India Introduces Major Shipping Infrastructure Initiatives in Budget 2026-27

The Indian government announced an ambitious budget plan for the fiscal year 2026-27 to bolster the country's shipping and waterways infrastructure. This includes Rs. 10,000 crore for a new Container Manufacturing Scheme, aiming to establish a competitive ecosystem for container production. Additionally, a Coastal Cargo Promotion Scheme was introduced to shift cargo transport from road and rail to waterways, enhancing sustainability. Furthermore, 20 new National Waterways will be made operational by 2030-31, with ongoing fairway maintenance by the Inland Waterways Authority of India.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link