India, Oct. 27 -- The Government of India has issued a release:
: Mumbai, 27th October, 2025
The Union Minister of Road Transport and Highways, Shri Nitin Gadkari, addressed the India Maritime Week 2025 in Mumbai today, focusing on the theme "Innovative Mechanisms for Ship Financing."
Shri Gadkari highlighted that India's maritime sector, valued at nearly USD 1 trillion (Rs.84 lakh crore), holds immense investment potential in ports, shipping, and logistics. Drawing from the success of the Ministry of Road Transport and Highways (MoRTH) in mobilizing Rs.1.4 lakh crore through ToT, InvITs, and PPP models-raising private participation from 10% to 35%-he emphasized that similar approaches could accelerate project execution, improve quality,...