Union Minister Sarbananda Sonowal unveiled key initiatives aimed at modernizing India’s maritime infrastructure. These initiatives, launched in Mumbai, align with the Union Budget’s focus on revitalizing the sector and positioning India as a leader in global trade.

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• Sarbananda Sonowal launches ‘One Nation-One Port Process’ (ONOP) to streamline and standardize port operations across India.
• ONOP will reduce inefficiencies, cut costs, and enhance competitiveness in global maritime trade.
• The Logistics Port Performance Index (LPPI) for FY 2023-24 was introduced to benchmark and improve port performance.
• India ranks 22nd in the World Bank’s Logistics Performance Index for international shipments.
• Bharat Global Ports Consortium aims to expand India’s maritime reach and boost global trade resilience.
• The MAITRI App, using AI and blockchain, simplifies trade processes and connects India with UAE and other regions like BIMSTEC and ASEAN.
• The app aims to reduce processing times and improve trade flows between nations.
• India Maritime Week to be held in Mumbai from October 27-31, featuring global maritime summits and dialogues.
• Sonowal announces ₹25,000 crore Maritime Development Fund for port and shipbuilding infrastructure modernization.
• Customs duty exemptions on shipbuilding inputs extended for another decade to support the industry.
• India aims to become a top player in global maritime trade with a future-ready and sustainable ecosystem.