India Maritime Week 2025 unlocks ₹12 lakh crore via 600+ MoUs, boosting shipbuilding, green ports, and future-ready maritime growth.
In a historic boost to India’s maritime ambitions, India Maritime Week 2025 concluded in Mumbai with a record ₹12 lakh crore in investment commitments and 600+ Memoranda of Understanding (MoUs) signed—marking a remarkable 41% surge from the ₹8.5 lakh crore recorded during GMIS 2023.
Addressing the media, Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal hailed the outcome as a powerful endorsement of India’s transformation into a global blue-economy leader, crediting the momentum to the visionary leadership of Prime Minister Narendra Modi.
On 29 October 2025, Prime Minister Modi launched maritime initiatives worth ₹2.2 lakh crore under the Maritime Amrit Kaal Vision (MAKV) 2047, designed to expand capacity, build green infrastructure, and accelerate digital innovation.
Among the marquee announcements:
- Shipping Corporation of India will expand its fleet to 216 vessels by 2047, backed by ₹1 lakh crore, adding 10 million GT.
- Oil & Gas PSUs placed 59 shipbuilding orders worth ₹47,800 crore, boosting Make in India jobs.
- The Green Tug Programme will deploy 100 eco-friendly tugs by 2040 with an outlay of ₹12,000 crore.
- Dredging Corporation of India will modernise operations by acquiring 11 new dredgers.
The week witnessed strong participation at the Global Maritime CEO Forum, where global industry leaders vowed fresh investments and collaborations in green shipping, smart-port systems, and resilient supply chains.
The 600+ MoUs signed spanned:
- 30%: port development & modernisation
- 20%: sustainability
- 20%: shipping & shipbuilding
- 20%: port-led industrialisation
- 10%: trade & knowledge partnerships
Major commitments included:
- ₹47,000 cr Green Ammonia plant at Tuticorin (VoCPA–Jindal Power)
- ₹45,000 cr Green Hydrogen project (Paradip Port–ACME)
- ₹35,500 cr E-Methanol venture (Paradip Port–HIF Global)
- ₹26,500 cr Vadhvan Port land development (JNPA–Adani Ports & Boskalis)
- ₹23,000 cr logistics park expansion (Mumbai Port Authority)
- Multiple container terminal investments between ₹15,000 and ₹25,000 cr
The event attracted 85+ countries, 500+ exhibitors, 350+ international speakers, and 1 lakh+ delegates, reinforcing India’s rise as a maritime innovation hub. Eleven foreign ministers attended, alongside eight Union ministers and over 20 state representatives.
Key forums focused on:
- decarbonisation
- digital Port Community Systems
- blue finance
- maritime corridors
- inland waterways
- women in maritime leadership
India also launched “Digi Bandar”, a national digital architecture to make ports AI-enabled, connected, and transparent.
Countries including Singapore, Norway, Denmark, the Netherlands, and Japan expressed deeper cooperation through technology partnerships and joint working groups.
Industry giants such as Maersk, DP World, MSC, CMA CGM, Vopak, Wärtsilä, Damen, and Royal IHC showcased advanced green and smart-port technologies.
The week culminated with the Maritime Excellence Achievers 2025 Awards, honouring innovations in sustainability, operations, and digitalisation.
Inaugurated by Amit Shah, the event was held under the theme “Uniting Oceans, One Maritime Vision”, further aligning India’s roadmap toward Viksit Bharat 2047.
With massive investment inflows, global collaboration, and policy tailwinds, India’s maritime ecosystem is steering into a new era: greener, smarter, and strategically positioned to command the global blue economy.
Source: PIB
