Minister for Ports, Shipping & Waterways emphasises on setting up of National Transport Facilitation Committees

India’s data centre industry is expected to add 560 MW during 2021-23 leading to a real estate requirement of 6 million sq ft. He added that the industry is expected to grow exponentially to reach 1,007 MW by 2023 from 447 MW.

GN Bureau | September 15, 2021


#National Transport Facilitation Committees   #data centre industry   #Data Centre   #ASEAN   #transportation and trade  

Union Minister for Ports, Shipping & Waterways and AYUSH, Sarbananda Sonowal has underlined the importance of cross-border connectivity among India and developing nations of South-East Asia. Addressing the ASEAN summit on Future of India-ASEAN Connectivity Partnerships virtually from New Delhi. The Minister said that greater connectivity between ASEAN nations has long been both an economic and strategic objective for the ASEAN–India partnership. He said connectivity provides the transmission channels through which development impulses can spread across the region and can add to the dynamism of economic and social progress.

The Minister said, India–ASEAN free trade agreement (FTA) is central to India’s growing engagement with her eastern neighbours. In this direction, he said, an extension of the Trilateral Highway to Cambodia, Laos and Vietnam will enable greater connectivity and economic integration of India's northeast with its eastern neighbours. He informed that India has helped construct two key stretches of the 1,360-km trilateral highway in Myanmar, but work on several other sections and the upgrade of nearly 70 bridges has been held up by a variety of factors. This highway will allow access to markets across the ASEAN region and boost people-to-people ties.
 
Sonowal emphasised upon setting up of National Transport Facilitation Committees (NTFCs) of member countries to facilitate cross-border transportation and trade. He said the physical connectivity between India and Neighbouring south-east Asian countries will enable small and medium-sized enterprises in the border areas to explore new business opportunities.
 
The Minister also stressed the need to realise that India and ASEAN are fast-growing consumer markets with a growing middle class and young population that is increasingly digitally connected. As such beyond the movement of goods and physical connectivity, it is also important for two regions to explore ways to enhance digital connectivity. He said the Government of India has been making efforts to turn India into a “Global Data Hub” through various policies and reforms. India’s data centre industry is expected to add 560 MW during 2021-23 leading to a real estate requirement of 6 million sq ft. He added that the industry is expected to grow exponentially to reach 1,007 MW by 2023 from 447 MW.

Comments

 

Other News

SRE is a mindset

In 2010, I attended a self-development program called ‘Seven Habits of Highly Effective People’.  This program deeply impacted me, and I underwent a life-changing experience. Stephen Covey writes, “The way we see the problem is the problem.” We must allow ourselves to undergo p

“But for Nehru’s non-alignment, India would’ve been where China is today”

Dark Secrets: Politics, Intrigue and Proxy Wars in Kashmir By Iqbal Chand Malhotra Bloomsbury, 277 pages With his latest work, ‘Dark Secrets’, scholar and media personality Iqbal Chand Malhotra continues the investigation he began with

Maharashtra schools to reopen on January 24

Maharashtra has announced the reopening of schools for classes 1-12 from January 24 with Covid protocols. Education minister Varsha Gaikwad said on Thursday that the government will reopen schools for classes 1-12th with Covid protocols from January 24. “We have also decided to open p

No irregularly in appointment of engineer: BMC counters BJP MLA

The BrihanMumbai municipal corporation (BMC) has rejected BJP MLA Ameet Satam’s demand in a letter to BMC commissioner Iqbal Chahal to cancel the appointment of Sunil Rathod, deputy chief engineer, building and proposal department, western suburbs, for getting caught red-handed accepting bribe by ACB

Cast your vote, not vote for caste

Once the schedule for the next assembly elections has been announced, there is a flurry of activity around building caste coalitions. This is more intense in the most populous state,  Uttar Pradesh, which is the most important state in India in any election, in view of its large population estimated a

Maharashtra cities dominate Smart Cities Mission #Streets4People Challenge

In a competition organised by the Ministry of Housing and Urban Affairs (MoHUA), Pune, Pimpri-Chinchwad, Nagpur and Aurangabad from Maharashtra are among the 11 cities selected for scaling up their pilot projects and creating permanent public infrastructure. #Streets4People Challenge was org

Visionary Talk: Farmer`s Agitation, Rakesh Tikait with Kailashnath Adhikari


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter