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India to develop world-class mega ports, trans-shipment hubs

Union Minister for Ports, Shipping, Waterways Sarbananda Sonowal has said that India is aiming to increase the supply chain efficiency and lowering logistics costs to facilitate achieving its well-defined goal of being a $5 trillion economy by 2025.

India to develop world-class mega ports, trans-shipment hubs

Union Minister for Ports, Shipping, Waterways Sarbananda Sonowal has said that India is aiming to increase the supply chain efficiency and lowering logistics costs to facilitate achieving its well-defined goal of being a $5 trillion economy by 2025.

Port of call

Cargo traffic at Indian ports is gradually growing. Containerisation and palletisation of cargo is on the rise, though there is still far more to go for us to have a sizeable share of containerised and palletised cargo in the global market.

Ports of Opportunities

Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.

Ambitious on Indian infra sector

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

On a Brighter Note

The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.

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