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Time of India
13 hours ago
- Business
- Time of India
Inviting global domain experts to achieve India's Maritime Vision 2047 goals: Sarbananda Sonowal
India is partnering with global experts to realize its Maritime Vision 2047. Union Minister Sarbananda Sonowal is leading discussions at Nor Shipping 2025 in Norway. A key agreement involves building India's first Polar Research Vessel with Norwegian collaboration. India aims to significantly increase its port capacity and inland waterway cargo volume. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India is bringing domain expertise from leading nations to ensure maritime vision 2047 goals are met according to Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal . The Minister is currently leading the Indian delegation at Nor Shipping 2025 in Norway. An official statement said India will be building its first-ever Polar Research Vessel (PRV) after Garden Reach Shipbuilders & Engineers (GRSE) signed an agreement with Norway's Kongsberg.'Discussions have been held with countries that have expertise in maritime infrastructure development. Partnerships will be forged in line with 2047 goals,' Sonowal told ET over the phone from Oslo.'Global best practices will be incorporated in domestic maritime operations,' he aims to ramp up cargo handling capacity of its ports fourfold to 10,000 million tonnes per annum (mtpa) by 2047. Among other goals, the Maritime India Vision 2047 aims for a 400% increase of inland waterway cargo volume to reach 500 MTPA by the cutoff year. Efforts are also expected towards scaling up the domestic shipbuilding industry where India currently has less than 1% of global part of the agreement between GRSE and Kongsberg, the domestic shipbuilding sector is expected to receive design expertise for developing the PRV.'This will meet the requirement of India's National Centre for Polar and Ocean Research (NCOPR) that will use it for research activities in the polar and Southern Ocean realms,' the statement said while adding this research vessel will be built in GRSE's Kolkata the conference, Sonowal invited Norwegian shipowners to invest in India. He noted that Indian shipyards currently hold 11% of the Norwegian Shipowners' Association (NSA)'s order book.'We invite greater collaboration with Norway to build a green, smart, and resilient maritime ecosystem,' he said while adding this partnership is reflected in Indian shipyards delivering vessels to Norwegian firms. The Minister also sought Norway's cooperation in green shipping corridors , ship recycling, and International Maritime Organisation (IMO)-aligned net-zero goals.
India Gazette
3 days ago
- Business
- India Gazette
Union Minister Sarbananda Sonowal to embark on five-day official visit to Norway & Denmark to strengthen maritime ties
New Delhi [India], May 31 (ANI): Union Ports, Shipping and Waterways Minister Sarbananda Sonowal will embark on a five-day official visit to Norway and Denmark beginning June 2, an official statement said on Saturday. The visit holds strategic importance as the Union Minister will lead the Team India delegation comprising senior officials from the Central and State governments, along with leading players from the private sector. During the visit, the Shipping Minister will address the High-level Meeting on Oceans at the 60th edition of the Nor-Shipping event in Oslo; inaugurate the first 'India Pavillion'; Chair India @ Nor-Shipping Country Session; and hold global outreach for the upcoming 'India Maritime Week 2025' scheduled from 27-31 October in Mumbai. On the sidelines of Nor-Shipping, Union Minister Sonowal is scheduled to hold bilateral meetings with his ministerial peers from Japan and Norway, and meet with leading European Shipping Companies, Component Manufacturers and Technology Developers. Sarbananda Sonowal will also visit the Oslo Port Authority. The India Pavilion also has a dedicated pavilion of the 'National Maritime Heritage Complex' and engages global delegates on India's 5000-year-old civilizational maritime heritage and global linkages. Speaking on the occasion, Union Minister Sarbananda Sonowal said, 'The maritime sector is a cornerstone of economic growth and national development. Under the dynamic leadership of Prime Minister Narendra Modi, India has not only become the world's fourth-largest economy but is also working towards securing its place as a major maritime nation. As we move forward toward realising the vision of Modi Viksit Bharat by 2047, it is vital that we unlock the full potential of our Blue Economy, which offers immense opportunities in trade, connectivity, clean energy, and innovation.' While in Denmark, amongst other engagements, he will interact with the students of 'Blue MBA' at the Copenhagen Business School on the economic opportunities that India's high-growth journey presents for future managers and leaders Sarbananda Sonowal will also visit Minnehallen 'The Hall of Remembrance' to pay homage and obeisance to the fallen Indian sailors who lost their lives during World War-II. Adding further Sonowal said, 'My visit to Norway and Denmark -- both recognised as global maritime leaders -- is aimed at building strong, future-ready partnerships. These engagements will help us exchange best practices, explore joint ventures, and align efforts for a greener and more resilient maritime ecosystem. We believe in a development model that is sustainable, inclusive, and mutually beneficial, and this visit reflects our commitment to that shared vision.' Sarbananda Sonowal, who is leading the delegation from India, is accompanied by senior officials from the Ministry of Ports, Shipping & Waterways (MoPSW), Cochin Shipyard Limited (CSL), Garden Reach Shipbuilders & Engineers (GRSE), Maharashtra Maritime Board (MMB), Karnataka Maritime Board (KMB), Government of Andhra Pradesh, Andhra Pradesh Economic Development Board, Guidance Tamil Nadu, and leading large and MSME Indian Shipyards. (ANI)
Time of India
21-04-2025
- Business
- Time of India
India's largest cruise terminal begins operations
Operations started at Mumbai International Cruise Terminal ( MICT ) Monday. An official statement said Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal flagged off cruise operations from India's largest terminal. The newly inaugurated MICT is designed to handle 1 million passengers every year with an approximate 10,000 passengers per day. It can handle five ships simultaneously, with 11 meters draft and up to 300 meters length, the statement said while adding total investment in the MICT project has been Rs 556 crores. Sonowal also oversaw an agreement signing ceremony for development of infrastructure projects worth more than Rs 5,700 crores at Vadhavan Port . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Don't Miss The Top Packaging Trends Of 2024, Enhnace Your Brand With The Latest Insights Packaging Machines | Search Ads Search Now An official statement said agreements were signed to develop a terminal for handling container, bulk, and liquid cargo with investment of Rs 4200 crores. In addition to this, agreements for development of a dedicated terminal for handling bulk and liquid cargo with an investment of Rs 1,000 crores were also signed.
