During the Singapore Maritime Week, Minister Sarbananda Sonowal highlighted India's efforts to enhance its position in the global shipbuilding industry. India is implementing reforms to improve port infrastructure and business operations, leading to increased efficiency and investor confidence. Sonowal emphasized India's goal to be among the top five shipbuilding nations by 2047 through policy incentives, green initiatives, and infrastructure development. The country is focusing on green technologies, with the establishment of Green Hydrogen Hub Ports and plans for Green Shipping Corridors to promote sustainable practices in the maritime sector. India has committed $20 billion for infrastructure development to enhance logistics, port connectivity, and trade facilitation, aiming to increase its global cargo share to 15% by 2047. The country is also engaging in strategic partnerships with countries like the UAE and Singapore to establish Virtual Trade Corridors and ensure secure trade routes. Sonowal's visit to Singapore aims to explore new opportunities and collaborations amidst challenges in global maritime supply chains.