India Shipping Sector
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What Is Bharat Maritime Insurance Pool, India's Big Bet On Self-Reliance
India currently owns just over 1,500 ships, barely 1.2 per cent of the global shipping fleet, despite being one of the world's largest economies.
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India Defines 4 Priority Sectors For Using Natural Gas Amid Iran-US War
The Iran-US war in the Middle East has affected the supply of natural gas across the world. The Strait of Hormuz remains a part of the war zone for over two weeks, due to which more than 750 cargo ships are stuck at major ports in the region.
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iPhone Shipments From India Cross $50 Billion Under PLI Scheme, IT Minister Says
Apple has shipped iPhone models worth $50 billion (about Rs. 4.51 Lakh Crore) since FY22, when it was onboarded the production-linked incentive (PLI) scheme, Union IT Minister Ashwini Vaishnaw said. According to a report, the Cupertino-based tech giant managed to ship Indian made iPhone models about $16 billion (about Rs. 1.44 Lakh Crore) in the fi...
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India Plans $2 Billion In Incentives For New Manufacturing Sectors: Report
India is planning to offer incentives of up to Rs 18,000 Crore ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers and inputs for vaccines, two government officials said.
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Bengal To Get Rs 1 Trillion Investment In Maritime Sector: Union Minister
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has said that Bengal is set to receive to receive investment worth Rs 1 trillion in maritime sector, which will make the state a maritime hub.
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NaVIC, India's GPS, May Soon Get "Regional To Global" Changeover: ISRO
India plans to expand its regional satellite navigation system NaVIC in a bid to increase its use in the civilian sector and also by ships and aircraft travelling far from the country's borders.
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ISRO's GSAT-24 Successfully Launched On-Board Ariane-v VA257 Flight From French Guiana
The Indian Space Research Organisation (ISRO)'s GSAT-24 satellite was successfully launched by French company Arianespace from Kourou in French Guiana (South America) on Thursday. It is the first "demand driven" communication satellite mission undertaken by NSIL post space sector reforms.
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PM Hails Cabinet Decisions On Shipping, Animal Husbandry, AYUSH Departments
The cabinet today decided to revise the schemes and implement them as part of the special livestock sector package.
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Indian Automakers Fear Container Shortage To Hit Parts Supply, Output
Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to a global shortage of available shipping containers.
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Cochin Shipyard Becomes First Shipping Company With Greenco Rating
Cochin Shipyard Ltd (CSL) has become the first company in shipping sector to be certified by Confederation of Indian Industry (CII) for GreenCo silver rating.
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Israel Aerospace Industries Bags $630 Million Missile Deal For Indian Navy
State-owned Israel Aerospace Industries said today that it has won an additional, $630 million contract to supply air and defence missile systems for four ships of the Indian navy. The contract will be carried out with Bharat Electronics Ltd, which serves as the main contractor in the project as part of India's "Make in India" policy.
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Maiden Maritime India Summit To Result In Deals Worth Rs 72,000 Crore
India's maiden global investors conclave for the shipping sector, the Maritime India Summit, to be opened by Prime Minister Narendra Modi in Mumbai next month, has lined up business agreements worth an impressive Rs.72,000 crore (over $12 bn), the government said on Wednesday.
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Union Minister Nitin Gadkari Eyes Lighthouses, Islands As New Growth Drivers
As a new year beckons, the government plans to weed out several archaic rules, some of which are over 100 years old, relating to shipping sector and also harness inland waterways, lighthouses and islands as new growth drivers of the Indian economy.
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Nitin Gadkari Says Indian Ports to Make Rs 6,000 Crore Profit by 2016
Union Minister for Shipping, Road Transport and Highways Nitin Gadkari today said the profitability of the Indian port sector by the end of current year will reach around Rs 6,000 crore.
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DD Kisan Should Show Success Stories of Farmers: Union Minister Nitin Gadkari
DD Kisan should show success stories of farmers who have become prosperous as it will help others to gain knowledge about particular crop and farming, Union Minister for Shipping and Transport Nitin Gadkari said in Nagpur today.
-
What Is Bharat Maritime Insurance Pool, India's Big Bet On Self-Reliance
India currently owns just over 1,500 ships, barely 1.2 per cent of the global shipping fleet, despite being one of the world's largest economies.
-
India Defines 4 Priority Sectors For Using Natural Gas Amid Iran-US War
The Iran-US war in the Middle East has affected the supply of natural gas across the world. The Strait of Hormuz remains a part of the war zone for over two weeks, due to which more than 750 cargo ships are stuck at major ports in the region.
-
iPhone Shipments From India Cross $50 Billion Under PLI Scheme, IT Minister Says
Apple has shipped iPhone models worth $50 billion (about Rs. 4.51 Lakh Crore) since FY22, when it was onboarded the production-linked incentive (PLI) scheme, Union IT Minister Ashwini Vaishnaw said. According to a report, the Cupertino-based tech giant managed to ship Indian made iPhone models about $16 billion (about Rs. 1.44 Lakh Crore) in the fi...
-
India Plans $2 Billion In Incentives For New Manufacturing Sectors: Report
India is planning to offer incentives of up to Rs 18,000 Crore ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers and inputs for vaccines, two government officials said.
-
Bengal To Get Rs 1 Trillion Investment In Maritime Sector: Union Minister
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has said that Bengal is set to receive to receive investment worth Rs 1 trillion in maritime sector, which will make the state a maritime hub.
-
NaVIC, India's GPS, May Soon Get "Regional To Global" Changeover: ISRO
India plans to expand its regional satellite navigation system NaVIC in a bid to increase its use in the civilian sector and also by ships and aircraft travelling far from the country's borders.
-
ISRO's GSAT-24 Successfully Launched On-Board Ariane-v VA257 Flight From French Guiana
The Indian Space Research Organisation (ISRO)'s GSAT-24 satellite was successfully launched by French company Arianespace from Kourou in French Guiana (South America) on Thursday. It is the first "demand driven" communication satellite mission undertaken by NSIL post space sector reforms.
-
PM Hails Cabinet Decisions On Shipping, Animal Husbandry, AYUSH Departments
The cabinet today decided to revise the schemes and implement them as part of the special livestock sector package.
-
Indian Automakers Fear Container Shortage To Hit Parts Supply, Output
Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to a global shortage of available shipping containers.
-
Cochin Shipyard Becomes First Shipping Company With Greenco Rating
Cochin Shipyard Ltd (CSL) has become the first company in shipping sector to be certified by Confederation of Indian Industry (CII) for GreenCo silver rating.
-
Israel Aerospace Industries Bags $630 Million Missile Deal For Indian Navy
State-owned Israel Aerospace Industries said today that it has won an additional, $630 million contract to supply air and defence missile systems for four ships of the Indian navy. The contract will be carried out with Bharat Electronics Ltd, which serves as the main contractor in the project as part of India's "Make in India" policy.
-
Maiden Maritime India Summit To Result In Deals Worth Rs 72,000 Crore
India's maiden global investors conclave for the shipping sector, the Maritime India Summit, to be opened by Prime Minister Narendra Modi in Mumbai next month, has lined up business agreements worth an impressive Rs.72,000 crore (over $12 bn), the government said on Wednesday.
-
Union Minister Nitin Gadkari Eyes Lighthouses, Islands As New Growth Drivers
As a new year beckons, the government plans to weed out several archaic rules, some of which are over 100 years old, relating to shipping sector and also harness inland waterways, lighthouses and islands as new growth drivers of the Indian economy.
-
Nitin Gadkari Says Indian Ports to Make Rs 6,000 Crore Profit by 2016
Union Minister for Shipping, Road Transport and Highways Nitin Gadkari today said the profitability of the Indian port sector by the end of current year will reach around Rs 6,000 crore.
-
DD Kisan Should Show Success Stories of Farmers: Union Minister Nitin Gadkari
DD Kisan should show success stories of farmers who have become prosperous as it will help others to gain knowledge about particular crop and farming, Union Minister for Shipping and Transport Nitin Gadkari said in Nagpur today.
