Future of Indian Ports: Multi-Modal Connectivity and Tech Integration Unveiled The Union Shipping Ministry, under the National Monetization plan for 2024, has identified 20 projects worth Rs 6,761 crore to be leased to private-sector operators, according to Minister for Ports, Shipping and Waterways Sarbananda Sonowal. Four projects valued at Rs [...]
Exploring the Depths of Chattogram Port: A Game-Changer for India and Bangladesh In a historic move, the taxation authority of Bangladesh issued a Permanent Standing Order, allowing the operationalization of the Chittagong port for the transit of Indian goods. This decision marks a pivotal moment in the bilateral relations between [...]
The Indian government is gearing up for a significant increase in trade once the proposed India-Middle East-Europe Economic Corridor (IMEEC) becomes operational. Although the corridor is still in its conceptual stage, India is proactively preparing to meet the surge in cargo demand. Senior officials from the shipping ministry revealed that [...]
(1) India’s Largest Port at Vadhavan to Support Economic Corridor India is actively working on enhancing its ports along the western coast for the India-Middle East-Europe Economic Corridor (IMEEC) development. The construction of the colossal Vadhavan port in Maharashtra, scheduled to begin this December, is a significant part of this [...]
The Container Availability Index (CAx) in India has seen a significant decrease since May 2023, indicating that container exports now surpass imports at Indian ports. This information comes from Container xChange, which has observed a steady decline in the CAx value. One of India’s major container ports, Mundra, experienced a [...]
Myanmar is excited about the new Sittwe Port built by India, as it is expected to greatly improve regional connectivity and boost trade between the two countries. The port is a crucial part of the Kaladan multi-modal transit transport project, which aims to create an alternative route connecting India’s eastern [...]
