Maritime Amrit Kaal Vision 2047 launched

On October 17, 2023, the Maritime Amrit Kaal Vision 2047, the long-term blueprint for the Indian maritime blue economy launched. The vision blueprint outlines strategic initiatives aimed at enhancing port facilities, promoting sustainable practices, and facilitating international collaboration. It aims to quadruple port capacity to 10,000 million tonnes per annum (mtpa) by 2047 and to get 100 per cent public private partnership (PPP) for 12 major ports in the country. According to the vision document, investments worth Rs 80 trillion over the next 25 years will be used to achieve goals like carbon neutrality at all major ports, attaining the highest rank in cruise tourism, development of 25 cruise terminals, increasing operational waterways more than two-fold and 500 million tonnes of cargo, becoming the leading nation in ship recycling, among others.