India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
Kolkata to join water metro network; Bengal eyes separate shipping department: CM Suvendu AdhikariWest Bengal is planning a dedicated shipping wing and exploring minor port development. A deep-sea port project will proceed at Dadanpatrab...
Sagarmala Finance plans India's first blue bond issueSagarmala Finance Corporation is set to launch India's first blue bonds this fiscal year. The state-owned lender aims to raise up to ₹1,000...
Why Kuehne+Nagel is betting big on India’s supply chain ambitionsThe global logistics major says it will double its warehousing capacity in India by 2030, as it sees the country emerging as one of the wor...
India's first maritime-focused lender eyes $1 bln FY27 fundraiseSagarmala Finance Corp. will raise 100 billion rupees in FY27. This funding will support ports, shipbuilding, and waterways. The company wi...
Sagarmala program: 50 projects worth Rs 3,581 cr under implementationFifty projects valued at Rs 3,581 crore are currently underway as part of the government's Sagarmala initiative. The Ministry of Ports, Shi...
BEML, Sagarmala Finance Corporation ink pact to boost India's maritime manufacturing sectorSMFCL, formerly known as Sagarmala Development Company Limited, is the country's first maritime sector-specific non-banking financial compa...
Sagarmala programme enhanced to Rs 6.5 lakh croreAddressing journalists after the event, Shipping Minister Sarbananda Sonowal said, "The new Sagarmala programme will also enhance the empha...
Over 800 projects worth Rs 5.48 lakh cr identified for implementation under Sagarmala programme: Shipping MinisterSagarmala programme includes projects from various categories, such as modernisation of existing ports and terminals, new ports, terminals,...
Sagarmala project to boost GDP by 2 per cent: Ocean GroupThe Sagarmala project, a progamme aimed at economic development of the country through port-led activities, will boost the GDP by 2%, the c...
Sagarmala to save up to Rs 40000 crore per year in logistics by 2025An emphasis on coastal shipping to complement road and rail transport can lead to overall logistic cost savings.
Government identifies 150 critical infrastructure projects under SagarmalaAs many as 13 states and union territories are involved in Sagarmala initiative which will be implemented across India's 7,500 km coastline.
Government roping in multilateral agencies for Rs 3.5 lakh crore Sagarmala projectSagarmala Development Company is also seeking the support of Asian Development Bank and other multilateral agencies for program loans.
Nitin Gadkari to chair Sagarmala apex committee meet on MondayThe maiden meeting tomorrow of the apex body of Sagarmala, an ambitious port-led development project along India's 7,500 km coastline, will...
Government plans transshipment port under Sagarmala projectThe plans were discussed at a high-level meeting to review Sagarmala initiatives, chaired by Road Transport & Highways and Shipping Ministe...
Narendra Modi to create special post in shipping ministry for Sagarmala projectNarendra Modi government is creating a new post in the shipping ministry to take charge of its ambitious Sagarmala project.
Sagarmala to have 12 smart cities, coastal eco zones: Nitin GadkariAt least 12 smart cities and several coastal economic zones will come up under the ambitious Sagarmala project, lifting GDP growth by 2 per...