Inland, coastal maritime technology centre coming up at IIT-Kharagpur

Top Stories

»	Q3 earnings, inflation data and US tariff uncertainty likely to drive Sensex, Nifty next week
»	Centre aims to transform 100 high-potential districts into Global Export Champions
»	PHDCCI seeks incentives in Budget 2026-27 to push growth of MSME sector
»	Labour Codes to boost social security for mine workers: Minister
»	Sensex, Nifty open lower amid tariff-related concerns

SME Times News Bureau | 11 Mar, 2019
The Ministry of Shipping, under its flagship Sagarmala Programme, is setting up a state-of-the-art Centre for Inland and Coastal Maritime Technology (CICMT) at IIT-Kharagpur at a cost of Rs 69.20 crore, the institute said on Sunday.

The Centre will provide applied research and development, as also real world solutions for the inland and coastal waterways sector, as also coastal waterways transportation.

It would also provide tools and technological inputs to double the share in intermodal transport for domestic waterways freight carrying capacity, the IIT-Kharagpur statement said.

The project is of strategic long-term interests for the port and maritime sector of the country and is being fully funded under unique and innovative projects under Sagarmala.

The funding for CICMT is for five years after which revenues generated from the end users will make it sustainable.

Currently, there is no testing and experimentation facility available in the country for inland and coastal vessels for which the shipbuilders have to approach various European countries. The CICMT is expected to address this long-felt need, the statement said.