Gandhinagar/New Delhi, May 6 (IANS) Gujarat Chief Minister Bhupendra Patel has described the proposed ship repair facility at Vadinar town in Devbhumi Dwarka district as a “transformative project” that would strengthen India’s maritime capabilities and drive economic growth in the state, following its approval by the Union Cabinet. Expressing gratitude to Prime Minister Narendra Modi, Chief Minister Patel on Tuesday said, “Gratitude to Prime Minister Narendra Modi for approving the development o…
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New Delhi, May 5 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved a Rs 1,570 crore proposal on Tuesday for the development of a state‑of‑the‑art Ship Repair Facility at Vadinar in Gujarat, marking a major expansion of the national ship repair ecosystem. The project will be jointly implemented by the Deendayal Port Authority (DPA), which is the administrative authority that runs the Kandla port, and the Cochin Shipyard Limited (CSL).The pro…
New Delhi, May 2 (IANS) With the Great Nicobar Project, India can convert locational advantage into economic leverage, strategic depth and maritime influence, according to a new report.The island is remote, the project is expensive, and the execution risks are real. But the underlying logic — that geography left dormant is geography surrendered — is sound, writes Hans Kaufmann, a distinguished economist specialising in global fiscal policy, in India Narrative.Also, Great Nicobar does not “…
Bhubaneswar, March 13 (IANS) Chief Secretary Anu Garg on Friday said that the state would achieve its ambitious vision of a Viksit Odisha by 2036 by harnessing its huge potential in the blue economy. While addressing the gathering during the inauguration of a Global Summit on Blue Economy 2026 at the Lok Seva Bhawan here, Garg, highlighting the potential of ocean-based sectors to drive economic growth, emphasised Odisha’s EDGE, strong economic fundamentals, favourable demography, strategic geo…
New Delhi, March 11 (IANS) The government held a high-level interaction with the National Shipping Board (NSB) on Wednesday to address emerging challenges in India’s shipping sector and review measures to strengthen maritime capacity amid evolving global geopolitical and trade dynamics.Minister for Ports, Shipping and Waterways Sarbananda Sonowal chaired the meeting, which brought together members of the National Shipping Board, industry leaders, maritime stakeholders, and senior officials of …
Kochi, Jan 30 (IANS) India’s maritime domain will be a central pillar of the country’s economic expansion and global competitiveness under the Viksit Bharat 2047 vision, Director General of Shipping Shyam Jagannathan said on Friday, underscoring the strategic role of the Blue Economy in driving sustainable growth.His statement came on the concluding day of COMARSEM 2026, which saw key stakeholders from across the global maritime industry, including policymakers, industry leaders, technologis…
New Delhi, Jan 29 (IANS) As the World Bank ranks India among the top 5 countries globally in terms of private investment in infrastructure among low- and middle-income economies, infrastructure continues to be central to India’s growth strategy, with public capital expenditure following a sustained upward trajectory since FY15, the Economic Survey 2025-26 stated on Thursday.According to the Survey, this has been made possible by the institutionalisation of multimodal planning through PM GatiSh…
New Delhi, Dec 28 (IANS) India’s ambition to become a strong maritime power is no longer just a long-term goal — it is clearly visible along its 7,500-kilometre coastline. Ports that were once modest trade gateways are now busy hubs of economic activity, handling growing volumes of cargo and supporting India’s push for manufacturing, exports, and global competitiveness, as per India Narrative report.But as port activity expands, a critical question has come to the forefront: how can growth …