Exploring Full Potential Of Coastal And Inland Shipping
Indian Transport & Logistics News|November - December 2018

With India's road and rail infrastructure in most high-traffic areas running at full capacity, transportation through coastal and inland waterways could be a viable solution to ease the load. the challenging part is to persuade the industry to accept the massive modal shift.

Shreya Bhattacharya
Exploring Full Potential Of Coastal And Inland Shipping

With an extensive coastline and a chain of major and minor ports, India’s policy makers have at all times been aware of the importance of the maritime industry and the alterations it can bring into the economy. However, in the past couple of years, a lot of activities, announcements, planning and discussions surrounding the Indian maritime have propelled its momentum and has brought it into the limelight. Sagarmala, Direct Port Delivery (DPD), cabotage rule are to name a few that have received top billings.

Distance covered till now

With a total of 605 projects identified till today, the mammoth Sagarmala initiative was one of the top agendas of the NDA government to leverage the maritime industry. Almost two years from then, today it seems to be driving in a slow lane with completion of 88 projects worth Rs 14.658 crore and 164 additional projects costing Rs 238,031 crore awarded.

Giving an update on the current status, Kailash Kumar Aggarwal, Joint Secretary (Sagarmala), Ministry of Shipping says, “Master Plans have been finalised for the 12 major ports. Based on the same, 142 port capacity expansion projects (total cost: Rs 91,434 crore) have been identified for implementation over the next 20 years. More than 50 of these projects are already under implementation while rest will be taken up in a phased manner,” says Aggarwal.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM INDIAN TRANSPORT & LOGISTICS NEWSView all
IndoSpace to invest ₹4500 cr in Tamil Nadu over next three years
Indian Transport & Logistics News

IndoSpace to invest ₹4500 cr in Tamil Nadu over next three years

IndoSpace announced plans to increase its investments up to ₹4,500 crore in new logistics and warehouse parks in Tamil Nadu.

time-read
1 min  |
November - December 2024
TVS ILP to invest ₹200 crore to build grade-A logistics park in Indore
Indian Transport & Logistics News

TVS ILP to invest ₹200 crore to build grade-A logistics park in Indore

TVS Industrial & Logistics Parks (TVS ILP) has announced its entry into the Indore market by acquiring 20 acres of land in Pithampur Sector 7 from the Madhya Pradesh Industrial Development Corporation (MPIDC).

time-read
1 min  |
November - December 2024
KSH opens new 40,000 sq ft multi-client warehouse in Bangalore
Indian Transport & Logistics News

KSH opens new 40,000 sq ft multi-client warehouse in Bangalore

KSH Integrated Logistics announced the expansion of its warehousing operations in Bommasandra, Bangalore with a multiclient warehousing facility spreading across 40.000 sq ft.

time-read
1 min  |
November - December 2024
TATA-Airbus opens the C295 aircraft manufacturing facility in India
Indian Transport & Logistics News

TATA-Airbus opens the C295 aircraft manufacturing facility in India

In a major boost to India’s defence and aviation industries, in October 2024 Indian Prime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez jointly inaugurated the TATA Aircraft Complex in Vadodara, Gujarat, where the Airbus C295 aircraft will be manufactured.

time-read
1 min  |
November - December 2024
FedEx partners with Invest India to support One District One Product
Indian Transport & Logistics News

FedEx partners with Invest India to support One District One Product

FedEx announced its collaboration with Invest India to support the Government of India’s One District One Product (ODOP) initiative and aim to boost the growth of Indian small businesses by providing them with access to global markets, capacity building, and branding opportunities.

time-read
1 min  |
November - December 2024
UPS launches tempcontrolled pharma facility in Hyderabad
Indian Transport & Logistics News

UPS launches tempcontrolled pharma facility in Hyderabad

UPS has launched its specialised healthcare focused cross-docking facility in Hyderabad.

time-read
1 min  |
November - December 2024
SeaLead's ANIDEA service to connect Asia, India & East Africa
Indian Transport & Logistics News

SeaLead's ANIDEA service to connect Asia, India & East Africa

SeaLead has announced the launch of its revamped ANIDEA(Asia and India, East Africa) service, connecting the Far East, West India, and East Africa.

time-read
1 min  |
November - December 2024
JSW Infrastructure to develop Murbe Port near Vadhvan
Indian Transport & Logistics News

JSW Infrastructure to develop Murbe Port near Vadhvan

The Maharashtra Maritime Board (MMB) has granted a letter of intent to JSW Infrastructure to develop a multipurpose port at Murbe in Palghar on public-private partnership (PPP).

time-read
1 min  |
November - December 2024
Adani Ports H1FY2025 net profit up 42% at ₹5,520cr
Indian Transport & Logistics News

Adani Ports H1FY2025 net profit up 42% at ₹5,520cr

Adani Ports reported a 42 percent increase in net profit at ₹5,520 crore for the first half of the financial year 2024-25 compared to ₹3,381 crore in the same period last year.

time-read
1 min  |
November - December 2024
Sustainable supply chains From emissions to efficiency in India
Indian Transport & Logistics News

Sustainable supply chains From emissions to efficiency in India

India's logistics sector is rapidly adopting sustainability measures to cut emissions and enhance efficiency, aligning with the country's pledge to reduce emissions intensity by 45% by 2030.

time-read
7 mins  |
November - December 2024