Shipping Ministry Approves Rs.645 Million for Assam Waterways

18 Mar 2024 CW Team

The approved funding underscores the government's commitment to harnessing the potential of waterways as a key driver of economic progress. By investing in the development of inland water transport infrastructure, Assam stands to benefit from reduced transportation costs, increased efficiency, and improved accessibility to remote areas. Furthermore, the projects hold immense promise for job creation, particularly in the construction and operation of new waterway routes.

Key components of the approved projects include dredging operations to ensure navigability, construction of jetties and terminals to facilitate loading and unloading of cargo, and the establishment of navigational aids to enhance safety along the water routes. These initiatives not only bolster Assam's connectivity with other parts of India but also pave the way for enhanced trade relations with neighbouring countries, tapping into the region's strategic position as a gateway to Southeast Asia.

Moreover, the development of water transport infrastructure aligns with broader sustainability objectives, offering a greener alternative to traditional modes of transportation. By shifting freight movement from congested road networks to rivers, these projects contribute to reducing carbon emissions and mitigating environmental impacts.

In essence, the approval of ?645 million for waterways projects in Assam represents a milestone in the region's journey towards inclusive growth and prosperity. With a focus on modernization, efficiency, and sustainability, these initiatives hold the promise of transforming Assam's transportation landscape and unlocking new opportunities for its people and businesses alike.

The Shipping Ministry's recent approval of Rs.645 million for ten new waterways projects in Assam heralds a significant leap forward in the state's transportation infrastructure. With a strategic focus on enhancing water transport capabilities, these projects aim to revolutionize connectivity and logistics within Assam and beyond. Leveraging the region's extensive network of rivers, these initiatives promise to unlock new avenues for trade and commerce, fostering economic growth and development. The approved funding underscores the government's commitment to harnessing the potential of waterways as a key driver of economic progress. By investing in the development of inland water transport infrastructure, Assam stands to benefit from reduced transportation costs, increased efficiency, and improved accessibility to remote areas. Furthermore, the projects hold immense promise for job creation, particularly in the construction and operation of new waterway routes. Key components of the approved projects include dredging operations to ensure navigability, construction of jetties and terminals to facilitate loading and unloading of cargo, and the establishment of navigational aids to enhance safety along the water routes. These initiatives not only bolster Assam's connectivity with other parts of India but also pave the way for enhanced trade relations with neighbouring countries, tapping into the region's strategic position as a gateway to Southeast Asia. Moreover, the development of water transport infrastructure aligns with broader sustainability objectives, offering a greener alternative to traditional modes of transportation. By shifting freight movement from congested road networks to rivers, these projects contribute to reducing carbon emissions and mitigating environmental impacts. In essence, the approval of ?645 million for waterways projects in Assam represents a milestone in the region's journey towards inclusive growth and prosperity. With a focus on modernization, efficiency, and sustainability, these initiatives hold the promise of transforming Assam's transportation landscape and unlocking new opportunities for its people and businesses alike.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..