India unveils $1 trillion plan to boost maritime sector by 2047, focusing on new ports and clean fuels.

India plans to invest Rs 80 lakh crore to revolutionize its maritime sector by 2047, aiming for a port capacity of 10,000 million metric tons annually. Key projects include new ports in Kerala, Maharashtra, and Nicobar, and a focus on clean fuel ships. The initiative also seeks to enhance shipping and inland waterways, with plans to boost trade routes and deepen maritime ties with countries like Greece.

November 18, 2024
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