{"id":38176,"date":"2025-02-28T18:39:47","date_gmt":"2025-02-28T13:09:47","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=38176"},"modified":"2025-04-02T12:20:27","modified_gmt":"2025-04-02T06:50:27","slug":"maritime-sector-initiatives","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/28-02-2025\/maritime-sector-initiatives","title":{"rendered":"Initiatives Launched To Strengthen Maritime Sector"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/Economy<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Ministry of Shipping, Ports and Waterways launched major initiatives to <strong>modernize India\u2019s maritime infrastructure, strengthen global trade presence, and promote sustainability.<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Initiatives Launched<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>One Nation-One Port Process (ONOP):<\/strong> Aimed at standardizing and streamlining operations across India\u2019s major ports, reducing inefficiencies, operational delays, and costs.<\/li>\n\n\n\n<li><strong>Sagar Ankalan &#8211; Logistics Port Performance Index (LPPI): <\/strong>A tool to enhance efficiency and global competitiveness of India\u2019s ports, measuring key performance indicators like cargo handling and turnaround time.<\/li>\n\n\n\n<li><strong>Bharat Global Ports Consortium:<\/strong> Strengthening global trade by expanding India\u2019s maritime reach and enhancing trade resilience.<\/li>\n\n\n\n<li><strong>MAITRI (Master Application for International Trade and Regulatory Interface) App: <\/strong>To streamline trade processes, reduce bureaucratic redundancies and expedite clearances, reinforcing India\u2019s commitment to ease of doing business.<\/li>\n\n\n\n<li><strong>India Maritime Week (October 27-31, 2025): <\/strong>A bi-annual global maritime event to celebrate India\u2019s maritime heritage and development, expecting 100 countries and 100,000 delegates.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>India\u2019s Maritime Sector<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strategic Position:<\/strong> Located along the world&#8217;s busiest shipping routes, India is a key trading hub and a rising global power.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/27-12-2024\/indias-maritime-sector\">India\u2019s Maritime Sector<\/a> Overview<\/strong>: Handles 95% of India\u2019s trade by volume and 70% by value, with port infrastructure critical to the economy.<\/li>\n\n\n\n<li><strong>Growth in Cargo-handling:<\/strong> Between 2014-15 and 2023-24, major ports increased their annual cargo-handling capacity by 87.01%.<\/li>\n\n\n\n<li><strong>Surge in Merchandise Exports:<\/strong> India\u2019s merchandise exports rose to USD 451 billion in FY23, up from USD 417 billion in FY22.<\/li>\n\n\n\n<li><strong>Maritime Sector&#8217;s Importance: <\/strong>India is the <strong>16th-largest maritime nation<\/strong>, occupies a key position in global shipping, with major trade routes passing through its waters.<\/li>\n\n\n\n<li><strong>Future Goals: <\/strong>India has outlined investments of <strong>US$ 82 billion in port infrastructure projects by 2035 <\/strong>to bolster the maritime sector.\n<ul class=\"wp-block-list\">\n<li>India plans to establish a new shipping company to e<strong>xpand its fleet by at least 1,000 ships within a decade.&nbsp;<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"dce0e0\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"509\" height=\"475\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/02\/functional-major-and-non-major-ports-in-india.png\" alt=\"functional major and non major ports in india\" class=\"not-transparent wp-image-38178\" style=\"--dominant-color: #dce0e0; width:359px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/02\/functional-major-and-non-major-ports-in-india.png 509w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/02\/functional-major-and-non-major-ports-in-india-300x280.png 300w\" sizes=\"auto, (max-width: 509px) 100vw, 509px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>Challenges&nbsp;<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Infrastructure Gaps:<\/strong> Inadequate port infrastructure and outdated facilities at some ports, limiting capacity and efficiency.<\/li>\n\n\n\n<li><strong>Congestion:<\/strong> High traffic volumes at major ports leading to delays, increased turnaround times, and reduced productivity.<\/li>\n\n\n\n<li><strong>Environmental Concerns:<\/strong> Pollution and sustainability issues, including emissions from ships and port operations.<\/li>\n\n\n\n<li><strong>Logistics Bottlenecks:<\/strong> Inefficient transport connectivity between ports, roads, and railways, impacting smooth cargo movement.<\/li>\n\n\n\n<li><strong>Global Competition:<\/strong> Rising competition from other global maritime hubs, necessitating continuous investment and modernization.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Initiatives by Government<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sagarmala Programme: <\/strong>Focuses on leveraging India\u2019s coastline and of navigable waterways.\n<ul class=\"wp-block-list\">\n<li>Supports port infrastructure, coastal development, and connectivity.<\/li>\n\n\n\n<li>Financial aid for projects like coastal berths, rail\/road connectivity, fish harbours, cruise terminals.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Maritime India Vision 2030 (MIV 2030): <\/strong>Aiming for India to become a top 10 shipbuilding nation by 2030 and create a world-class, efficient, and sustainable maritime ecosystem.\n<ul class=\"wp-block-list\">\n<li>Includes 150+ initiatives across ten key maritime sectors.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Inland Waterways Development: <\/strong>26 new national waterways identified by the Inland Waterways Authority of India (IWAI).\n<ul class=\"wp-block-list\">\n<li>Provides alternative, sustainable transport, easing road\/rail congestion.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Green Tug Transition Program (GTTP): <\/strong>Aims to replace fuel-based harbour tugs with eco-friendly, sustainable fuel-powered tugs.\n<ul class=\"wp-block-list\">\n<li>Transition to be completed by 2040 across major ports.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Sagarmanthan Dialogue: <\/strong>An annual maritime strategic dialogue to position India as a global center for maritime conversations.<\/li>\n\n\n\n<li><strong>Maritime Development Fund: <\/strong>\u20b925,000 crore fund for long-term financing to modernize ports and shipping infrastructure, encouraging private investment.<\/li>\n\n\n\n<li><strong>Shipbuilding Financial Assistance Policy (SBFAP 2.0): <\/strong>Modernized to help Indian shipyards compete with global giants.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India&#8217;s maritime sector is poised for significant growth, underscored by its strategic initiatives and government schemes.&nbsp;<\/li>\n\n\n\n<li>The first edition of Sagarmanthan has further cemented India&#8217;s commitment to becoming a global maritime leader, bringing together stakeholders to discuss key themes such as sustainability, connectivity, and governance.&nbsp;<\/li>\n\n\n\n<li>The efforts will take India\u2019s maritime sector toward a sustainable, innovative, and future-ready ecosystem, ensuring its place as a central player in the global maritime landscape.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2106662\" rel=\"nofollow noopener\" target=\"_blank\"><strong>PIB<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Shipping, Ports and Waterways launched major initiatives to modernize India\u2019s maritime infrastructure, strengthen global trade presence, and promote sustainability.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-38176","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/38176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=38176"}],"version-history":[{"count":4,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/38176\/revisions"}],"predecessor-version":[{"id":40186,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/38176\/revisions\/40186"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=38176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=38176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=38176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}