India ranks 3rd globally in building general dry cargo vessels for European short sea trade, driven by Maritime Amrit Kaal Vision 2047.
India has achieved a major milestone in shipbuilding, ranking third globally in the construction of general dry cargo vessels for the European short sea trade, according to Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal. The announcement was based on private sector data and marks a significant recognition of India’s emerging role in global maritime manufacturing.
Minister Sonowal credited this accomplishment to Prime Minister Narendra Modi’s bold Maritime Amrit Kaal Vision 2047, which, along with the Maritime India Vision (MIV) 2030, has been instrumental in transforming India’s maritime ecosystem. “India’s shipbuilding ambitions are no longer just on paper — they are now recognised globally,” he posted on X (formerly Twitter), highlighting the government’s strategic focus on reforms, infrastructure, and skill development.
The Maritime India Vision 2030, a 150-point initiative, provides a roadmap for developing ports, shipping, and inland waterways with ten interconnected themes — from increasing cargo handling capacity and shipbuilding tonnage to improving logistics efficiency, embracing sustainability, and fostering international collaboration.
Key achievements over the past 3 years include:
- Major Port Capacity increased from 1,598 MMTPA (FY 2022) to 1,630 MMTPA (FY 2024)
- Vessel Turnaround Time (TAT) reduced from 53 hours to 48 hours
- Ship Berth Day Output rose from 16,000 MT to 18,900 MT
- Capital Expenditure increased by 37% to ₹7,571 crore in FY 2024
- Gross Budget Support (GBS) rose by 54% to ₹1,687 crore
- 75 port development projects awarded to enhance capacity and efficiency
These outcomes reflect the growing success of India’s “Make in India, Make for the World” vision. “India means business, and the world knows it,” concluded the minister, underlining the nation’s rising credibility in global maritime trade.
(Source: ANI)
