The Indian government plans to introduce a new regulatory framework by early March to establish the Directorate General of Maritime Administration (DGMA). This initiative aims to unify and streamline oversight of the maritime sector, which encompasses shipbuilding, port operations, and fleet management. The move aligns with India’s ambition to enhance its global shipping presence and improve maritime laws.
The establishment of the DGMA is part of a broader strategy under the Maritime India Vision 2030, which seeks to strengthen the nation’s maritime capabilities. The new regulator will play a crucial role in implementing the Merchant Shipping Act 2025 and ensuring maritime security through enhanced regulatory measures.
By creating a centralized authority, the government seeks to foster a more robust shipping industry, subsequently boosting economic growth. The upcoming framework is expected to attract investment and innovation within the sector, positioning India as a key player in global maritime engagement.
This development represents a significant shift in how India approaches maritime governance, signaling its desire to adapt to changing market dynamics and enhance its competitive edge on the international stage.
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