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Shipbuilding Clusters in 5 States: India's Maritime Vision 2030

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By Rediff Money Desk, New Delhi   Sep 25, 2024 20:32

India to establish shipbuilding and ship repair clusters in 5 states, aiming for 40 million TEUs container handling by 2028. Minister Sonowal highlights key initiatives.
Shipbuilding Clusters in 5 States: India's Maritime Vision 2030
New Delhi, Sep 25 (PTI) Ship-building and ship repair clusters will be established in five states including Gujarat, Andhra Pradesh and Maharashtra, Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal said on Wednesday.

Recognizing the strategic importance of shipbuilding and ship repair, the ministry is developing dedicated clusters in Maharashtra, Kerala, Andhra Pradesh, Odisha, and Gujarat, Sonowal said while highlighting the major accomplishments of his ministry in the first 100 days of the third term of the NDA government.

In the next five years, the ministry projects container handling to reach an impressive 40 million TEUs (twenty-foot equivalent unit), creating 2 million job opportunities across the country.

Jawaharlal Nehru Port Authority (JNPA) alone will scale up its handling capacity from the current 6.6 million TEUs to 10 million, he added.

The minister also said that 3,900 acres of land has been allotted in Deendayal Port Authority (DPA) and V. O. Chidambaranar Port Trust (VoCPA) for setting up of hydrogen manufacturing hubs.

This will attract more than Rs 5 lakh crore worth of investment in the coming years, he added.

He also said JNPA is going to become the first Indian Port to attain a Container Handling Capacity of 10 million TEUs in the coming months

Sonowal said International Container Transshipment Port (ICTP) at Galathea Bay, Great Nicobar Island, which will serve as a major transshipment hub.

"After 25 years since the establishment of Kamarajar Port, the addition of Vadhvan Port marks a significant milestone in India's maritime journey, alongside the recent notification of Galathea Bay as a major port," he said.

The minister also said, "We are going agro-processing zones near Vadhvan Port."

He underscored the foundation of Vadhvan Port, India's first major port project of the 21st century, poised to become one of the largest all-weather deep-water ports with a capacity of 298 MMTPA.

According to him, this mega port is expected to create 1.2 million employment opportunities and place an Indian port among the top 10 container ports globally, significantly improving international shipping connectivity and reducing transit times and costs.

MoPSW Secretary T K Ramachandran said in the first 100 days, the ministry has taken bold steps to implement key reforms, such as the establishment of the Indian Maritime Centre and the Indian International Maritime Dispute Resolution Centre, both of which will bolster India's standing as a global leader in maritime infrastructure and logistics.

"We are on track to achieve the ambitious goals of the Maritime India Vision 2030 and Maritime Amritkaal Vision 2047, which focus on sustainable growth, enhanced connectivity, and improving the ease of doing business”, Ramachandran said.

Responding to a question on Chabahar port, he said the government of India had signed a contract and now the the contract has been operationalised and the port is doing very well.

"We are also now going global in Sri Lanka, in Myanmar, in Bangladesh, India Ports Global Ltd (IPGL) is taking over operations of some of the terminals of few ports," Ramachandran said.

MoPSW additional secretary Rajesh Kumar Sinha said the ministry is working on a proposal to incentivise vessels who use use green fuel.
Source: PTI
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