MoPSW Facilitates Exchange of 27 MoUs Worth Over Rs.66,000 Crores at ‘Samudra Se Samriddhi’ Event in Bhavnagar, Gujarat.

In September 2025, the Ministry of Ports, Shipping and Waterways (MoPSW) recently announced the exchange of 27 MoUs worth over Rs.66,000 crores during the “Samudra Se Samriddhi – Transforming India’s Maritime Sector” event held in Bhavnagar, Gujarat. The MoUs involved public and private sector stakeholders, State governments, and international partners, underlining India’s push for enhanced maritime infrastructure and strategic partnerships.

      - The signing ceremony was attended by Union Minister Sarbananda Sonowal (MoPSW), Dr. Mansukh Mandaviya (Ministry of Labour & Employment and Ministry of Youth Affairs & Sports), and Union Minister of State (MoS) Shantanu Thakur (MoPSW), highlighting the event’s national significance.

      - The Gujarat Maritime Board (GMB) signed multiple MoUs with private partners such as Act Infra Ports Limited, Modest Infrastructure, Chowgule & Company, and Swan Defence and Heavy Industries Limited (SWAN Defence), totaling over Rs.13,600 crores to strengthen state-level maritime operations.

Main Point :-   (i) The event marked the inauguration of critical maritime projects, including the HPLNG (Hazira Port Liquefied Natural Gas) Regasification Terminal at Chhara Port, Gujarat, and key Renewable Energy (RE) initiatives, demonstrating the government’s focus on modernizing maritime infrastructure.

      (ii) An MoU was signed by Paradip Port Authority, Visakhapatnam Port Authority, Sagarmala Finance Corporation Limited, and the Odisha government to establish a new port in Odisha with an investment of Rs.21,500 crores, aimed at boosting regional trade and connectivity.

(iii) The Directorate General of Lighthouses signed an MoU with Indian Port Rail & Roadways Corporation to construct the world’s tallest lighthouse museums, valued at Rs.266 crores, with a height of 77 metres at the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat, promoting maritime heritage tourism.
About Ministry of Ports, Shipping and Waterways (MoPSW)