in Mumbai, highlighted the need to enhance shipbuilding, flagged vessel operations, and logistics efficiency. The Minister noted that India has immense potential in shipbuilding and urged stakeholders to propose strategies for increasing Indian-flagged vessels. While India allows cabotage within WTO regulations, the country lacks a sufficient fleet to fully utilise these benefits. He encouraged industry leaders to collaborate with the government to make vessel flagging more attractive. Over the past decade, India has doubled its port capacity and reduced ship turnaround times. However, with 95% of trade volume passing through ports and a 7,500 km coastline, further improvements in logistics efficiency are required. “We have introduced the Unified Logistics Interface Platform (ULIP) to strengthen the logistics ecosystem, but more ideas are needed to integrate port-linked logistics,” Goyal stated. The Minister stressed the importance of bridging the skills gap in the maritime workforce through a hybrid training model. Additionally, he emphasised the need to expand container ownership and manufacturing, accelerate exports, and address congestion at major ports. “We must create a seamless logistics network that supports trade and economic growth,” he added. India’s ports, shipping, and logistics sector is poised for rapid expansion, driven by policy support, technological advancements, and global trade shifts. As a key player in the maritime industry, India has an opportunity to establish itself as a major shipping and logistics hub. Continued investment in infrastructure, digital solutions, and workforce development will be essential in achieving the vision of a ‘Viksit Bharat’ and strengthening India’s position in global trade.

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?