What happened?
On 9 July 2025, India held a Maritime Investment Meet at India House in London, led by MoPSW and attended by global maritime stakeholders. Secretary T.K. Ramachandran unveiled Maritime Vision 2047, promoting India’s port modernisation, shipbuilding, green hydrogen hubs, and cruise tourism. Key incentives included tax holidays, 100% FDI, and digital integration tools like ONOP and MAITRI. Global investors engaged in dialogue on infrastructure, financing, and shipbuilding partnerships.
Why it matters to India
The event reinforces India’s ambition to be a global maritime hub, crucial for trade and energy security. By showcasing green and digital maritime reforms, India invites foreign investment to modernise its coastal infrastructure. Strategic corridors like IMEEC and the Eastern Maritime Corridor advance supply chain resilience. These developments not only elevate India’s global trade role but also align with climate commitments and the ‘Blue Economy’ vision.