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India’s Maritime sector needs investment of $1 Trillion by 2047 : MoPSW Secretary

January 23, 2025
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India’s Maritime sector needs investment of $1 Trillion by 2047 : MoPSW Secretary

MUMBAI : The Indian maritime sector would need an investment of $1 trillion by 2047 and ₹5 lakh crore by 2030 to harness its full potential, Shri T.K. Ramachandran, Secretary, Union Ministry of Ports, Shipping & Waterways said on Wednesday, 22nd January. 

He said steps have been taken for the establishment of green hydrogen production hubs at Paradip, Tuticorin and Kandla ports for the decarbonisation of the shipping sector.

Speaking at the FICCI Maritime Conference and Expo 2025 in Mumbai he said that several companies had already . . .

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