New delhi: India has committed $ 20 billion for infrastructure development
Delivering the keynote speech at the India Country Session in OSLO And Highlighted India’s Growing Maritime Capabilites, Including a Favouble Policy-Industry-Investment ENVIRONMENG Strength, Circular Economy Efforts, and Innovative Financing Plans to Accelerate Sectoral Growth, He Said: “Under the Able and Visionary Leaders of prime minister narelandra modi, indiai its moving Decisatii Toward the goals of viksit bharat and atmanirbhar bharat.
In this journey, the Maritime Sector is Central – Not just as a driver of growth, but as an en in of resilience, sustainability, and strategic connectivity. “India has launched wide-ringing efforts to expand port infrastructure, Integrate logistics systems, and improve ease of doing business for the private sector. There reforms afforms are already bearing for Form of Increased Port Efficiency, Stranger Cargo Flows, and Rising Investor Confidence, “He said.
The shipping minister also also highlighted strengthening of maritime connectivity and supply chains with strategic corridors like the India-middle east-economic corridor (IMEEC), the Eastern maritimee Corridor (EMC), and the International North-South Transport Corridor (Instc).
“India is working to become a credit and competitive alternative. Shipbuilding Nations By 2047, “He said.
India is established three green hydrogen hub ports – Kandla, Tuticorin, and Paradip – to support the manufacturing of green hydrogen and its user the use of alternative fuels in the maritime Domain.
“We are also proud to lead under the imo’s green voyage 2050 initiative, assisting development counters in their energy transitions,” He added. India’s maritime digital ecosystem is undergoing a transformation. Initiatives Such as onop (One Nation-One Port Process), National Logistics Portal (Marine), and Maitri-Virtual Trade Corridor are creating a unifided National Platform for Port Services and Exim Trade.
“These efforts are improving operational transparency, Reducing Transaction Time and Building Real-Time Data Systems. Will Digitally Connect Ports, Enabling Seamless Cargo Movement and Reducing Bottlenecks, “said the minister.