
Great Nicobar Island Container Transhipment Port notified as major port: Govt
'This proposed transshipment hub with handling capacity of 16 million TEUs per annum is likely to be developed in four phases at an estimated cost of ₹43,796 crore,' Sonowal said in response to Aam Aadmi Party lawmaker Sanjay Singh Singh question about the number of major ports constructed or commissioned in the last five years, the estimated budget, actual expenditure incurred, etc.
HT has reported on environmental concerns about the Great Nicobar Holistic Development project, which includes an international container transshipment terminal, an international airport, a power plant, and a township at an estimated cost of ₹81,800 crore. The Nicobar Islands fall in the Sundaland Biodiversity Hotspot.
In August, Union environment minister Bhupender Yadav said that 'exemplary mitigation measures' have been incorporated to minimise the environmental impact of the project, 'keeping the strategic, national and defence interests' in mind.
On Tuesday, Sonowal said no new major port was constructed or commissioned in the last five years. 'Government has approved the development of a new deep-sea port at Vadhvan in Palghar district, Maharashtra, with a container handling capacity of 23.2 million TEUs per annum at an estimated cost of ₹76,220 crore.' He said phase I of the project is expected to be completed by 2030.
In response to another question, Sonowal said the $20 billion investment in maritime infrastructure, including the Vadhavan Port, offers significant strategic benefits. He added that it will reduce India's reliance on foreign trans-shipment hubs, thereby lowering transportation costs and boosting trade competitiveness by accommodating Ultra Large Container Vessels.
The port will serve as a key hub for the India-Middle East-Europe Economic Corridor, linking other strategic routes such as the International North-South Transport Corridor and enhancing India's economic growth and regional influence.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
21 minutes ago
- India.com
India's BIG Action Against US Tariffs: Defence Deals With America Put On Hold, Says Report
Amid the ongoing tariff imposition on New Delhi by US President Donald Trump, the Indian government has pressed pause on its plans to acquire new weapons and aircraft from the United States. Reuters, citing three Indian officials, reported that New Delhi is pulling back on plans to procure US weapons and aircraft. They added that Defence Minister Rajnath Singh's scheduled visit to the US in the coming weeks, expected to include an official announcement on parts of the deal, has been cancelled. The White House on Wednesday issued an order imposing an additional 25 percent in tariffs on Indian goods, raising the total levy to 50 percent. According to ANI, the administration had cited national security and foreign policy concerns, pointing specifically to New Delhi's ongoing imports of Russian oil. The Executive Order claimed that these imports, whether direct or via intermediaries, present an "unusual and extraordinary threat" to America and justify emergency economic measures. According to US officials, the initial 25 percent tariff came into effect on 7 August. The additional levy will take effect in 21 days and apply to all Indian goods entering US ports, with exceptions for items already in transit and certain exempt categories. On the other hand, following the directive of his increased tariffs, Trump has ruled out any trade negotiations with India until the dispute over tariffs is resolved. On the other hand, tariff orders on India drew criticism from within the country as House Foreign Affairs Committee Dems warned that Trump's actions risk the carefully developed US-India relationship. In a post on X, House Foreign Affairs Committee Dems said, "RM Gregory Meeks: Trump's latest tariff tantrum risks years of careful work to build a stronger US-India partnership. We have deep strategic, economic, and people-to-people ties. Concerns should be addressed in a mutually respectful way consistent with our democratic values." As the US continues to pressure India over its trade relations with Moscow, as per IANS, Russian President Vladimir Putin said that he hopes for a presidential summit with Trump as early as next week, with the United Arab Emirates (UAE) emerging as a potential venue.


India.com
21 minutes ago
- India.com
'Will give some advice to PM Modi': Israel PM Netanyahu on 'how to deal with Trump', says Modi and Trump are...
(File) New Delhi: In a significant statement amid the ongoing tussle between India and US due to the massive tariffs that Indian exports have been put under, Israeli Prime Minister Benjamin Netanyahu has given a statement that has taken the world by surprise. In a recent interaction with a group of visiting Indian journalists, Netanyahu said that he would give some advice to PM Modi on dealing with US President Donald Trump. The Israeli PM has also said that he would like to visit India 'soon'. Why Netanyahu will advise PM Modi? As India-US ties are reeling under some strain after US President Donald Trump imposed 50 per cent tariff on Indian goods, the Israeli prime minister said both sides should amicably resolve the issue. To a question on whether he would give any advice to Prime Minister Narendra Modi on dealing with Trump, the Israeli leader half-jockingly said he would do so privately, a report by PTI said. What Netanyahu said on PM Modi and Trump? 'Modi and Trump are terrific friends of mine. Yes I would give Modi some advice (on dealing with Trump), but privately.' 'There is a basic understanding in relationship between India and the US. The basis of the relationship is very solid. It will be in the interest of India and the US to arrive at a common ground and resolve the tariff issue,' the Israeli PM was quoted as saying by the report. 'Such a resolution will be good for Israel as well as both the countries are our friends,' he added. Will Trump reduce tariffs on India after trade talks? US President Donald Trump has ruled out negotiations with India on the tariffs that will rise to 50 per cent later this month, a report by IANS news agency said. 'No, not until we get it resolved', he said when a reporter asked him if he expected more negotiations following the announcement of the 50 per cent tariff that is to take effect on August 27. (With inputs from agencies)


Business Standard
21 minutes ago
- Business Standard
BBBS & Israel's Foresight Awarded USD 5 Million to Build & Commercialize Rugged Autonomous Drones for Hazardous Industrial Environments
NewsVoir Chennai (Tamil Nadu) [India], August 8: Big Bang Boom Solutions Pvt. Ltd. (BBBS), a leading Indian DeepTech startup, today announced the formal approval of a $5 million joint research, development, and commercialization project with Israel-based Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX). The project, funded under the India-Israel Industrial R & D and Technological Innovation Fund (I4F), will focus on developing rugged autonomous drones designed specifically for GPS-denied, hazardous industrial environments. The India-Israel Industrial R & D and Technological Innovation Fund (I4F) is a joint initiative by India's Department of Science and Technology (DST) and the Israel Innovation Authority which supports technological innovation in healthcare, energy, water, agriculture, and industrial technologies. Starting in September 2025, the 24-month project will leverage BBBS's strengths in autonomous UAV platforms and Foresight's advanced 3D perception and multi-spectral vision systems. The funding approval from I4F, for 50% of the project's budget, marks a significant step forward in supporting the development and commercialization of next generation drones capable of navigating complex, cluttered, and dangerous industrial environments without human pilots or GPS support. These drones are expected to improve safety, reduce operational costs, and enhance efficiency by performing inspections in hazardous and hard-to-reach environments in industries such as oil and gas, mining, chemical processing, power generation, and critical infrastructure. Speaking on the significance of the joint project, Dr. Shivaraman Ramaswamy, Director & CTO, BBBS, stated, "This collaboration is a leap forward for autonomous industrial inspection. We are building drones that go where humans and traditional UAVs cannot - safer, faster, and with real intelligence on board." "This partnership isn't just about integrating technologies -- it's about redefining what's possible in industrial inspection," emphasized Praveen Dwarakanath, Director & CEO, BBBS. "By integrating Foresight's cutting-edge vision systems into our autonomous UAV platforms, we're enabling machines to think, adapt, and operate where human access ends. It's a bold step toward shaping the future of autonomous infrastructure intelligence on a global scale." Solving Problems Where Traditional Drones Fail Traditional GPS-dependent drones often underperform or become inoperable in industrial spaces such as tunnels, power plants, and chemical refineries, where GPS signal loss, high heat, dust, electromagnetic interference, or corrosive conditions present real risks. The jointly developed system will address these limitations with AI-based navigation algorithms, sensor fusion for real-time situational awareness, and ruggedized hardware for performance in confined and thermally unstable spaces. This makes the autonomous platform ideally suited for critical applications across the oil & gas, mining, energy, transportation, and chemical industries. Use cases include tank and pipeline inspections in oil refineries, underground mine mapping, predictive maintenance in power generation facilities, tunnel surveillance in metro systems, and hazard detection in chemical plants. In all these environments, the autonomous drone system will reduce human exposure, increase operational uptime, and offer real-time decision support through onboard analytics and thermal-visible light sensor integration. Tapping into a $21B+ Market Opportunity According to industry projections, the global drone inspection and monitoring market is expected to grow to $21.3 billion by 2027. BBBS estimates that the jointly developed autonomous drone solution could generate over $32 million in revenue by 2031, through deployments in high-value, safety-critical industrial operations. The approval of this project further builds on the Memorandum of Understanding, signed between BBBS and Foresight in April 2025, and marks a milestone in cross-border DeepTech cooperation under the India-Israel Industrial R & D and Technological Innovation Fund (I4F) program. Foresight's Deep Technology Advantage Foresight brings unmatched capabilities in multi-spectral 3D vision, stereo imaging, depth perception, and real-time scene reconstruction - technologies already proven in the automotive ADAS and autonomous vehicle sectors. Their team of highly specialized engineers in Israel has deep expertise in embedded vision systems, computer vision, and machine learning. Operating from the Weizmann Science Park in Ness Ziona, Israel, Foresight's R & D facilities include advanced testing labs, autonomous vehicle testbeds, and simulation environments that enable rigorous validation of perception algorithms and sensor systems. For more information about Foresight, visit Big Bang Boom Solutions Pvt. Ltd. (BBBS) is one of India's leading DeepTech startups, focused on developing indigenous, next-generation defence, aerospace, and dual-use technologies. Founded with a mission to solve high-impact national and industrial challenges through innovation, BBBS blends scientific research, advanced engineering, and user-centric design to create cutting-edge solutions across Autonomous systems, Counter UAS systems, UAVs, smart surveillance, and tactical platforms. With strong R & D roots, BBBS has rapidly emerged as a trusted technology partner to the Indian Armed Forces, homeland security agencies, and strategic industrial sectors. The company's autonomous drone systems, anti-drone solutions, wearable soldier tech, portable shooting ranges and AI-driven situational awareness platforms are being developed for deployment in some of the world's most demanding environments. BBBS has been recognized for its innovation by multiple government and defence bodies, including being selected for prestigious programs under iDEX (Innovations for Defence Excellence), DRDO, and Make in India. Its multidisciplinary team brings together experts in robotics, AI, embedded systems, and mission-critical electronics to deliver scalable, field-ready solutions. Headquartered in Chennai, India, BBBS continues to expand its technological footprint globally through collaborations with international OEMs, research institutions, and public-private R & D partnerships, all while maintaining a strong commitment to Atmanirbhar Bharat and strategic technological self-reliance. For more information, visit