- India has announced a $1 trillion maritime investment roadmap to transform ports, shipping, and logistics, with a focus on joint ventures in port and cargo terminal development.
- The roadmap emphasizes sustainable growth, including green hydrogen hubs, shipbuilding, and modern maritime services, strengthening India’s role in global trade.
India has unveiled an ambitious $1 trillion maritime investment roadmap, aimed at transforming the nation’s ports, shipping, and logistics ecosystem, Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal announced on Wednesday.
Sonowal emphasized that work is already in progress to reshape the sector, highlighting strong opportunities for joint ventures in port development and cargo terminal operations.
“These opportunities open up to $1 trillion dollars maritime investment roadmap, with strong potential for joint ventures in developing ports and cargo terminal operations,” he said.
Strategic Priorities of the Roadmap
The roadmap outlines strategic priorities, including the development of multimodal terminals, maritime services, shipbuilding, ship recycling, and ship repairs. Furthermore, initiatives such as green hydrogen hubs and sustainable shipping solutions will play a pivotal role in strengthening India’s maritime future.
This roadmap underscores India’s commitment to building a resilient, modern, and sustainable maritime sector that can meet the growing demands of global trade.
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Source: ET Infra
