India Prioritizes Blue Economy for Next 25 Years
Prime Minister Narendra Modi announced India will prioritize the blue economy for the next 25 years, emphasizing rapid advancements in the maritime sector. Indian ports are now among the most efficient in the developing world, supported by modern laws and digital integration. Over 150 initiatives under the Maritime India Vision have doubled port capacity and reduced turnaround times.
Prime Minister Narendra Modi has announced that India will focus on developing its blue economy as a key national priority for the coming quarter-century. This strategic direction builds on the country’s recent maritime advancements, where Indian ports have achieved significant improvements in efficiency and management, now ranking among the best in the developing world. The government has replaced outdated colonial-era laws with modern legislation, facilitating greater digital integration and streamlined port operations. As part of the Maritime India Vision, more than 150 initiatives have been launched, resulting in a doubling of port capacity and a notable reduction in turnaround times, which is expected to further bolster trade and economic growth. The blue economy framework encompasses sustainable use of ocean resources, including fisheries, shipping, renewable energy, and coastal tourism, aiming to balance economic growth with environmental sustainability and job creation. This long-term vision reflects India’s intent to leverage its extensive coastline and maritime potential for national development, regional leadership, and global competitiveness.