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India Rises to 3rd in Global Solar Energy Generation, Surpassing Japan

India has officially become the world’s third-largest generator of solar energy, overtaking Japan, according to the latest data released by the International Renewable Energy Agency (IRENA). Union Minister of New and Renewable Energy, Mr. Prahlad Joshi, announced this milestone, marking a significant leap in India’s clean energy journey.
India generated 1,08,494 GWh of solar power, surpassing Japan’s 96,459 GWh—a testament to the nation’s focused push toward sustainable power sources. This development aligns with India’s broader goal of achieving 500 GW of non-fossil fuel-based electricity capacity by 2030.
“India is leading the way in the global clean energy revolution,” said Minister Joshi, crediting the progress to the visionary leadership of Prime Minister Narendra Modi.

Key Highlights:

  • India ranks 3rd globally in solar power generation, behind only China and the USA.
  • Generated 1,08,494 GWh of solar power, moving past Japan.
  • Achievement supports India’s 2030 target of 500 GW non-fossil fuel capacity.
  • Driven by multi-pronged strategies, including infrastructure, policy, and private sector participation.
  • Data sourced from IRENA, a global agency supporting clean energy transitions with data, policy insights, and investment guidance.
  • Announcement made by Minister Joshi on social media platform X (formerly Twitter).
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Deendayal Port Launches India’s First 1 MW Make-in-India Green Hydrogen Plant

In a landmark move towards sustainable maritime operations, Deendayal Port Authority (DPA), Kandla, has commissioned India’s first indigenously developed 1 Megawatt Green Hydrogen Plant. The plant was inaugurated by Hon’ble Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, marking a significant step forward in India’s clean energy journey. The event was graced by Shri Shantanu Thakur, Hon’ble Minister of State for Ports, Shipping & Waterways, Shri T.K. Ramachandran, IAS, Secretary of the Ministry, Shri Sushil Kumar Singh, IRSME, Chairman of Deendayal Port Authority, and senior officials from the Port and L&T.

Key Highlights:

  • India’s First 1 MW Green Hydrogen Plant:
  • Commissioned under the Make-in-India initiative at Deendayal Port, Kandla.
  • Part of a larger 10 MW Green Hydrogen Project announced by the Prime Minister in May 2025.
  • Fast-tracked Execution:
  • The 1 MW module was completed in just 4 months—a benchmark for green hydrogen infrastructure in India.
  • Capacity & Impact:
  • Can generate 140 metric tonnes of green hydrogen annually.
  • Puts India on the global map for maritime decarbonization and clean port operations.
  • Sustainability in Action:
  • Complements DPA’s earlier green initiatives such as India’s first Make-in-India all-electric Green Tug.
  • The hydrogen ecosystem was 100% engineered and executed by Indian talent, showcasing Aatma-Nirbhar Bharat in practice.
  • Leadership Recognition:
  • The Minister lauded the DPA team and L&T engineers for their speed, precision, and execution excellence.
  • Called the project a “shining example of Speed, Scale, and Skill.”

What This Means for India’s Green Maritime Mission:

This commissioning is more than a technological milestone — it’s a statement of intent. Deendayal Port Authority is not just modernizing port infrastructure but pioneering India’s green shipping vision, aligning perfectly with the country’s Net Zero goals. “This project sets a new benchmark in project execution for the green hydrogen industry in India,” said Shri Sarbananda Sonowal.
As India continues to accelerate its clean energy transition, DPA’s leadership highlights how ports can be innovation hubs driving national sustainability agendas.
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Mega Container Lines Set Sights on India’s Coastal Trade Boom

Global shipping giants are turning their attention to India’s emerging coastal cargo trade, drawn by growing domestic movement opportunities and a shift in Asia’s manufacturing landscape.

Key Developments

  • Maersk charts coastal expansion:
The Danish shipping major is reportedly planning to launch coastal services between Indian ports, with discussions underway to partner with regional feeder lines using India-flagged vessels.
  • CMA CGM goes domestic:
The French carrier has already reflagged the 2,592-TEU CMA CGM Victoria under the Indian registry—the first such move by a foreign line—and aims to add three more India-flagged ships soon.
  • Cabotage law backdrop:
While foreign-flagged vessels remain barred from domestic transport under Indian cabotage rules, policy reforms in 2018 have allowed free movement of export/import containers within the country.
  • Cost advantages for coastal shipping:
Government guidelines cap coastal vessel port charges at 60% of foreign-going vessel tariffs, supported by dedicated coastal berths across key ports to encourage a modal shift from road to sea.
  • Maersk’s inland push:
Maersk has previously explored barge logistics on India’s inland waterways for hinterland and Bangladesh-bound cargo, highlighting sustainability and cost-efficiency.
  • Active players in the coastal market:
Apart from a few Indian operators, DP World’s Unifeeder and Global Feeder Shipping (Middle East) are notable names active in India’s domestic cargo space.

Market Outlook

  • Coastal cargo volumes handled by major Indian ports in FY 2024–25 grew 4% year-on-year, reaching around 196 million tonnes.
  • India’s rapid industrialisation, urbanisation, and manufacturing diversification are seen as key drivers of long-term coastal trade growth.
  • Zones like GIFT City (Gujarat International Finance Tec-City) are gaining traction with regulatory and tax incentives that boost cargo potential.
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Greta Shipping Launches Three New Services Between Middle East and Indian Subcontinent

In a move set to boost regional connectivity, Greta Shipping, a new feeder operator backed by Chinese logistics giant Xiamen C&D, is entering the Middle East–India trade lane with three dedicated services starting mid-August.

Key Highlights:

  • New Entrant Alert: Greta Shipping is a Singapore-based subsidiary of Xiamen C&D, marking its formal entry into the regional feeder market.
  • Maiden Service Launch – JKX:
  • Route: Jebel Ali ↔ Karachi
  • Start Date: August 15, 2025
  • Vessel: Hui Fa (2,444 TEU)
  • Hapag-Lloyd confirmed as a co-loader on this loop.
  • Two More Services – JIX1 & JIX2:
  • Operate via slot-sharing with Hapag-Lloyd
  • JIX1:
  • Effective August 11
  • Route: Jebel Ali – Nhava Sheva – Jebel Ali
  • Integrated into Hapag-Lloyd’s IG1 loop
  • JIX2:
  • Launching August 13
  • Route includes Kandla via Hapag-Lloyd’s KWF service (recently extended)

Why It Matters:

  • Strengthens feeder links between Gulf hubs and key Indian ports.
  • Enhances port coverage, particularly with Kandla now included.
  • Increases carrier options and competitiveness in the regional feeder space.
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IMF Upgrades India’s Growth Forecast for 2025 & 2026

In a strong vote of confidence for India’s economic momentum, the International Monetary Fund (IMF) has revised India’s GDP growth forecast upwards in its latest World Economic Outlook Update (July 2025 edition).

The upgrade reflects a more favorable global economic environment and stronger domestic resilience than previously anticipated.

Key Highlights:

  • India’s GDP growth forecast for 2025 and 2026 has been raised to 6.4%, up by 0.2 and 0.1 percentage points respectively from the April outlook.
  • On a calendar-year basis:
  • 2025: Growth forecast revised to 6.7%
  • 2026: Maintained at 6.4%
  • For FY27, the IMF also nudged the growth estimate up by 0.1 percentage point to 6.4%.
  • In contrast, global growth is expected to be 3.0% in 2025 and 3.1% in 2026 — highlighting India’s outperformance on the global stage.

Why It Matters for Logistics

Stronger GDP growth means higher consumption, industrial activity, and investment — all of which drive demand for logistics, warehousing, and supply chain solutions. The upgraded forecast offers a positive outlook for freight forwarders, NVOCCs, and 3PL providers planning for capacity and expansion in 2025–26.
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Odisha Ports Attract ₹16.5 Billion Investment, Boosting Trade and Jobs

Odisha is rapidly emerging as a maritime powerhouse, thanks to strategic reforms led by the Odisha Maritime Board and the Commerce & Transport Department. With a focus on infrastructure, connectivity, and port modernization, the state is reshaping its role in both domestic and international trade.

Key Developments:

  • Massive Cargo Handling Boost:
  • Non-major ports now handle 80 MTPA.
  • Dhamra Port leads with 46.08 MTPA, followed by Gopalpur Port at 6 MTPA.
  • Generated ₹3.06 billion in revenue for FY 2024–25.
  • Paradip Port Tops National Rankings:
  • Retained its title as India’s largest cargo-handling major port with 150.41 MTPA.
  • Big-Ticket Investments & Job Creation:
  • JSW Utkal Steel Ltd to build a captive jetty — ₹2.10 billion investment, ~3,450 jobs.
  • Adani Ports & SEZ takes over Gopalpur Ports Ltd (95% equity) — ₹16.55 billion investment, ~5,000 jobs.
  • Port Infrastructure Modernisation:
  • Deep-draft berths and cutting-edge port tech are enhancing Odisha’s global trade integration.
  • Improved feeder services support industrial and agri-zone logistics.
  • Training & Safety Upgrades:
  • Simulators installed at Crew Training Institute (Chandbali) and Odisha Maritime Academy.
  • 35,000+ life-saving devices distributed to boat operators with a 95% subsidy, boosting inland water transport safety.
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Sagarmala in Motion: 272 Road & Rail Projects Drive India’s Port-Led Development

India’s ambitious Sagarmala Programme continues to gain momentum with 272 critical road and rail connectivity projects underway, Minister of Ports, Shipping and Waterways Sarbananda Sonowal informed the Rajya Sabha on Tuesday.
These projects, spanning implementation by the Ministry of Road Transport and Highways, Ministry of Railways, major ports, and private sector players, form the backbone of India’s drive toward port-led infrastructure growth.

Project Progress Snapshot:

  • Total projects: 272
  • Completed: 74
  • Under implementation: 67
  • Under development: 131
A National Sagarmala Apex Committee leads the charge on policy direction and inter-agency coordination. Parallelly, Maritime States Development Council (MSDC) meetings are fostering alignment across central and state bodies.

Investment & Mode of Execution:

  • 839 total Sagarmala projects identified 272
  • Estimated value: ₹5.79 lakh crore (~₹5.8 trillion)
  • Of these,
  • 119 projects worth ₹2.42 lakh crore are being executed in Public-Private Partnership (PPP) mode
  • Remaining projects are under government-funded EPC (Engineering, Procurement & Construction) mode
  • Governance & Tech-Driven Transformation:
  • To ensure faster rollouts and transparency:
  • The Sagarmala Funding Guidelines have been revised for better financial oversight and efficiency.
  • An MoU has been signed with C-DAC to establish a Digital Centre of Excellence (DCoE), focused on digital transformation in ports and shipping.
  • Digital Advancements:
  • Launch of SAGAR SETU – a digital platform to:
  • Enhance EXIM service efficiency
  • Reduce vessel and cargo documentation time
  • Promote paperless trade and ease of doing business
  • Introduction of a standardised Scale of Rates (SOR):
  • Ensures uniformity in service definitions
  • Provides transparent port tariff structures
This update reflects India’s commitment to modernizing its maritime logistics ecosystem through a combination of infrastructure development, policy reforms, and technology integration. Stay tuned for more insights as we track progress across the Sagarmala corridor.
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Industrial & Warehousing Space Leasing Soars 63% in H1 2025 — Sets New Record: CBRE

India’s industrial and warehousing sector is on a tear — leasing activity hit an all-time high of 27.1 million sq. ft. in the first half of 2025, marking a 63% year-on-year surge, according to CBRE’s latest report. This explosive growth reflects the booming demand from 3PL providers and e-commerce giants, who are rapidly scaling operations to meet rising consumer expectations and enhance supply chain efficiency.

Key Highlights:

  • Record Leasing Volume:
  • 27.1 million sq. ft. leased across 8 major Indian cities in H1 2025 — highest ever recorded.
  • Demand Drivers:
  • Third-Party Logistics (3PL): Accounted for 32% of leasing.
  • E-commerce Players: Took up 25%, underscoring digital retail’s supply chain expansion.
  • Top Performing Markets:
  • Delhi-NCR led with 7.3 million sq. ft. leased.
  • Bengaluru: 4 million sq. ft.
  • Hyderabad: 3.6 million sq. ft.
  • Kolkata: 3.3 million sq. ft.
  • Other active markets: Mumbai, Chennai, Pune, and Ahmedabad.
  • Supply Additions:
  • 16.7 million sq. ft. of new warehousing space added.
    Bengaluru, Chennai, and Mumbai contributed 57% of the new supply.
  • What’s Driving the Trend?
  • Rising consumer expectations.
  • Supply chain digitisation and consolidation.
  • Shift toward premium, tech-enabled, and sustainable facilities.
  • Growing warehousing demand in tier-II cities.
  • Outlook for H2 2025:
  • CBRE forecasts continued leasing momentum, driven by 3PL, e-commerce, and retail sectors.
Insight: The logistics landscape in India is undergoing a structural transformation — with warehousing demand expanding both in scale and geography. For businesses, this is the time to rethink location strategies, adopt automation, and invest in scalable infrastructure.
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Core Merchandise Exports Rise 7.2% in Q1 FY26: Signs of Resilience in India’s Trade Performance

India’s trade momentum is showing encouraging signs of resilience despite ongoing global uncertainties. According to the Monthly Economic Review by the Department of Economic Affairs (DEA), India’s total exports (goods and services) rose 5.9% year-on-year in the first quarter of FY26 (April–June 2025). More significantly, core merchandise exports — which exclude petroleum and gems & jewellery — saw a stronger 7.2% YoY growth.
This growth highlights the sustained strength of India’s external sector amid shifting global trade dynamics.

Key Highlights:

  • Core merchandise exports up 7.2% YoY, showing robust non-oil, non-gold export strength.
  • Total exports (goods & services) rose 5.9% YoY in Q1 FY26.
  • Forex reserves remain healthy, providing over 11 months of import cover, reinforcing economic stability.
  • The Indian Rupee maintained stability in June 2025, despite oil price fluctuations and geopolitical unrest in the Middle East.
  • UNCTAD reported a global trade rebound in Q2 2025 after a slowdown in Q1, driven mainly by developed economies.
  • Trade Policy Uncertainty Index fell by 35% from April to June 2025, indicating improving global trade sentiment.
  • Countries worldwide are:
  • Increasing bilateral negotiations to resolve trade disputes.
  • Diversifying supply chains and encouraging domestic manufacturing in key sectors.

Global Trade Context:

The broader global trade environment remains cautious but stable. While the first half of 2025 saw a USD 300 billion increase in trade value, growth was uneven — with developed nations leading and developing countries showing weaker performance.

Nations are actively countering trade volatility by:

  • Promoting self-reliance in critical industries.
  • Expanding supplier bases across geographies to minimize disruptions.
  • Engaging in strategic bilateral trade agreements to navigate the complex global economic landscape.
India’s steady export growth, stable currency, and strong forex reserves position it favorably amid an increasingly fragmented world economy. The coming quarters will be crucial in determining whether this resilience translates into sustained momentum for FY26.
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India’s Digital Payments Soar: 650 Billion Transactions Worth $138 Trillion in Just Six Years

India’s digital payment revolution is rewriting the rules of financial inclusion. In a remarkable six-year journey, the country clocked over 65,000 crore (650 billion) digital transactions, with a staggering total value of ₹12,000 lakh crore (US$ 138.26 trillion).
Union Minister of State for Finance, Mr. Pankaj Chaudhary, credited this boom to collaborative efforts between the Government, RBI, NPCI, fintechs, banks, and state governments, particularly in expanding digital penetration across tier-2 and tier-3 cities.

Key Highlights:

  • 650 Billion Transactions processed digitally over six years
  • ₹12,000 Lakh Crore (US$ 138.26 trillion) in total transaction value
  • 47.7 Million digital acceptance points deployed under RBI's PIDF across underbanked regions
  • Special focus on North-East and Jammu & Kashmir for infrastructure deployment
  • Digital Credit Assessment Model for MSMEs launched in March 2025
  • 98,995 loans sanctioned using digital data such as PAN, GST, bank statements & tax returns
  • India’s Forex Reserves stand strong at ₹60.48 lakh crore (US$ 696.7 billion), covering 11 months of imports
  • Proposal by Indian Banks' Association to declare all Saturdays as bank holidays
  • 96% staffing levels in Public Sector Banks (PSBs) as of March 2025

What This Means for Logistics & MSMEs:

The growing digital payments ecosystem and MSME-focused credit reforms are unlocking faster financing and streamlined cash flow for logistics operators. The new digital credit model promises easier access to capital, enabling fleet expansion, working capital management, and technology adoption, especially for small transporters and freight forwarders in non-metro areas.
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