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Infrastructure Status To Shipping Industry

Girish Aggarwal, Managing Director, APM Terminals Pipavav says infrastructure status to the shipping industry will enable access to affordable, long-term financing for port modernization.

BY Realty+
Published - Friday, 31 Jan, 2025
Infrastructure Status To Shipping Industry

India’s maritime sector is on the threshold for transformative growth, strengthened by policies like the National Logistics Policy and the Maritime India Vision 2030. The sector has a remarkable foundation and can benefit further with focused policy interventions to fully unlock its potential.

The Union Budget 2025-26 can play a pivotal role by granting infrastructure status to the shipping industry, enabling access to affordable, long-term financing for port modernization.

Additionally, incentivizing green initiatives—such as renewable energy adoption, carbon-neutral operations, and digital transformation—will empower port operators to support India’s net-zero commitments while enhancing competitiveness.

 

 

 

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