PM Modi: India Poised to Be a Steady Lighthouse at Maritime Week 2025
During the ongoing event of India Maritime Week 2025, which concludes today, PM Modi has stated that the participation of 85 countries leaves a positive note.
He also said that their presence indicates a shared commitment and the world's faith in India's Maritime sector.
On Wednesday, he clarified that India will be a steady lighthouse for bringing opportunities to global players to use their massive potential and invest in the country's maritime sector.
While addressing the India Maritime Week 2025, attended by delegates from over 85 countries, PM Modi highlighted the reforms of the past decade that have boosted the maritime sector.
India Emerges as a Symbol of Stability and Reliability, Says PM Modi
During his speech, Prime Minister Narendra Modi stated that with vibrant democracy and reliability, India is capable of guiding the world as a steady lighthouse in tough times.
The Indian Prime Minister also mentioned the massive investment of Rs 70,000 in the maritime sector.
It will boost the domestic capacity, development of new and existing shipyards, and employment for the people.
Pointing out the crucial state of India's maritime sector in the 21st century, PM Modi said the next 25 years will shape its future.
He added that the trade has now become easier with the creation of the Coastal Shipping Act.
India’s Key Developments in the Maritime Sector
Highlighting the key developments in the maritime sector in the past decades, PM Modi called it 'truly historic'.
He noted that during these years, the port capacity has doubled, cruise tourism has increased, cargo movement has surged up to 700 per cent, and operational waterways have risen to 32 from three.
India's position among the top three seafaring nations is a milestone. There has been a rise in the number of seafarers from 1.25 lakh to more than three lakhs in the past decade.
Today, it is impossible to expect the absence of Indian ships across the world.
Shipbuilding Set to Be a Key Priority
Referring to more developments in the maritime sector, India will emphasise sustainable coastal development, port connectivity, and green logistics.
Besides these, the shipbuilding will be a high priority. PM Modi also said that India was a major player in shipbuilding in the past.
Recalling the vision of Maratha legend Chhatrapati Shivaji Maharaj on the utility of the sea for a potential trade route and security, he mentioned India’s significant role in global shipping trade.
Now India will ace in becoming a global maritime power.
