India has presented an investment plan of $1TRN to boost growth through ports, shipping and logistics, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said at the ambassadors’ conclave in Delhi on Wednesday.
The roundtable, attended by representatives from 28 nations and industry stakeholders, was organized as a prelude to India Maritime Week 2025, scheduled for October 27-31 in Mumbai.
Sonowal said the roadmap targets port and cargo terminal development, multimodal transport hubs, shipbuilding, ship recycling and repairs, along with investments in green hydrogen, bunkering and sustainable shipping.
“India’s maritime journey is entering a new chapter,” Sonowal told delegates. “These opportunities open up to $1 trillion in potential, with strong scope for global joint ventures.”
Presentations from ministry officials highlighted mega projects like Vadhavan Port, Galathea Bay Transhipment Hub and the Tuna Tekra terminal, as well as opportunities in LNG bunkering, hydrogen hubs and maritime industrial parks.
Discussions also underscored India’s push to expand shipbuilding capacity and strengthen port-led development, while accelerating digitalization in logistics. Envoys from countries like Japan, Sri Lanka, Malta, South Korea and Belarus flagged the potential of India’s blue economy and the need to accelerate the shift to low-emission vessels.
The conclave marks a build-up to India Maritime Week, where government, industry and global partners are expected to outline investment and technology partnerships.
The roadmap comes amid a wave of major maritime moves in India. APM Terminals recently signed a $1 billion deal to modernize and operate three ports in Andhra Pradesh, signaling growing investor interest in India’s port infrastructure. Meanwhile, Shipping Corp of India is preparing a $2.3 billion newbuilding program, with plans to order 26 domestically built vessels, adding 1.18 million GT to its fleet and bolstering India’s shipbuilding ambitions.
Delighted to address the Ambassadors’ Roundtable in New Delhi ahead of India Maritime Week 2025. Guided by the vision of Hon’ble PM Shri @Narendramodi Ji, India’s maritime sector is surging ahead & unlocking $1 trillion investment opportunities in ports, shipping, green… /GSXVPX65V
– Sarbananda Sonowal (@Sarbanandsonwal) August 27, 2025
Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of the offshore energy and ocean industries for many years and is a member of the International Federation of Journalists. He had previously written for titles of the Navingo Media Group, including Offshore Energy, Subsea World News and Marine Energy.
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