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17/02/24 11:30 AM IST

‘Sagar Aankalan’ guidelines for Indian Port Performance Index

In News
  • The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal launched ‘Sagar Aankalan’ guidelines during the stakeholders meet for implementation of the MoUs signed earlier at the Global Maritime India Summit 2023 (GMIS 2023).
About Index
  • The “Sagar Aankalan” Guidelines for National Benchmarking of Indian Ports Performance would be applicable to all Indian seaports with an aim to achieve; Mapping and benchmarking of Indian Port’s – logistics performance and efficiency, Harmonisation of standards, definitions and performance with global benchmarks, Improving competitiveness, efficiency and overall performance of the port sector with focus on improvement, productivity, sustainability and customer satisfaction.
  • With a focus on sustainable development, technological advancements, and enhancing maritime infrastructure, the Global Maritime India Summit 2023 facilitated strategic dialogues among industry leaders, policymakers, and stakeholders.
  • This collaboration aims to harness the potential of India's vast coastline and maritime resources for the benefit of all.
GIMS 2023
  • GMIS 2023 emerged as one of the largest maritime summits globally, attracting a record-breaking investment commitment of ₹10 lakh crore.
  • The signing of 360 MoUs, with an investment commitment of ₹8.35 lakh crore, and the announcement of additional investible projects worth ₹1.68 lakh crore, underscored the immense potential of India's maritime sector.
  • The MoUs signed at GMIS 2023 encompassed various facets of the maritime sector, including port development, modernization, green hydrogen and ammonia, port-led development, cruise sector, business and commerce, shipbuilding, and knowledge sharing.
  • These initiatives are poised to drive innovation, foster economic growth, and strengthen India's position as a global maritime leader.
Source- The Hindu

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