Shri Piyush Goyal said Indian and Rotterdam port authorities are working to speed up cargo evacuation and cut ship turnaround times.
Indian and Rotterdam port authorities are working to digitalise processes in India to speed up cargo evacuation and reduce ship turnaround times, Commerce and Industry Minister, Shri Piyush Goyal said on Sunday. He said India needs to significantly improve its port capacity. Speaking to reporters, he said customs authorities in India and the Port of Rotterdam are engaged to bring in modern standards. The minister visited the port and met its CEO, Boudewijn Siemons.
Shri Goyal said India has doubled its port capacity over the past decade but still needs more. By 2047, he expects capacity to double twice over the next two decades to support GDP growth and international trade. He added that the India-EU Free Trade Agreement will provide huge potential to businesses on both sides.
Addressing the Indian community in Amsterdam, the minister invited professionals and academicians to tie up with Indian institutes and mentor start-ups. He said youth should be more responsive and responsible and that their first loyalty should be to the land that provides them work and feeds their family.
Source: The Hindu Business Line
