Insta
Govt May Make 'Made In India' Barges Mandatory For Coastal, Inland Waterways Movement To Promote Ship-Building Industry
Representative Image
In what could be a major push for domestic shipbuilding sector, the Ministry of Shipping is said to be mulling on making the use of domestically manufactured barges mandatory for coastal and inland waterways movement, reports Economic Times.
The development comes after the ministry had recently directed all the major ports in the country to only procure or charter tug boats which have been made in India. All the procurements being pursued by the major ports will now need to be carried out as per the revised 'Make in India' Order issued by Shipping Ministry.
The ministry is said to be considering the idea as a part of its exercise to formulate the Maritime Vision 2030.
The development of the domestic shipbuilding industry with a special focus on the local manufacturing of barges is one of the key agendas of the government. It is also looking to bring down the cost of barges to make the Indian industry more competitive for the export markets.
The ministry is also looking to accord infrastructure status to ships besides pushing the PSUs to use coastal and inland waterways to generate demand for Indian barges.
At present, the ship-building industry remains concentrated in nations like China, Japan and South Korea, with India being a leading global player in ship recycling.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
