- Union Minister Sarbananda Sonowal invited South Korean firms to invest in India's shipyards and maritime sector. - Emphasized the need for global shipping rules that are transparent, equitable, and universally applicable. - Highlighted India's growth as a major maritime hub and potential for technological collaboration in shipbuilding and marine equipment. - **Ministry of Ports, Shipping and Waterways:** The Indian government ministry responsible for formulating policies and overseeing the administration, development, and regulation of India's maritime sector, including major ports, shipping, and shipbuilding infrastructure. **Introduction** Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal engaged with South Korean companies to attract investment into India's shipyards, calling for universal global shipping rules and deepening bilateral maritime cooperation. **Core Issue and Detailed Points** - Union Minister Sarbananda Sonowal invited South Korean firms to invest in India's shipyards and maritime sector. - Emphasized the need for global shipping rules that are transparent, equitable, and universally applicable. - Highlighted India's growth as a major maritime hub and potential for technological collaboration in shipbuilding and marine equipment. **Key Statutory Bodies, Acts & Concepts** - **Ministry of Ports, Shipping and Waterways:** The Indian government ministry responsible for formulating policies and overseeing the administration, development, and regulation of India's maritime sector, including major ports, shipping, and shipbuilding infrastructure.