India makes ₹2 trillion investment to its maritime sector
The Ministry of Ports, Shipping and Waterways (MoPSW) is focused on strengthening India’s maritime sector, with ongoing projects worth ₹2 trillion and set a goal to complete at least 150 projects by September 2025.
One of the major goals is to make India one of the top 5 shipbuilding nations by 2047, with plans to expand shipbuilding capacity by adding 4 million Gross Registered Tonnage (GRT). To support this ambition, policies and skill development initiatives are being formulated, with increased collaboration between the central and state governments.
The ministry has also laid out a roadmap for a greener, more sustainable shipping industry. This includes the establishment of the Bharat Container Shipping Line under the Shipping Corporation of India (SCI) and the development of a Coastal Green Shipping Corridor, beginning with the Kandla-Tuticorin route.
