The India-Norway 'Green Maritime Partners' initiative unites India’s Sagarmala-driven maritime ambitions with Norway’s zero-emission expertise. Centered on R&D, green finance, and skill-building, it advances electric, hydrogen, and green ammonia shipping, exemplifying North-South cooperation for a sustainable, decarbonized Blue Economy and global maritime future.
Click to View MoreIndia’s maritime sector is central to its trade, economy, and global influence, handling nearly 95% of trade by volume. The Maritime India Vision 2030 and Amrit Kaal 2047 aim to modernize ports, expand shipping and inland waterways, promote green and smart technologies, and boost skill development. Initiatives like the Sagarmala Programme, shipbuilding schemes, and inland waterway projects are driving economic growth, employment, and regional connectivity. With sustainability, innovation, and global partnerships at its core, India is charting a course to become a leading maritime power by 2047.
Click to View MoreThe Union Cabinet approved ₹69,725 crore package to empower maritime sector. Anchored on a four-pillar approach—financing, capacity, technology, and reforms—this initiative aims to make India a global shipbuilding hub. Key components include extending Shipbuilding Financial Assistance Scheme (SBFAS), establishing a ₹25,000 crore Maritime Development Fund (MDF), and creating a dedicated Shipbuilding Development Scheme (SbDS).
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