Overview
- The ports ministry reported more than 600 MoUs worth about ₹12 lakh crore signed during the Oct 27–31 event, with over 100,000 participants from 85+ countries and 11 foreign ministers.
- Prime Minister Narendra Modi announced a ₹70,000 crore program to expand domestic shipbuilding capacity, finance greenfield and brownfield yards and spur large-scale employment, with large vessels granted infrastructure asset status.
- Performance claims included average vessel turnaround at major ports reduced to roughly 48 hours and container dwell time below three days, alongside record cargo volumes in 2024–25.
- Infrastructure updates highlighted Vizhinjam’s operational deep-water trans-shipment hub and the planned ₹76,000 crore Vadhavan mega port intended to lift capacity and containerised cargo share.
- New tie-ups featured DP World’s deal with Deendayal Port and Nevomo to pilot MagRail Booster movement in Kandla and a Drydocks World–Cochin Shipyard–CEMS pact to build an industry-ready maritime workforce.