India plans to add 62 new vessels in current financial year to boost in shipping

Dusmanta Behera
Dusmanta Behera - Editor-in-Chief
1 Min Read

NewzVille Desk

Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said India is advancing a roadmap to add 62 vessels in the financial year 2026-27, backed by an investment of over 51,000 crore rupees.

Chairing a high-level inter-ministerial review meeting in New Delhi yesterday regarding the Strait of Hormuz, Sonowal called for urgent expansion of the country’s shipping capacity to strengthen resilience against external disruptions.

He also reviewed the joint venture between the Shipping Corporation of India and the oil public sector undertakings to acquire 59 vessels.

Sonowal reiterated that the safety and security of Indian seafarers remain a top priority for the government.

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Dusmanta Behera
By Dusmanta Behera Editor-in-Chief
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Dusmanta Behera's pioneering experience of 26 years includes key roles at News Today Pvt Ltd, ETV Networks, Lok Sabha TV. Rajya Sabha TV, and Sansad TV. As an accredited Video Journalist for more than 15 years under MI&B, Government of India covered State Visits of Prime Minister and Vice President. Valuable Contributions include Series on "National Security" and Chamber Telecast. Key interest remains in Documentaries on Armed Forces and Travelogues.
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