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'Govt expects investment worth ₹80 crore in maritime industry'
The Free Press Journal - Indore
|October 15, 2025
The government is expecting an investment of Rs 80 lakh crore in the domestic maritime industry, including ports, shipbuilding and ship repair, among others, in the next 25 years as the country aspires to become one of the top five shipbuilding nations by 2047, Union Minister Sarbananda Sonowal said on Tuesday.
Addressing a media conference in collaboration with the Indian Ports Association (IPA) ahead of the fourth edition of the India Maritime Week (IMW) 2025, Sonowal said that various policy initiatives have been taken under the leadership of PM Modi to propel the maritime industry in the country.
The five-day event, IMW, is slated to commence in the financial capital from October 27 and will be addressed by Prime Minister Narendra Modi, among others.
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