Union Minister Sarbananda Sonowal to chair high-level industry consultation in Mumbai

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal will chair a high-level industry consultation in Mumbai today. The event will bring together industry leaders, government officials, and stakeholders to discuss key maritime sector announcements from Union Budget 2025 and their impact on India’s maritime growth.

Senior officials of the Ministry of Ports, Shipping, and Waterways (MoPSW), including the Secretary (MoPSW), port authorities, all subordinate organisations, Consulate Generals of major maritime nations, maritime associations, and major maritime industry stalwarts will participate in discussions on modernising maritime infrastructure, improving operational efficiency, and



promoting sustainability in the sector.

The event will include strategic Dialogue on Budget 2025 and the establishment of the 25,000 crore rupees Maritime Development Fund (MDF): which aims to support long-term investments in the sector.

The Union Minister will announce the dates for two significant events aimed at strengthening India’s global maritime leadership. He will also announce initiatives aimed at further strengthening India’s position as a global maritime leader. There will be technical Sessions on Shipbuilding and Shipbreaking.  The event will feature focused discussions on shipbuilding and shipbreaking policies.