GS2 INTERNATIONAL RELATIONS
Prime Minister Narendra Modi has called for reducing India’s reliance on foreign nations in the maritime sector, declaring that self-reliance (Aatmanirbharta) is essential for national security and economic growth. Speaking at a maritime initiative launch, he outlined reforms to make India a global maritime power by 2047.
Reducing Dependence on Foreign Shipping
- India currently spends over $75 billion every year to foreign shipping companies for transporting its cargo.
- The government aims to drastically cut this outflow by developing a strong domestic merchant navy and port infrastructure.
- By 2047, India plans to triple its participation in global maritime trade.
Key Maritime Reforms Announced
| Reform Initiative | Objective |
| ‘One Nation, One Document’ | Simplify maritime trade paperwork |
| ‘One Nation, One Port’ | Standardize operations across all major ports |
| Infrastructure status to large ships | Enable easier credit and investment |
| Investment in shipbuilding | ₹70,000 crore support for shipyards |
| Ease of doing business in ports | Digital reforms for faster cargo handling |
Boost to Shipbuilding Sector
- The government is rolling out ₹70,000 crore worth of maritime schemes.
- Indian shipyards will be modernized to build large ships domestically.
- Private participation and foreign investment will be encouraged to scale up ship manufacturing for commercial and defence purposes.
Heritage Meets Strategy
- PM Modi also highlighted India’s rich maritime legacy.
- The National Maritime Heritage Complex at Lothal (Gujarat) is being built to showcase India’s ancient maritime trade routes and shipbuilding excellence.
- The project reflects the continuity from maritime history to maritime future.
Strategic Importance
- A strong shipping industry will enhance India’s export competitiveness.
- It will also reduce foreign dependency and strengthen national resilience.
The maritime push supports the broader goal of Viksit Bharat 2047 under Aatmanirbhar Bharat Abhiyan