India has set sail on a bold and visionary path with the unveiling of the Maritime Amrit Kaal Vision 2047, a transformative roadmap launched by Hon’ble Prime Minister Shri Narendra Modi during the Global Maritime India Summit in October 2023. Rooted in the larger national aspiration of Amrit Kaal, this forward-looking maritime vision lays out a comprehensive strategy to elevate India into a global maritime powerhouse over the next 25 years. With an estimated investment outlays of Rs 75-80 lakh Cr, the vision focuses on strengthening port infrastructure, enhancing shipbuilding capabilities, promoting sustainable and green practices, revitalizing inland and coastal waterways and reinforcing maritime security all while fostering international partnership and positioning India as a leader in the global maritime arena. Port Modernisation & Capacity Expansion At the heart of Maritime Amrit Kaal Vision 2047 lies a strong emphasis on port-led development, a critical pillar of India’s maritime resurgence. Blessed with a vast coastline stretching over 7,500 kilometres, India currently manages 12 major ports and around 187 non-major ports, forming the backbone of the country’s maritime logistics and trade. In just the past decade, there has been a remarkable upswing in port performance. Cargo traffic at major ports has more than doubled, rising from 745 million tonnes
The only supply chain registration you need
Unrivaled context behind every news and article for free.