Maritime investment road map of $1-trillion ready, says Sarbananda Sonowal

New Delhi: India has readied a $1 trillion road map for maritime investments, Union ports, shipping and waterways minister Sarbananda Sonowal said on Wednesday.

He said work is underway to transform the country's ports, shipping and logistics ecosystem. "These opportunities open up to $1 trillion dollars maritime investment roadmap, with strong potential for joint ventures in developing ports and cargo terminal operations," he said, adding that multimodal terminals, maritime services, shipbuilding, ship recycling and ship repairs, green hydrogen hubs and sustainable shipping solutions will also be in focus.

Sonowal was speaking at a curtain raiser of India Maritime Week 2025, attended by embassy representatives from Malta, Sri Lanka, South Korea, Japan and Belarus, among others. The deliberations focused on India's core maritime priorities, including strengthening shipbuilding capacity and port-led development, said a statement issued by the ports, shipping and waterways ministry. Delegates also highlighted the scope of India's blue economy, along with the need to accelerate the transition to green shipping through hydrogen-powered and low-emission vessels.