Business
October 2, 2023
3 min

Inland Waterways Sector : Opening Limitless Opportunities for India - India Shipping News

The Inland Waterways sector in India is experiencing a transition as private players invest in the industry. This mode of transportation, which was once the lifeline of trade and commerce, lost its charm with the advent of newer modes of transport. However, efforts are being made to revive waterways with public-private partnerships. Inland Waterways offer various opportunities such as ship building, bulk-cargo transportation, infrastructure services, passenger transportation, and river tourism. It is not only beneficial for domestic cargo but also for EXIM cargo traffic to and from neighboring countries. Additionally, it is a greener and cost-effective mode of transport that can help reduce congestion and carbon footprint. The industry holds enormous potential for growth, with a demand for infrastructure development and connections between inland waterways and sea ports. The future of the industry lies in the hands of both private and public players.

Source: Link

Recent News
Read More
Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry