India Commits $20 Billion to Maritime Infrastructure and Green Hydrogen Hubs
Aspect | Details |
---|---|
Event | Nor-Shipping Conference 2025, Oslo, Norway |
Announcement by | Union Minister Sarbananda Sonowal |
Key Announcement | India's $20 billion investment in maritime infrastructure |
Focus Areas | Port connectivity, multimodal logistics, trade facilitation, sustainability |
Green Hydrogen Hub Ports | Kandla, Tuticorin, Paradip |
Global Maritime Corridors | INSTC, EMC, IMEEC |
Objectives | Enhance port connectivity, develop logistics, promote sustainability, strengthen global trade, expand seafarer employment |
Investment Details | Modernization of ports, logistics hubs, inland waterways, green hydrogen production |
Shipbuilding & Investment | Highlighted shipbuilding capabilities, innovative financing, investment-friendly policies |
Seafarer Collaboration | Emphasis on international partnerships for Indian seafarers |
Background Info | 12 major ports, 200+ non-major ports, Maritime India Vision 2030, National Green Hydrogen Mission |
Sustainability Goal | Net-zero emissions in the maritime sector |