Maritime India Vision 2030
The Maritime India Vision 2030 aims to transform India's maritime sector with over 150 initiatives and investments of ₹3–3.5 lakh crore. The sector is crucial for India's economy, handling 95% of trade by volume and 70% by value. Major ports are experiencing significant growth,
Make in India
Prime Minister Narendra Modi shared an article by Union Minister Sarbananda Sonowal, emphasizing the importance of a growing industrial base supported by the 'Make in India' initiative. The article discusses efforts to modernize, mechanize, and digitize ports along the east-west trade route, showcasing India's unique advantages.
Port Modernization
The Ministry of Ports, Shipping and Waterways has announced the Maritime India Vision 2030, aiming to transform the Chennai-Kamarajar-Cuddalore cluster into a Mega Port by 2047, with a cargo handling capacity of over 300 million tonnes per annum. Under the Sagarmala Programme, 234 projects worth Rs. 2,91,279Cr. are