Business: Prime Minister Narendra Modi said, India has become the perfect harbor for investment due to its long coastline, world class ports and clear policies. He said, we have a very long coastline. We have world class ports. There is infrastructure, innovation and intention. India will become a global leader on the basis of Vision 2047.

In a post shared on LinkedIn after participating in the India Maritime Week-2025, the Prime Minister expressed his views on India’s maritime renaissance and invited global investors to invest in this fast-growing sector of the country. The PM said, with a coastline of more than 7,500 km and an expanded network of globally competitive ports, India is poised to become a major maritime hub. It will offer not just connectivity but value added services, green shipping initiatives and industry friendly policy framework. PM Modi said, the major steps taken in the last decade have completely transformed this region. PM Modi called upon domestic and international investors to ‘come invest in India’, saying there were immense opportunities for them in sectors like ship-building, port operations, logistics and coastal shipping.

This is how the country’s maritime sector progressed

• Record Capacity: Capacity of major ports has doubled to 2762 million tonnes per annum.
• Efficiency improved: Turnaround time of ships has been reduced from 93 hours to 48 hours. Today, India’s ports are considered the most efficient among developing countries, in many cases outperforming even developed countries.
• Legal Revolution: Following the mantra of Reform, Perform, Transform, over a century old colonial shipping laws have been replaced with modern and forward-looking laws in line with the 21st century.
• Growing strength of seafarers: The Indian seafaring workforce has increased from 1.25 lakh to over 3 lakh. Today, India is the third largest supplier of trained seafarers in the world.

Country preparing for global leadership from green perspective
Prime Minister Narendra Modi described India’s maritime vision as moving from sea to ocean, based on the three pillars of security, stability and self-reliance. Its four main pillars are as follows.

• Historic package and targets: The government has approved a package of Rs 69,725 crore to strengthen shipbuilding and maritime infrastructure. Under the Maritime India Vision 2030, India aims to be among the top-5 countries in the global shipbuilding industry.
• New Ports: India’s first deep water international transshipment hub Vizhinjam Port commissioned. It welcomed the world’s largest container vessel.
• Green and Modern Future: India is rapidly moving towards a green maritime future. The launch of the Mega-Watt Scale Indigenous Green Hydrogen Facility at Visakhapatnam Port is proof of this.
• Global connectivity: Projects like the India-Middle East-Europe Economic Corridor are making India a steady beacon of global trade.