India's Inland Waterways Achieve Record Cargo Movement with Green Tech Innovations
Key Ideas
- India achieved a record 145.5 million tonnes cargo movement on inland waterways in FY 2024–25, showcasing a remarkable CAGR of 20.86%.
- The government has expanded the National Waterways to 111, focusing on infrastructure development like Multi-Modal Terminals, Inter-Modal Terminals, community jetties, and green tech solutions including Hybrid Electric and Hydrogen Vessels.
- The launch of the Jalvahak Scheme with a budget of ₹95.42 crore aims to incentivize cargo owners with a 35% operating cost incentive for shifting to waterways and introducing scheduled services on key routes.
- Policy measures like extending tonnage tax to inland vessels, regulatory frameworks for private investments, and port integration are enhancing the efficiency and sustainability of inland water transport in India.
India has achieved a significant milestone in its inland water transport sector, with a record-breaking cargo movement of 145.5 million tonnes in the fiscal year 2024–25. This achievement reflects a substantial growth rate of 20.86% and highlights the country's commitment to enhancing its inland waterways infrastructure. The government has expanded the National Waterways from 5 to 111, with a focus on developing key infrastructure such as Multi-Modal Terminals, Inter-Modal Terminals, community jetties, and embracing green technologies like Hybrid Electric and Hydrogen Vessels to promote sustainability and reduce pollution. Initiatives like the Jalvahak Scheme, with a budget of ₹95.42 crore, aim to incentivize cargo owners to utilize waterways by offering operating cost incentives and scheduled services on strategic routes. Furthermore, policy measures including extending tonnage tax benefits to inland vessels, creating regulatory frameworks for private investments, and integrating ports with inland waterways are driving efficiency and promoting private sector participation. The government has set ambitious targets to increase the modal share of freight movement through inland waterways and aims to achieve more than 200 million metric tonnes by 2030 and over 500 million metric tonnes by 2047 as part of its Maritime Amrit Kaal Vision. These developments signify a positive outlook for the growth and sustainability of India's inland water transport sector.
Topics
India
Infrastructure Development
Sustainable Transport
Government Targets
Policy Initiatives
Private Investment
Logistics Efficiency
Cargo Movement
Maritime Vision
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