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AgroPolicy, India, Logistics, Supply Chain, Transportation

Ministry draws action plan for swift implementation of MoUs at GMIS worth Rs1 Lakh Crore.

The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched ‘Sagar Aankalan’ guidelines during the stakeholders meet for implementation of the MoUs signed earlier at the Global Maritime India Summit 2023 (GMIS 2023).

The “Sagar Aankalan” Guidelines for National Benchmarking of Indian Ports Performance would be applicable to all Indian seaports with an aim to achieve; Mapping and benchmarking of Indian Port’s – logistics performance and efficiency, Harmonisation of standards, definitions and performance with global benchmarks, Improving competitiveness, efficiency and overall performance of the port sector with focus on improvement, productivity, sustainability and customer satisfaction.

The Ministry of Ports, Shipping, and Waterways (MoPSW) successfully concluded the Stakeholders Meet – Implementation of MoUs at the Global Maritime India Summit 2023 (GMIS 2023) where course to convert them were decided and make them actionable at the earliest. The Ministry also draws action plan for swift implementation of MoUs signed during the GMIS.

Participants engaged in productive discussions, sharing valuable insights and recommendations to overcome challenges and facilitate the implementation of the MoUs. The event was also graced by the Union Minister of State for MoPSW and Tourism, Shri Shripad Y. Naik and the Union Minister of State for MoPSW, Shantanu Thakur, senior officials of MoPSW and other dignitaries. The GMIS Report and M.Tech in Drediging Technology course at IIT, Chennai were also launched.

“With a focus on sustainable development, technological advancements, and enhancing maritime infrastructure, the Global Maritime India Summit 2023 facilitated strategic dialogues among industry leaders, policymakers, and stakeholders. This collaboration aims to harness the potential of India’s vast coastline and maritime resources for the benefit of all,” added Sonowal.

The Minister urged the stakeholders to work together to turn these agreements into reality and propel the Indian maritime sector to new heights. He said, “Each one plays a crucial role in this journey towards making India ‘Viksit Bharat’ during Amrit Kaal.”

During the meeting, the port representatives provided an update on the progress of the memorandums of understanding (MOUs) signed in GMIS 2023. They detailed the milestones achieved and any challenges encountered along the way. Following their presentation, stakeholders had the opportunity to share their perspectives on the implementation of these agreements. This exchange of views allowed for a comprehensive understanding of the MOUs’ impact and potential areas for improvement. Overall, the collaborative discussion served to strengthen relationships between the port and its stakeholders while fostering transparency and accountability in the execution of the signed agreements.

GMIS 2023 emerged as one of the largest maritime summits globally, attracting a record-breaking investment commitment of Rs 10 lakh crore. The signing of 360 MoUs, with an investment commitment of Rs 8.35 lakh crore, and the announcement of additional investible projects worth Rs 1.68 lakh crore, underscored the immense potential of India’s maritime sector. The MoUs signed at GMIS 2023 encompassed various facets of the maritime sector, including port development, modernization, green hydrogen and ammonia, port-led development, cruise sector, business and commerce, shipbuilding, and knowledge sharing. These initiatives are poised to drive innovation, foster economic growth, and strengthen India’s position as a global maritime leader.

Ministry draws action plan for swift implementation

AgroPolicy, India, Logistics, Supply Chain, Transportation

More than 50 countries to participate in the Global Maritime Summit, 2023 to be held from 17th to 19th October.

The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 in Mumbai. The summit is slated for 17th to 19th October 2023, at Pragati Maidan, New Delhi, with FICCI as the exclusive industry partner. The event is aimed at unlocking potential for new investment opportunities along with collaborations for knowledge and technology to enhance cooperation in trade and promote Ease of Doing Business (EODB).

Addressing the Curtain Raiser for the upcoming Global Maritime India Summit 2023, Sonowal emphasised the vital role of the maritime sector in India’s economic progression and the potential it holds for the Asia-Pacific region. “India can lead from the front. India’s maritime sector is poised for growth, owing to proactive government policies around, ports, shipping and inland waterways”, said Sonowal.

The curtain raiser event is aimed at creating a global forum of thought leaders as well as industry captains from maritime sector to harness the immense potential of Blue Economy and draw a roadmap to unlock value through creation of investment opportunities in the maritime sector of India. The forum will provide a platform for start-ups, researchers, incubators and innovators to showcase their technology & expertise. The focus areas of GMIS, 2023 are Ports of the Future; Decarbonization; Coastal Shipping & Inland Waterways Transportation; Shipbuilding, repair & recycling; Finance, Insurance & arbitration; Innovation & technology; Maritime Safety & Security and Maritime Tourism.

The Minister said, “As key driver of India’s maritime sector, our ministry has been organising the Global Maritime India Summit, to create value from the vast potential of India’s rich maritime sector. With an identified investment opportunities of more than Rs 10 lakh crores in the maritime sector of the country, we are standing at a threshold of a major economic upswing which can generate employment opportunities for more than 15 lakhs youth of India. This summit has been designed to explore and examine riches of India’s Blue Economy. We hope that the best minds of maritime sector will hedge their goodwill, intent, intelligence and skills to produce a roadmap for a sustainable development of maritime sector as well as our country.”

 Sonowal further added, “We invite all the maritime stakeholders in India and globally to be part of these investment opportunities. India is actively driving the establishment of 5,000 km of multi-country waterways, a significant initiative that will effectively facilitate trade and transportation across the region.”

The curtain raiser concluded with the unveiling of the official GMIS 2023 brochure and the launch of the event’s website and mobile app to provide a comprehensive overview of the summit’s agenda and thematic sessions and will serve as essential resources for participants.

More than 50 countries to participate in

AgroPolicy, India

The terminal will augment economic growth by facilitating movement of tourists & cargo towards Upper Assam region, Arunachal Pradesh & Nagaland through Brahmaputra.

The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal laid the foundation stone of Inland Waterways Transport (IWT) terminal to be developed at Bogibeel in Dibrugarh, by the bank of the river Brahmaputra (National Waterways 2) in Dibrugarh, Assam. The tourist-cum-cargo IWT terminal will be developed at a cost of Rs 46.60 crores and is scheduled to be completed by February, 2024. Once developed, this terminal is likely to play a pivotal role in rejuvenating inland waterways transportation in the region for both cargo and passenger movement, paving the way for growth of trade & commerce. The terminal will augment economic growth by facilitating movement of tourists & cargo towards Upper Assam region, Arunachal Pradesh & Nagaland through Brahmaputra.

Considering the growing popularity of inland waterways as an economical & efficient mode of transportation, other new industries like food processing, pharmaceuticals, cement etc may come up in the region while further improving the economies of scale for existing major trade like tea, polymer, coal, fertiliser etc. The modern terminal is also likely to play a crucial role as a harbinger of growth for the tourism sector with major destinations like Sibsagar, Majuli, Itanagar, Ziro Valley, Pasighat, Roing, Tawang valley etc.

The IWT terminal, under the aegis of Inland Waterways Authority of India (IWAI), the nodal agency for inland waterways of Ministry of Ports, Shipping & Waterways (MoPSW), will have many modern features. The executing agency of the terminal is being done by Indian Port Rail & Ropeway Construction Limited. Some major features include cargo & passenger berths, approach & other internal roads, transit shed, open storage area, truck parking area, passenger waiting area among others. The development of the terminal will play a crucial role in the development of upper Assam and nearby states such as Arunachal Pradesh, Nagaland in terms of cargo as well as passenger transportation. It will also lead to increase in eco-tourism, and easing the movement of EXIM cargo with comparatively lower transportation cost vis-a-vis others.

Speaking on the occasion, Sarbananda Sonowal said, “It is a momentous day for the people of Assam as we move towards rejuvenating inland waterways transport in the region by further bolstering the capital infrastructure at Bogibeel. Given the historic role that Dibrugarh played as the hub of inland waterways in the past, I believe that this modern terminal at Bogibeel will act as a catalyst towards reclaiming the lost glory of Dibrugarh as a major commercial hub & become harbinger of growth for upper Assam, Arunachal Pradesh and Nagaland in the days to come.”

The terminal will augment economic growth by

Agro Universities, AgroPolicy, India, Logistics, Supply Chain, Transportation

The newly inaugurated school in Agartala will equip entrepreneurs with professional training to become experts in global transportation and logistics

Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways and Ayush, along with Dr Manik Saha, Chief Minister, Tripura inaugurated the School of Logistics, Waterways and Communication in Agartala. The school will enable the rich pool of talent of the region to become world class experts in the transportation and logistics sector. In order to unlock the promised economic potential of the Northeast, the school will be enabling the innate capacity of human resources along our opulent waterways, said Sonowal.

The Centre for Logistic, Communication and Waterways would facilitate in conducting studies/research, training, workshops/seminars for stakeholders like businesses, exporters/importers, Chambers of Commerce and Industries, local entrepreneurs, tourist operators etc. It has been set up under State Institute of Public Administration and Rural Development (SIPARD). SIPARD is an autonomous body funded by the Government of Tripura and partially by the Ministry of Rural Development, Government of India.

Speaking on the potential of waterways as an avenue of economic progress of the Northeast, Sarbananda Sonowal said, “Apart from being a swift, clean and affordable means of transport, this opens a new ray of hope for growth of trade with the international market. The deeper, longer and wider network of inland waterways will not only decongest and reduce carbon footprints but has the potential to generate significant economic activities and boost international trade in the region.”

The newly inaugurated school in Agartala will