THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 5, 2025 In a significant move to transform India’s maritime landscape and reinforce its position in the global logistics ecosystem, Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal announced a $20 billion commitment toward the development of maritime infrastructure. Speaking at the India Country Session in Oslo, the minister outlined a comprehensive roadmap aimed ...

New Delhi, August 28, 2024 (TBB Bureau): The Ministry of Ports, Shipping, and Waterways (MoPSW) has approved a wage structure revision for workers at India’s major ports, averting an indefinite strike that threatened to disrupt operations across 12 major ports in the country. This development follows the signing of a memorandum of understanding (MoU) between the Bipartite Wage Negotiation Committee ...

New Delhi, July 4, 2024 (TBB Bureau): The Indian government is set to unveil a new Ship Building and Ship Repair Policy as part of its 100-day action plan, aiming to elevate India among the top 10 global players in the sector by 2030 and the top 5 by 2047, according to TK Ramachandran, Secretary of the Ministry of Ports, ...