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Vadhvan Port is attracting a lot of global interest.

Vadhvan Port is attracting a lot of global interest.
blog image
Port Terminal Services

Vadhvan Port is attracting a lot of global interest.

Union Minister Sarbananda Sonowal highlighted the upcoming Vadhvan Port in Maharashtra's Palghar as a major development attracting significant global attention. Scheduled to create 1.2 million jobs once fully operational, this ambitious project is expected to have a transformative impact on India’s maritime industry. Speaking at the curtain-raiser event for ‘Sagarmanthan: The Great Oceans Dialogue,’ which will take place in Mumbai on November 18-19, 2024, Sonowal emphasized that the port, with an estimated investment of USD 10 billion, underscores India’s commitment to green and sustainable development. The minister also reflected on recent maritime milestones, including the recent foundation-laying of the Vadhavan Major Port by the Prime Minister on August 30. He noted that the port is not only a significant economic opportunity but also a crucial component of India’s green transition efforts, such as the Green Tug Transition Program, which aims to set a global example in climate action. Sonowal further recalled the success of the Global Maritime India Summit in 2023, where India secured over USD 119 billion in investment commitments. He urged global leaders, industry experts, and policymakers to actively participate in ‘Sagarmanthan’ and collaborate on harnessing the vast potential of the oceans for a more inclusive and sustainable future. 


05 Sep 24
blog image
Port Terminal Services

Vadhvan Port is attracting a lot of global interest.

Union Minister Sarbananda Sonowal highlighted the upcoming Vadhvan Port in Maharashtra's Palghar as a major development attracting significant global attention. Scheduled to create 1.2 million jobs once fully operational, this ambitious project is expected to have a transformative impact on India’s maritime industry. Speaking at the curtain-raiser event for ‘Sagarmanthan: The Great Oceans Dialogue,’ which will take place in Mumbai on November 18-19, 2024, Sonowal emphasized that the port, with an estimated investment of USD 10 billion, underscores India’s commitment to green and sustainable development. The minister also reflected on recent maritime milestones, including the recent foundation-laying of the Vadhavan Major Port by the Prime Minister on August 30. He noted that the port is not only a significant economic opportunity but also a crucial component of India’s green transition efforts, such as the Green Tug Transition Program, which aims to set a global example in climate action. Sonowal further recalled the success of the Global Maritime India Summit in 2023, where India secured over USD 119 billion in investment commitments. He urged global leaders, industry experts, and policymakers to actively participate in ‘Sagarmanthan’ and collaborate on harnessing the vast potential of the oceans for a more inclusive and sustainable future. 


05 Sep 24
blog image
Port Terminal Services

Vadhvan Port is attracting a lot of global interest.

Union Minister Sarbananda Sonowal highlighted the upcoming Vadhvan Port in Maharashtra's Palghar as a major development attracting significant global attention. Scheduled to create 1.2 million jobs once fully operational, this ambitious project is expected to have a transformative impact on India’s maritime industry. Speaking at the curtain-raiser event for ‘Sagarmanthan: The Great Oceans Dialogue,’ which will take place in Mumbai on November 18-19, 2024, Sonowal emphasized that the port, with an estimated investment of USD 10 billion, underscores India’s commitment to green and sustainable development. The minister also reflected on recent maritime milestones, including the recent foundation-laying of the Vadhavan Major Port by the Prime Minister on August 30. He noted that the port is not only a significant economic opportunity but also a crucial component of India’s green transition efforts, such as the Green Tug Transition Program, which aims to set a global example in climate action. Sonowal further recalled the success of the Global Maritime India Summit in 2023, where India secured over USD 119 billion in investment commitments. He urged global leaders, industry experts, and policymakers to actively participate in ‘Sagarmanthan’ and collaborate on harnessing the vast potential of the oceans for a more inclusive and sustainable future. 


05 Sep 24