Mumbai, Oct. 29 -- At India Maritime Week 2025 in Mumbai, five Memorandums of Understanding (MoUs) worth over Rs 4,000 crore were signed by DP World of Saudi Arabia, marking a major step in India's maritime growth journey.

The agreements aim to strengthen port infrastructure, shipbuilding, and logistics capacity, aligning with the government's long-term plan to make India a global maritime hub.

Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said, "Today, five MoUs worth over Rs 4,000 crores have been signed by DP World. It is a great initiative, and I believe this is how we are building our ecosystem of business policy and engagement in this maritime sector. This is mutual growth."

Sonowal noted that these collabor...