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India to be steady lighthouse for global rough seas: Modi

October 30, 2025

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Business Standard

PM tells international shipping cos to invest and expand in the country

- DHRUVAKSH SAHA

As the government attempts to catalyse investments worth over %10 trillion in maritime infrastructure this year, Prime Minister Narendra Modi on Wednesday told global shipping giants to invest and expand in India as it can provide the stability needed in an uncertain blue economy.

“When the global seas are rough, the world looks for a steady lighthouse. India is well poised to play that role with strength and stability. Amid global tensions, trade disruptions, and shifting supply chains, India stands as a symbol of strategic autonomy, peace, and inclusive growth,” Modi said at the Maritime Leaders Conclave at the India Maritime Week in Mumbai.

The Prime Minister said that India is eyeing significant growth in key areas like shipbuilding, share of container cargo, and expansion of cargo capacity at ports.

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