India expanding investment opportunities in maritime sector: Sonowal
New Delhi, July 24 (H.S.): Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, announced plans to develop ports like the Jawaharlal Nehru Port Authority using landlord models to attract investors, aiming for a container handling capa
Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal


New Delhi, July 24 (H.S.): Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, announced plans to develop ports like the Jawaharlal Nehru Port Authority using landlord models to attract investors, aiming for a container handling capacity of 10 million TEUs and a cargo capacity of 300 million metric tons on Thursday.

While addressing at the Maritime Finance Summit 2025, he highlighted India's significant progress under Prime Minister Narendra Modi's leadership over the past decade. The involvement of financial institutions and stakeholders is key to realizing a self-reliant India by 2047. India currently ranks ninth among the world's top 100 ports and within the top 20 for container handling, reflecting the port sector's strength.

The Sagarmala program is advancing in five areas: port modernization, digitization, coastal community development, logistics, and water transport, creating opportunities for trade and investment while enhancing the global standards of Indian ports. Sonowal urged for a more accessible maritime sector for the public, encouraging youth to pursue careers in the thriving areas of export-import cargo, coastal shipping, and logistics.

Hindusthan Samachar / Jun Sarkar


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