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As on : 28-Oct-2025

Economy - Reports
28-Oct-2025 10:31

India's Maritime sector valued around US$ 1 Trillion

The Union Minister of Road Transport and Highways, Nitin Gadkari, addressed the India Maritime Week 2025 in Mumbai yesterday, focusing on the theme 'Innovative Mechanisms for Ship Financing.' Gadkari highlighted that India's maritime sector, valued at nearly USD 1 trillion (Rs 84 lakh crore), holds immense investment potential in ports, shipping, and logistics. Drawing from the success of the Ministry of Road Transport and Highways (MoRTH) in mobilizing Rs 1.4 lakh crore through ToT, InvITs, and PPP models'raising private participation from 10% to 35%'he emphasized that similar approaches could accelerate project execution, improve quality, and ease the financial burden on the government through private sector innovation and efficient fund flow. He also launched the CMEG (RIS) ' India Maritime Report 2025-26, titled 'Uniting Oceans, One Maritime Vision: India's Maritime Strides.'

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