Green shipping, shipbuilding, and port-led development at the core of India’s blue economy vision.
India Charts $1 Trillion Maritime Investment Roadmap: Sonowal.
Union Ports, Shipping and Waterways Minister Sarbananda Sonowal on Wednesday announced that India has prepared a $1 trillion maritime investment roadmap to transform the country’s shipping, ports, and logistics ecosystem. Speaking at the curtain raiser of India Maritime Week 2025, attended by international delegates from Malta, Sri Lanka, South Korea, Japan, and Belarus, Sonowal highlighted opportunities for joint ventures in port development, cargo terminals, shipbuilding, ship repairs, ship recycling, and maritime services. A key focus will be on green hydrogen hubs and sustainable shipping solutions, with an emphasis on transitioning towards low-emission and hydrogen-powered vessels. Delegates also underlined the vast scope of India’s blue economy, stressing the importance of environmentally responsible maritime growth. Sonowal said the roadmap aligns with India’s vision of becoming a global maritime leader by boosting infrastructure, strengthening shipbuilding capacity, and driving port-led development as part of the country’s broader economic growth strategy.