India is set to significantly increase its maritime capacity, with Union Minister Sarbananda Sonowal announcing plans to expand port capacity by more than six times to 10,000 million tonnes per annum by 2047. This initiative marks India’s largest-ever maritime infrastructure drive as it aims to establish itself as a global shipping hub. Sonowal made these remarks at the FICCI Maritime Conference and Expo, emphasizing the country’s commitment to enhancing its maritime capabilities.
The expansion of India’s port capacity is part of a strategic effort to bolster the nation’s position in the global shipping industry. By increasing its capacity six-fold, India aims to strengthen its maritime infrastructure and facilitate smoother trade and transportation operations. This ambitious goal reflects India’s aspirations to become a key player in the international maritime sector and boost its economic growth through enhanced maritime activities.
The announcement by Sonowal underscores the government’s focus on developing the maritime sector as a vital component of India’s economic growth strategy. By investing in maritime infrastructure and expanding port capacity, India aims to attract more shipping traffic and establish itself as a prominent maritime hub. This initiative is expected to create new opportunities for trade, commerce, and job creation, contributing to the country’s overall economic development and global competitiveness.
