India's Push for a Sustainable and Inclusive Maritime Future at Singapore Maritime Week
Key Ideas
- Union Minister Sonowal emphasizes India's commitment to a green, secure, and inclusive maritime future through collaboration with global partners and innovative strategies.
- India focuses on digitalization and future-ready shipping with policies like ONOP, NLP, and MAITRI to streamline port services and promote real-time data sharing.
- Investments of USD 20 billion aim to enhance logistics, port connectivity, and trade facilitation, targeting a top-five global shipbuilding rank by 2047.
- India is advancing green port infrastructure, promoting low-emission shipping, and driving alternative fuel adoption through Green Hydrogen Hub Ports and Green Shipping Corridors.
Union Minister Sarbananda Sonowal participated in the Singapore Maritime Week (SMW) to discuss the future of the maritime sector. He emphasized India's vision for a secure, sustainable, and prosperous maritime future, highlighting challenges and the need for maritime connectivity and supply chain strengthening. India's maritime policies focus on digitalization, efficiency, and real-time data sharing. The country is partnering with UAE and Singapore to create Virtual Trade Corridors, aiming for seamless cargo movement. Investments totaling USD 20 billion will enhance logistics, port connectivity, and trade facilitation, with a goal to become a top-five global shipbuilding nation by 2047. India is also committed to sustainability, with plans for Green Hydrogen Hub Ports in Kandla, Tuticorin, and Paradip, promoting alternative fuel adoption and green hydrogen production. Sonowal reiterated India's dedication to a green, secure, and inclusive maritime future, guided by Prime Minister Narendra Modi's vision of Viksit Bharat and Atmanirbhar Bharat. The maritime sector's growth and resilience are central to India's economic advancement.
Topics
India
Sustainability
Investment
Green Technology
Maritime Industry
Digitalization
Global Partnerships
Port Infrastructure
Trade Routes
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