Budget 2025: Maritime Advancements to Boost Supply Chain & Trade

The Union Budget 2025 introduces significant measures to enhance India’s maritime sector, focusing on shipbuilding and logistics efficiency. Leo Peter Charles, Founder & Managing Director of Jane Solutions, underscores how these initiatives will expand India’s shipping fleet, reduce reliance on foreign vessels, and lower logistics costs. Strengthening domestic shipbuilding will have a profound impact on fisheries and agri-export sectors, ensuring faster and more cost-effective global trade. Additionally, improved port infrastructure and coastal connectivity will elevate India’s position as a key player in international trade, reinforcing supply chain resilience and competitiveness.