India Ports News - Latest Updates & Headlines
Sonowal lauds Lok Sabha passing 'Carriage of Goods by Sea Bill', says legislation will enhance ease of doing business
New Delhi, March 29: Lok Sabha on Friday passed 'Carriage of Goods by Sea Bill, 2024' which aims to modernise, update legal framework as well as enhance Ease of Doing Business (EODB) in India's maritime sector.
India's ports sector set for major growth with 500-550 MTPA capacity expansion annually by FY2028
New Delhi, February 23: India's ports sector is poised for significant growth between Financial Year (FY) 2023 and FY2028, with the sector projected to add 500-550 MTPA (Maximum Torque Per Ampere) of capacity annually, according to a report by Motilal Oswal Financial Services.