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Govt expecting investment of Rs 80 lakh crore in India’s maritime industry: Sonowal
Oct-15-2025

The Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said that the government is expecting an investment of Rs 80 lakh crore in India’s maritime industry, including ports, shipbuilding and ship repair, among others, in the next 25 years as the country aspires to become one of the top five shipbuilding nations by 2047. He said that various policy initiatives have been taken under the leadership of Prime Minister Narendra Modi to propel the maritime industry in the country.

Outlining the government's vision for the maritime sector, the minister said ‘India's maritime journey is entering a new chapter under the vision of Prime Minister Narendra Modi, we are working to transform our ports, shipping, and logistics ecosystem into one that is resilient, sustainable, and future-ready.’ He said that under the twin vision, Maritime Vision 2030 and Maritime Amrit Kaal Vision 2047, India will be one of the top 10 shipbuilding nations in the world in the next five years, and by 2047, the fifth largest. He also said ‘the maritime sector of India is also aligned with the vision of Viksit Bharat 2047, and by 2047, we aim to witness large-scale investments, world-class infrastructure, and enhanced global competitiveness across our blue economy. This opens vast avenues for international collaboration, including a 1 trillion US dollars maritime investment roadmap.’

He further said so in the next 25 years, this sector will have a good, huge investment of Rs 80-lakh crore and in all segments, whether it is port, institutions research, design, shipbuilding, ship repair, ship recycling, and all other ecosystems. He added that and every article of this maritime industry will be strengthened, and it will create such an ecosystem, which will draw the attention of the global giant in this sector to put their investment in India.


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