India’s Maritime Renaissance

Published By : Admin | October 30, 2025 | 14:56 IST

Yesterday, I was in Mumbai to attend the Maritime Leaders Conclave as part of the ongoing India Maritime Week 2025. Mumbai, as we all know, has a strong link with India’s maritime sector. There are historical linkages with Chhatrapati Shivaji Maharaj, and today, it has a vibrant port infrastructure and is a key trading centre for our nation. I met key CEOs and interacted with leading stakeholders of the sector. In these interactions, it was gladdening to see the optimism towards India in furthering port-led development.

We became disconnected from our roots:

India’s proud maritime heritage is well known. We were always known for shipbuilding and coastal trade. We are the land of the Cholas and the Marathas, whose naval might, trading impact and strategic brilliance became pathways of progress and power. Their vision showed us how the oceans can serve as bridges of opportunity.

However, a decade ago, when we assumed office, India’s maritime sector was filled with outdated laws and limited capacities. This was not acceptable to us. And, with a focus on infrastructure, reforms and public participation, the sector has witnessed many transformations over the last eleven years. Today, the sector stands transformed as a symbol of modern infrastructure, global trust and national pride.

Maritime Growth That Redefined Scale:

These facts speak for themselves…

India’s port capacity has doubled from 1,400 to 2,762 MMTPA.

Cargo handling rose from 972 to 1,594 MMT, including 855 MMT in FY 2024–25.

Vessel turnaround time has been reduced from 93 hours to 48 hours.

Net surplus increased ninefold from Rs. 1,026 crore to Rs. 9,352 crore. The operating ratio improved from 73% to 43%, marking a new era of efficiency.

This is not all. At the core of every ship and port are our skilled seafarers.

India’s seafarer workforce has grown from 1.25 lakh to over 3 lakh, now accounting for 12% of the global seafaring workforce. India is today among the top three suppliers of trained seafarers in the world.

Shipping and Waterways - The New Engines of Growth:

India’s shipping power is expanding across coasts and rivers.

Indian-flagged vessels increased from 1,205 to 1,549, and fleet gross tonnage grew from 10 MGT to 13.52 MGT. Coastal shipping cargo nearly doubled from 87 to 165 MMT.

Inland waterway cargo grew by 710%, from 18 MMT in 2014 to 146 MMT in 2025. Operational waterways expanded from 3 to 32, while ferry and Ro-Pax services carried 7.5 crore passengers in 2024–25.

Modern Ports, Green Future:

Our vision for the Maritime sector places topmost importance on sustainability and innovation.

Vizhinjam Port has become India’s first deep-water transhipment hub. Kandla Port hosts the nation’s first green hydrogen facility. JNPT has doubled its capacity and attracted the largest FDI in port history.

The Vadhvan Port project in Palghar, Maharashtra, with an investment of around ₹76,000 crore, will be among the world’s few deep-draft ports at 20 meters. Its seamless railway and highway connectivity, proximity to the Delhi–Mumbai Expressway and the Western Freight Corridor will transform the region’s economic landscape, creating new opportunities for logistics, warehousing and trade.

Reform, Perform, Transform:

Reform has powered India’s progress at sea.

Five landmark bills, from the Bills of Lading Bill to the Indian Ports Bill (2025), have modernised maritime governance, simplified trade, empowered states and aligned India with global standards.

To accelerate this growth, the government has approved a Rs. 70,000 crore umbrella package for the maritime sector.

The Shipbuilding Assistance Scheme, Maritime Development Fund and Shipbuilding Development Scheme will attract over Rs. 4.5 lakh crore in investment and help produce more than 2,500 vessels. This initiative will position India among the global leaders in shipbuilding and maritime innovation.

Come, invest in India:

I can say with confidence that India offers the perfect harbour for investments.

We have a very long coastline.

We have strategic global trade routes,

We have world-class ports,

And, we have an ambitious vision for Blue Economy growth.

We have infrastructure, innovation and intent.

Thanks to our youth, our ecosystem is primed for innovation.

Come aboard!

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Italy and India: A Strategic Partnership for the Indo-Mediterranean
May 20, 2026

The relationship between India and Italy has now reached a decisive stage. In recent years, our ties have expanded with unprecedented momentum, evolving from a cordial friendship into a special strategic partnership grounded in the values of freedom and democracy, and a common vision for the future.

At a time when the international system is undergoing a profound change, the partnership between Italy and India is guided by regular exchanges at higher political and institutional levels, and is gaining a new and higher dimension that combines our economic dynamism, societal creativity, and millennia-old civilisational wisdom. Our cooperation mirrors our shared awareness that prosperity and security in the 21st century will be shaped by the ability of nations to innovate, manage energy transitions, and strengthen strategic sovereignty. To this end, we have committed to deepen and diversify our bilateral relationship with a view to pursuing new objectives and pooling our complementary strengths. We aim to forge a powerful synergy between Italian design, manufacturing excellence, and world-class supercomputers - reflecting Italy's position as an industrial powerhouse - and India's rapid economic growth, engineering talent, scale, and innovation and entrepreneurial ecosystem with over 100 unicorns and 200,000 start-ups. This is not a simple integration, but a co-creation of value where our respective industrial strengths amplify one another.

The Free Trade Agreement between the European Union and India paves the way for increased trade and investment in both directions. We want to reach and exceed the Euro 20 billion target for trade between Italy and India by 2029, with a focus on defence and aerospace, clean technologies, machinery, automotive components, chemicals, pharmaceuticals, textiles, agri-food, tourism and more.

"Made in Italy" has always been synonymous with excellence worldwide, and today it finds a natural synergy with the high-quality goals of the "Make in India" initiative. In this context, the growing interest of Italian businesses in the production for India and the increasing presence of Indian industries in Italy, numbering over 1,000 from both sides now, is a positive sign that will strengthen the integration of our supply chains.

Technological innovation lies at the very heart of our partnership. The coming decades will be shaped by a technological revolution of unmeasurable scope, marked by advances in sectors such as Artificial Intelligence, quantum computing, advanced manufacturing, critical minerals, and digital infrastructure. India's dynamic innovation ecosystem, coupled with highly skilled professional talent pool, and Italy's advanced industrial capabilities make our cooperation in the above sectors both natural and strategic. The growing partnership between our universities and research centres will support this.

India's Digital Public Infrastructure is already finding resonance with a large number of countries particularly in the Global South. Artificial Intelligence, in particular, is already impacting our societies and the global economy. Italy and India have long been collaborating to ensure that Al development is responsible and human-centred. From this perspective, India and Italy also see Al as a powerful instrument for inclusive development, especially for the Global South, where digital public infrastructure and accessible, multilingual technologies can bridge divides rather than deepen them. Building on India's vision of MANAV-putting human at the centre of technology and Italy's leadership in promoting a human-centric 'algor-ethics' rooted in its humanist tradition, our partnership seeks to ensure that Al acts as a catalyst for social empowerment. Our approach combines India's digital scale with Italy's ethical and industrial expertise, ensuring technology serves human dignity. By sharing best practices in secure digital cooperation, capacity-building and resilient cyber infrastructure, we aim to create an open, trustworthy and equitable digital space in which every nation can shape and benefit from Al. This perspective forms the core of Italy's G7 Presidency and outcomes of the Al Impact Summit 2026, held in New Delhi. Conceiving Al as a tool created by humans for humans means firmly asserting that technology cannot replace individuals or undermine their fundamental rights, nor be used to manipulate public debate or alter democratic processes. Our approach to defending freedom and human dignity in an increasingly interconnected world hinges on this very challenge.

Our cooperation also covers the space sector. India's impressive advancements in space exploration and satellite technology, together with Italy's aerospace engineering excellence, offer significant opportunities for joint initiatives and next-generation technology development.

Security and stability remain essential to ensuring nations' prosperity. Italy and India intend to further strengthen their cooperation in sectors such as defence, security and strategic technologies. Our collaboration will help ensure the security of critical maritime routes, strengthen resilience in the face of threats, such as terrorism, international criminal networks, drug trafficking, cyber-crimes and human trafficking.

Energy is another key pillar of our partnership. The global transition towards diversified energy sources requires innovation, investment, and cooperation. India and Italy are collaborating from renewable energy to hydrogen technologies, and from smart grids to resilient infrastructure. While India's push for becoming a hub for green hydrogen exports offers immense potential, it perfectly complements Italy's advanced technology in renewable infrastructure and its strategic role as an energy gateway for Europe. Our collaboration along with other countries in key India-led initiatives - International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI) and Global Biofuels Alliance (GBA) - is also important in this context.

Physical, digital and human connectivity is the thread that weaves us together. Both India and Italy are located at the very heart of two crucial hubs of the global economy, the Indo-Pacific and the Mediterranean-regions that cannot be viewed as separate spheres, but instead as increasingly interconnected spaces.

As a matter of fact, we are witnessing the emergence of what might be termed the Indo-Mediterranean, an important corridor for trade, technology, energy, data and ideas tying the Indian Ocean to Europe. It is precisely within this interconnected space that our bond naturally evolves into a special strategic partnership-one that bridges two continents and shapes new global dynamics.

In this context, the India-Middle East-Europe Economic Corridor represents a vision aimed at connecting our regions through modern transport and infrastructure, digital networks, energy systems, and resilient supply chains. India and Italy are also committed to working together with other partners to make this vision a reality.

We can address our shared challenges by drawing upon the profound partnership and the enduring cultural ties between our nations. Within Indian culture, the concept of "Dharma" evokes the sense of responsibility that must guide our actions, whilst the principle of "Vasudhaiva Kutumbakam" - the world is one family-resonates powerfully in this interconnected digital age. Such values find a natural echo in Italy's humanist tradition, rooted in the Renaissance, which highlights the dignity of each individual and the power of culture to unite peoples and societies.

Our shared vision, therefore, aims to lay the foundation for a strong and forward-looking India-Italy partnership with our people at the centre.

(By Narendra Modi, Prime Minister of India and Giorgia Meloni, Prime Minister of Italy)