During the India Maritime Week in Mumbai, Prime Minister Narendra Modi urged investors to seize opportunities in India’s maritime sector. Chief Economic Advisor V Anantha Nageswaran projected GDP growth for FY 2025-26 at around 7%, exceeding earlier estimates. Key MoUs were signed to bolster maritime workforce capabilities and enhance port operations.
During India Maritime Week 2025, Union Minister Sarbananda Sonowal highlighted Prime Minister Narendra Modi’s transformative impact on India’s maritime sector. With participation from over 85 countries and more than 100,000 delegates, this unprecedented event emphasizes India’s ambition to lead in global seafaring and cruise tourism, showcasing its evolving maritime ecosystem.
Prime Minister Narendra Modi emphasized the rapid evolution of India’s maritime sector during the Maritime Leaders Conclave at India Maritime Week 2025 in Mumbai. He praised the efficiency of Indian ports, highlighted the modernization of shipping laws, and noted significant advancements in capacity, turnaround times, and cruise tourism, driving economic growth.
Drydocks World and Cochin Shipyard Limited have signed a Heads of Terms Agreement to establish India’s first ship repair cluster at the International Ship Repair Facility in Cochin, Kerala. This collaboration aims to enhance India’s maritime infrastructure, positioning Cochin as a premier destination for ship repairs and global maritime services.
Odisha showcased its rich maritime heritage at the India Maritime Week 2025 in Mumbai, featuring a stunning sand art installation by Padmashri Sudarsan Pattnaik. Commissioned by the Odisha government, the piece celebrated ancient trade connections and the significance of Kartik Purnima, highlighting the state’s cultural and historical legacy.
The New Mangalore Port Authority (NMPA) has signed 18 MoUs worth ₹52,599 crore, marking a significant investment on India’s west coast. Key industry players like MRPL and Reliance are involved, reflecting confidence in the port’s potential. This initiative aims to enhance regional economic growth and operational efficiency in maritime activities.
Abu Dhabi is set to invest $2 billion in Maharashtra’s ports and shipbuilding sector, marking a historic partnership. The Memorandum of Understanding, announced by Minister Nitesh Rane, focuses on shipbuilding, maritime transport, and port infrastructure. This collaboration aims to enhance Maharashtra’s maritime capabilities and attract further investments, supporting sustainable economic growth.
Plans for a mega deep-sea port at Vadhavan, north of Mumbai, are advancing as the Jawahar Lal Nehru Port Authority (JNPA) signs multiple MOUs for container terminals and offshore projects. Adani Ports aims to establish a terminal, with an MOU valued at ₹26,500 crore, enhancing national container handling capacity significantly.
Shares of Gujarat Pipavav Port Ltd (GPPL) rose over 5% on Wednesday after signing a ₹17,000 crore MoU with the Gujarat Maritime Board for future investments. This initiative aims to enhance infrastructure and capacity across various segments, contingent on securing a long-term concession extension set to expire in September 2028.
During India Maritime Week 2025, the session “Unlocking Andhra Pradesh’s Maritime Advantage” focused on enhancing the state’s maritime infrastructure. Key discussions included optimizing port operations and fostering global partnerships. M.T. Krishna Babu underscored Andhra Pradesh’s ambition to become India’s Maritime Gateway through innovative logistics solutions and strategic investments.
Prime Minister Narendra Modi will visit Mumbai on October 29, 2025, to address the Maritime Leaders Conclave as part of India Maritime Week. Scheduled for 4:00 PM at the NESCO Exhibition Centre, the Global Maritime CEO Forum will focus on sustainable growth, resilient supply chains, and strategies for a green economy.
India is rapidly transforming its maritime landscape, aiming to become a global leader in green hydrogen production and clean energy trade. During the India Maritime Week 2025, Union Minister Sarbananda Sonowal announced significant investments and ambitious targets for renewable energy usage in major ports, positioning the nation for a sustainable maritime future.
Berhampur University and the Indian Maritime University have formalized a partnership to enhance maritime research in Odisha through a signed MoU. This collaboration will facilitate academic exchanges, including student programs and joint certificate courses in areas like maritime informatics and artificial intelligence, fostering innovation in the maritime sector.
On Monday, Minister Mohan Charan Majhi visited the Odisha Pavilion at the India Maritime Week 2025 in Mumbai, emphasizing the state’s rich maritime heritage. He highlighted Odisha’s vision for enhancing maritime trade, drawing inspiration from ancient Odia mariners who excelled in navigation, while showcasing the state’s strategic location and progressive port policies.
On October 28, 2025, the Dredging Corporation of India Limited (DCIL) celebrated a milestone with the inauguration of its pavilion at India Maritime Week 2025. Chairman Dr. M. Angamuthu praised the engaging exhibits, highlighting the team’s dedication and meticulous planning, which showcased DCIL’s contributions to India’s maritime infrastructure.
