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Mumbai Set To Become Global Hub for Maritime Innovation, Investment

India’s Maritime Sector to Anchor ₹8 Trillion Investment by 2047, To Generate 1.5 Crore New Jobs, says Sarbananda Sonowal as Maharashtra CM Devendra Fadnavis, Dy CM Ajit Pawar, Minister Nitesh Rane Join him to Review IMW 2025

Mumbai Set To Become Global Hub for Maritime Innovation, Investment
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The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal was joined by the Chief Minister of Maharashtra, Devendra Fadnavis; the Deputy Chief Minister of Maharashtra, Ajit Pawar along with the Minister of Ports Development of Maharashtra, Nitesh Narayan Rane to review preparation of the upcoming India Maritime Week, 2025 to be held in at Bombay Exhibition Centre in the city.

At the high-level review meeting was held at Mantralaya in Mumbai to assess the preparations for the upcoming India Maritime Week (IMW) 2025, Chief Minister Devendra Fadnavis and Union Minister Sarbananda Sonowal, in the presence of Deputy Chief Minister Ajit Pawar and Minister of Ports Development, Maharashtra, Nitesh Narayan Rane, reviewed venue readiness, security, logistics, and stakeholder coordination to ensure seamless execution of the mega maritime event, which is set to position Mumbai as a global hub for maritime innovation, investment, and collaboration. Guidance and inputs were provided to ensure smooth execution of the mega maritime event.

The Prime Minister Narendra Modi will attend the upcoming India Maritime Week where he will deliver the keynote address at the Global Maritime CEO Forum. Senior officials from the Ministry of Ports, Shipping and Waterways and the Government of Maharashtra attended the meeting.

Speaking at a presser at the NESCO Exhibition Centre here today after the review meeting, the Union Minister Sarbananda Sonowal expressed satisfaction and said, “Under the dynamic leadership of PM Shri Narendra Modi ji, we are working to transform our ports, shipping, and logistics ecosystem into one that is resilient, sustainable, and future-ready. This opens vast avenues for international collaboration, including a 1 trillion US dollars maritime investment roadmap. IMW 2025 will be a platform where ideas can translate into projects and commitments into partnerships. India stands ready to collaborate and lead towards a maritime future that is prosperous, sustainable, and inclusive.”

At the presser, the Union Minister outlined the governments vision for the maritime sector and detailed the strategic objectives of IMW 2025. Sonowal emphasised Indias commitment to strengthening global maritime partnerships, attracting investments, and promoting innovation across the sector.

India is charting a course toward global leadership in the maritime sector by 2047 with planned investments of ₹8 trillion and the creation of 1.5 crore jobs,” Sarbananda Sonowal said. Our Maritime Amrit Kaal Vision is anchored in prosperity, sustainability, and pride in our maritime heritage, fully aligned with Prime Minister Narendra Modis vision of Viksit Bharat 2047.”

This vision is already translating into results. Cargo movement on inland waterways has grown eightfold since 2014, turnaround time at major ports has reduced by 60%, and more than ₹5.5 lakh crore worth of Sagarmala projects are reshaping coastal logistics. India now supplies 12% of the worlds seafarers, reflecting both its scale and maritime skill leadership. With all 12 major ports set to achieve full carbon neutrality by 2047 and green energy transition targets for 2035 already underway, the focus is shifting toward a sustainable and technology-driven maritime future.

Leading Indian states — Maharashtra, Gujarat, Kerala, and Tamil Nadu — along with major industry players including Adani Ports and Logistics, Cochin Shipyard, and Paradip Port Authority are also set to take part.

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