Union Minister Nitin Gadkari, emphasized the need for India to focus on reducing the cost of fuel to boost inland water transport within the country, reported Money Control.
Speaking during the third edition of the Global Maritime India Summit, held in Mumbai via videoconference on October 18, Gadkari said India should start exploring the use of ethanol as fuel for inland waterways.
He also highlighted the government’s commitment to nurturing partnerships to drive further growth in the inland water transport sector, with plans for several national waterways to be developed under the public-private partnership (PPP) model. Gadkari encouraged Cochin Shipyard to acquire cutting-edge global technology and commence the manufacturing of various types of ships, catamarans, and hovercraft within India.
The three-day maritime event, which kicked off in Mumbai on October 17, provided a platform for discussions on various initiatives. G