Overview
- Union minister Sarbananda Sonowal said 23 MoUs worth over Rs 1.50 lakh crore were signed covering port upgrades, green initiatives, shipbuilding, repair and skills.
- Prime Minister Narendra Modi announced a Rs 70,000 crore package to expand domestic shipbuilding, with infrastructure‑asset status for large vessels to open lower‑cost financing.
- The Vadhavan mega port in Maharashtra, costed at about Rs 76,000 crore, was confirmed to boost container capacity as part of plans to multiply major‑port throughput.
- Operational gains highlighted included record cargo at major ports in 2024–25, average vessel turnaround cut to 48 hours, Vizhinjam’s operational trans‑shipment hub, Kandla’s green hydrogen plant and JNPT’s capacity doubling.
- International outreach featured delegates from over 85 countries, CEO meetings with Maersk, DP World, MSC, Adani and CMA CGM, and MoUs such as DP World’s workforce pact with Cochin Shipyard and a MagRail cargo pilot at Deendayal Port.