Overview

• At the Nor-Shipping conference in Oslo, India unveiled a USD 20 billion plan targeting multimodal logistics, port connectivity and trade facilitation
• The strategy hinges on policy incentives and ease-of-business reforms to lay the groundwork for India’s shipbuilding ascendancy by 2047
• The government will establish three Green Hydrogen Hub Ports at Kandla, Tuticorin and Paradip to support green hydrogen production and its maritime applications
• Key trade routes through the India–Middle East–Europe Economic Corridor, Eastern Maritime Corridor and International North–South Transport Corridor are set for upgraded connectivity
• Sonowal pressed for expanded partnerships in seafarer recruitment to meet workforce demands alongside the planned infrastructure expansion