바카라Bharat Ports Global Consortium to Expand India바카라s Maritime Reach, Strengthen Supply Chains, and Boost Make in India바카라: Sarbananda Sonowal
Sarbananda Sonowal launches MAITRI Logo; Transforming Global Trade with Digital Integration through AI and Blockchain for seamless 바카라Virtual Trade Corridor바카라
바카라India Maritime Week to celebrate 바카라Maritime Virasat and Maritime Vikaas, to be held from 27th to 31st, Oct, 2025 in Mumbai:바카라바카라 Sarbananda Sonowal
Mumbai, 27 February, 2025: The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal launched a series of major initiatives of the Ministry of Ports, Shipping & Waterways (MoPSW) aimed at modernising India바카라s maritime infrastructure, strengthening its global trade presence, and promote sustainability. These initiatives were launched during a stakeholders meeting to discuss on various possibilities from the major announcements made in the Union Budget for the Maritime sector here today.
The Union Minister Sarbananda Sonowal launched the "One Nation: One Port Process (ONOP)바카라 initiative to standardise and streamline operations across India바카라s major ports. This step aims at removing inconsistencies in documentation and processes that led to inefficiencies, increased costs, and operational delays.
Sarbananda Sonowal also launched Sagar Ankalan 바카라 the Logistics Port Performance Index (LPPI) for FY 2023-24, as a significant step towards enhancing efficiency and global competitiveness in India바카라s maritime sector.
Speaking on the occasion, the Union Minister, Sarbananda Sonowal said, 바카라It gives me immense pleasure to launch the important of our Ministry which are aligned with honourable PM Narendra Modi ji바카라s vision of Viksit Bharat, driving self-reliance, sustainability, and economic growth. With the launch of 바카라One Nation, One Port바카라 Process and Sagar Ankalan - LPPI Index, India is taking a decisive step towards standardised, efficient, and globally competitive ports. By enhancing port performance and streamlining logistics, we are reducing inefficiencies, cutting carbon footprints, and strengthening India's position in global trade. Our commitment to modern, green, and smart port infrastructure will not only fuel economic resilience but also ensure a sustainable maritime future for generations to come. This is a transformative leap towards making India a maritime powerhouse, contributing to Atmanirbhar Bharat and a developed India by 2047.바카라
Sarbananda Sonowal also launched Bharat Global Ports Consortium to Strengthen Global Trade by expanding India바카라s maritime reach and enhance global trade resilience. The Union Minister Sarbananda Sonowal also launched MAITRI logo (Master Application for International Trade and Regulatory Interface) with an aim to streamline trade processes, reduce bureaucratic redundancies and expedite clearances, reinforcing India바카라s commitment to ease of doing business.
Adding further, Sarbananda Sonowal said, 바카라The launch of Bharat Ports Global Consortium and MAITRI App marks a transformative step in strengthening India바카라s maritime and trade ecosystem. These initiatives will sustain the initiatives taken since 2014, under the dynamic leadership of Prime Minister Shri Narendra Modi ji, to enhance efficiency, streamline trade processes, and bolster global supply chains, reinforcing India바카라s position as a key player in international logistics. Under the visionary leadership of Prime Minister Narendra Modi ji, India is rapidly modernising its ports and trade infrastructure, aligning with his commitment to Viksit Bharat and Atmanirbhar Bharat. By leveraging digital innovation and global partnerships, we are creating a seamless, efficient, and future-ready trade network, accelerating India's journey towards becoming a global economic powerhouse.바카라
As Ports serve as critical gateways for international and domestic trade, this initiative aims to harmonise port procedures to enhance efficiency, reduce costs, and strengthen India바카라s global trade position. As a first step through ONOP process, the Ministry has standardised documentation with Immigration, the Port Health Organization, and Port Authorities, reducing container operation documents by 33% (from 143 to 96) and bulk cargo documents by 29% (from 150 to 106). These reforms mark a significant step towards Maritime Amrit Kaal Vision 2047, ensuring transparency, consistency, and optimized port management. The Minister called for active stakeholder participation to maximise its impact and drive India's ports towards operational excellence on the global stage.
MAITRI plays a crucial role in operationalising the 바카라Virtual Trade Corridor바카라(VTC) between India and the UAE. The initiative aligns with the India-Middle East-Europe Economic Corridor (IMEEC) and is expected to expand to BIMSTEC and ASEAN nations, leveraging AI and Blockchain for efficiency and security. By standardising trade documentation and integrating digital solutions, MAITRI will reduce processing time, optimise trade flows, and contribute to sustainable development. MAITRI is set to redefine international trade, positioning India as a leader in global logistics and trade facilitation.
Aligned with the PM Gati Shakti National Master Plan and the National Logistics Policy, Sagar Ankalan LPPI aims to benchmark port performance, drive operational excellence, and strengthen India's trade connectivity. Developed under the Sagar Aankalan Guidelines, the LPPI evaluates all major and non-major ports under Bulk (Dry & Liquid) and Container categories. Key performance indicators include cargo handling, turnaround time, berth idle time, container dwell time, and ship berth-day output. The structured, data-driven methodology ensures transparency by equally weighing absolute performance and year-on-year improvement. By fostering a culture of efficiency and innovation, LPPI will drive India바카라s ports toward global standards, reinforcing the nation바카라s position as a maritime leader and a critical player in international trade. India has already made remarkable progress in global logistics, climbing to 22nd place in the World Bank바카라s Logistics Performance Index (LPI) 2023 for "International Shipments," up from 44th.
By developing robust port infrastructure, the Bharat Global Ports Consortium initiative will streamline logistics, strengthen supply chains, and support the 바카라Make in India바카라 initiative by boosting exports. Bringing together IPGL (operations), SDCL (finance), and IPRCL (infrastructure development), the consortium will drive port expansion, operations, and financing to position India as a key player in international trade and logistics. By focusing on efficiency, innovation, & global collaboration, the consortium aims to improve trade connectivity & enhance India's economic footprint. This initiative underscores India바카라s commitment to maritime excellence and economic resilience on the global stage, Sarbananda Sonowal remarked during its launch.
The Union Minister also announced the India Maritime Week to be held from 27 to 31st of October, 2025 in Mumbai with a view to celebrate country바카라s 바카라Maritime Virasat바카라 and 바카라Maritime Vikaas바카라 바카라 a bi-annual global maritime gathering that will be one of the largest in the world. The week will host 4th edition of Global Maritime India Summit (GMIS), 2nd edition of Sagarmanthan among others. At the India Maritime Week, 바카라representation from 100 countries and 100,000 delegates are expected to participate바카라, Sonowal remarked. MoPSW, in partnership with the Observer Research Foundation, launched the 바카라Sagarmanthan: The Great Oceans Dialogue바카라 as an annual dialogue to centre-stage India as the global venue for all strategic maritime conversations.
The Maritime Stakeholders Meet focused on revitalising India바카라s shipbuilding sector in light of recent budgetary announcements. Key discussions centred on increased financial assistance for Indian shipyards, the Ship Breaking Credit Note Scheme and its impact, along with capital infusion to develop new shipbuilding clusters, aiming to boost domestic manufacturing and global competitiveness. The Maritime Development Fund, the inclusion of large ships in the Infrastructure Harmonized Master List (HML), and the role of financial institutions and multilateral agencies in facilitating low-cost term financing were key focus areas. These measures aim to strengthen India's maritime sector by enhancing financial accessibility, boosting shipbuilding, and improving industry competitiveness.
On the budgetary announcements for maritime sector, the Union Minister said, 바카라Under the visionary leadership of our Hon바카라ble Prime Minister Shri Narendra Modi Ji, India is sailing towards a Viksit Bharat, ensuring that our ports, shipping, and waterways become the backbone of a thriving economy. The Union Budget 2025 has put the maritime sector at the forefront of India바카라s growth story. The ₹25,000 crore Maritime Development Fund is a game-changer. It will provide long-term financing, encourage private investment, and modernize our port and shipping infrastructure. The recognition of LARGE ships as infrastructure will unlock new avenues for financing, making it easier for businesses to invest in shipbuilding and coastal trade. And let바카라s not forget the revamped Shipbuilding Financial Assistance Policy (SBFAP 2.0)바카라this will level the playing field for our shipyards, helping them compete with global giants. The shipbuilding clusters바카라a vision we are actively pursuing 바카라 will not only make India a hub for ship construction but will also create thousands of jobs, bring in new technologies, and strengthen our global competitiveness. To further boost this industry, we have extended customs duty exemptions on shipbuilding inputs for another 10 years. In order to propel our rich riverine network, The extension of the tonnage tax regime to inland vessels is a major step in making river transport more attractive and viable for businesses. With the collaborative approach, we can revolutionize logistics, reduce freight costs, and create an eco-friendly alternative to road and rail transport.바카라
The Union Minister also launched the National Centre of Excellence in Green Port and Shipping (NCoEGPS) website. It is a significant milestone in advancing sustainability in the maritime sector. This platform will offer insights and best practices for green port and shipping operations, focusing on carbon footprint reduction, cleaner fuels, and eco-friendly port management to drive a more sustainable future.
In his concluding remarks, Sarbananda Sonowal said, 바카라India바카라s Blue Economy is not just about ships and ports바카라it바카라s about jobs, trade, sustainability, and economic growth. There is immense potential, and we are committed to ensuring that you have the right policies, the right financing, and the right environment to thrive. We are not just aiming to be a top 10 shipbuilding nation by 2030바카라we are aiming to create an ecosystem that is world-class, efficient, and future-ready. Let바카라s capitalise this opportunity. Let바카라s build, innovate, and collaborate. Together, we are not just shaping India바카라s maritime future바카라we are shaping India바카라s economic destiny.바카라
