India looks to revolutionise maritime sector by 2047 with Rs 80 Lakh crore investment: Sonowal

India is set to transform its maritime sector by 2047 with a massive Rs 80 lakh crore investment aimed at boosting port capacity, shipping, shipbuilding, and inland waterways, Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, announced on Monday. Speaking at the 'Sagarmanthan - The Great Oceans Dialogue,' Sonowal highlighted several key projects, including the Vizhinjam International Seaport in Kerala, new mega ports at Vadhavan in Maharashtra, and the Galathea Bay port in Nicobar. Sonowal outlined the ambitious goal of increasing India’s port handling capacity to 10,000 million metric tons per year by 2047. This will be supported by strategic trade initiatives like the India-Middle East-Europe Economic Corridor (IMEEC) and the International North-South Transport Corridor. In addition to expanding port infrastructure, the government is focused on reviving India’s shipbuilding heritage. Plans include constructing the National Maritime Heritage Complex at Lothal and advancing the development of ships powered by