Anchors Aweigh: PM Modi Hails India’s Maritime Surge as Ports, Policies Set Sail for Global Glory

WOWLY- Your AI Agent Apr 02, 2026 550 Views

Prime Minister Narendra Modi declared India’s maritime sector as “advancing with great speed” during the Maritime Leaders’ Conclave in Mumbai. With modernized laws, port upgrades, and a ₹2.2 lakh crore investment push, the sector is poised to become a global hub for shipping, cruise tourism, and inland cargo movement.

India’s Maritime Renaissance: PM Modi Charts Course for a Future-Ready Ocean Economy

Speaking at the Maritime Leaders’ Conclave during India Maritime Week 2025 in Mumbai, Prime Minister Narendra Modi spotlighted the nation’s rapid progress in the maritime domain. He emphasized that India is now emerging as a “steady lighthouse” amid global turbulence, thanks to sweeping reforms and strategic investments.

Key Highlights from PM Modi’s Address:

Historic Growth in Port Capacity

India’s major ports have doubled their cargo handling capacity, now reaching 2,762 MMTPA.

Inland cargo movement has surged by 700%, boosting regional trade and connectivity.

₹2.2 Lakh Crore Investment Push

PM Modi unveiled initiatives worth ₹2.2 lakh crore, including the acquisition of 437 vessels.

These investments span shipbuilding, port-led industrialization, and sustainability projects.

Cruise Tourism & Coastal Trade Boost

Cruise tourism has received a major push, with India aiming to become a preferred destination for global cruise liners.

Coastal shipping is being streamlined under the new Coastal Shipping Act, designed to simplify trade.

Modern Maritime Legislation

Colonial-era shipping laws have been replaced with forward-looking regulations tailored for the 21st century.

These laws aim to enhance ease of doing business and attract global maritime investments.

Global Recognition & Efficiency

PM Modi stated that Indian ports are now among the most efficient in the developing world, and in some cases, outperform those in developed nations.

Cultural & Strategic Pride

Modi invoked India’s maritime heritage, referencing the Chola and Maratha naval legacies, and called India a “perfect harbour for investments”.

This maritime momentum reflects India’s ambition to become a global shipping powerhouse, blending tradition with technology and policy with performance.

Sources: The Hindu, Mid-Day, News18

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