India Targets $1 Trillion Maritime Investment, Says Sonowal

The Union Minister, Sarbananda Sonowal, announced that India has established a $1 trillion investment roadmap to overhaul the maritime ecosystem of the country.

The roadmap looks to upgrade the ports, invigorate the shipping and logistics networks, and invite global investors for joint ventures in port and cargo terminal operations. By highlighting the need for sustainability, the plan is focusing more on the development of multimodal terminals, shipbuilding and ship repair facilities, ship recycling, and creation of green hydrogen hubs. 

Sustainable shipping solutions will constitute of one of the main elements in maintaining the maritime growth in India while adhering to the global climate goals. While speaking at the curtain raiser of India Maritime Week 2025, Sonowal commented on the sector’s rich scope, particularly the potential for cross-border cooperation. 

The event was graced by representatives from such nations as Malta, Sri Lanka, South Korea, Japan, and Belarus, manifesting worldwide enthusiasm for maritime India’s goals. The minister said that the guidelines would not only increase India’s capacity in shipbuilding but also develop port-led areas at double the speed. 

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The plan aligns with India’s vision of a sustainably strong blue economy model while keeping India on the list of global leaders in oceanic trade, which follows a green route. The event participants were keen to stress the importance of employing cutting-edge green technology for shipping, including power by hydrogen as well as low-emission vessels, which is a reduction in the carbon footprint of the sector.

The $1 trillion plan is an important move towards remodelling the sector, which is indispensable for India’s economic growth and the country’s becoming a global maritime hub, given that India carries out almost 95% of its trade by volume via the seas.