Gadkari highlights Indian space technology

The Sagarmala programme has identified projects requiring investment of US$100 billion by 2025, of which, about US$40 billion already stands spent, said Shipping Minister Nitin Gadkari.

These are 6 new major ports, 150 projects to modernize existing ports including construction of new berths, and 130 projects in rail and road sectors for last mile connectivity, he told the International Maritime Organization in London on 28 Nov 2017.

Among others 111 inland waterways fit for river navigation have been identified, of which 32 will be developed in the first phase at an estimated investment of US$800 million.

“These projects provide major investment opportunities for the International Community,” said Gadkari.

India is a key player in the space technology with the distinction of launching into orbit a record breaking 104 nano satellites, from a single rocket on 14th Feb, 2017, he pointed out.

“I am happy to note, that application of “Indian Regional Navigational Satellite System or IRNSS” in the maritime field is being pursued in IMO. I am sure, the maritime community will benefit with the induction of this additional new facility,” said the Minister. fii-news.com