New Delhi, June 3 -- On June 3, 2025, Union Commerce and Industry Minister Piyush Goyal met Singapore's Deputy Prime Minister Gan Kim Yong in Paris to discuss enhancing economic ties, with a focus on India's burgeoning shipping sector.

This meeting underscores India's strategic efforts to bolster its maritime industry and attract international investment.

Minister Goyal emphasised India's vast potential in the shipping sector, highlighting the nation's 7,500 km coastline and its pivotal role in global trade.

He noted that 95% of India's trade volume is handled through ports, and the government is actively working to improve port infrastructure and logistics systems.

Initiatives like the Unified Logistics Interface Platform (ULIP) aim ...