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India plans big for Kochi

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Aims to elevate Kochi as Maritime cluster & Hub for green Ship

Addressing the gathering at Kochi during the recent inauguration of infra projects in Kochi the Union Minister of Ports, Shipping & Waterways and Ayush, Mr Sarbananda Sonowal noted that within the framework of Maritime India Vision 2030 (MIV), India is poised to ascend to the Top 10 global ranking in both shipbuilding and ship repair. 

Aligned with the ambitious goals set forth in the Maritime Amrit Kaal Vision 2047, India aims to elevate Kochi into a prominent Maritime Cluster and a Global Hub for Green Ship with its Green Tug Transition Programme (GTTP) said Mr Sonowal. 

With shipping added into the Harmonised Master List of Infrastructure Sectors, the sector will get benefit to avail long term, low cost funding for acquisition of shipping tonnage to Indian shipping companies.

A Maritime Development Fund (MDF) is also being set up to provide competitive long term financial assistance to shipping sector. 

CSL has received global recognition after successful delivery of autonomous electric barges to Norway recently. 

With strong products like Next Generation Green Technology ships like Hybrid Electric Catamaran, Hydrogen Fuel Cell Ferry etc, CSL is poised to play an anchor role in India’s resurgence as a major maritime player in the world.”

The Ministry of Ports, Shipping & Waterways (MoPSW), is also working on to set up a Centre of Excellence in Shipbuilding & Repair to foster innovation in Ship building and repair particularly for large and upcoming vessel segments.

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