Overview
- Chief Minister Devendra Fadnavis confirmed that Vadhavan Port has been revived as a state-Centre joint venture with Maharashtra holding a 26% equity stake and set to rank among the world’s top ten ports by capacity.
- Officials unveiled plans for India’s first offshore airport at Vadhavan to integrate air connectivity with rail links under the Sagarmala project and the expanded Samruddhi Mahamarg highway.
- The Samruddhi Mahamarg now connects 24 districts directly to major ports and reduces cargo transit from six days to under ten hours.
- ING Group committed $1 billion to support green logistics, dry ports and smart maritime infrastructure as part of global capital partnerships secured at the summit.
- The newly launched Shipbuilding, Ship Repair and Recycling Policy 2025 offers capital subsidies, fast-track clearances and skill development measures to build marine manufacturing clusters in Maharashtra.