Maritime Amrit Kaal Vision 2047 launched

On October 17, 2023, the Maritime Amrit Kaal Vision 2047, the long-term blueprint for the Indian maritime economy, was 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 mtpa by 2047, and to secure 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 utilised for goals such as achieving carbon neutrality at all major ports, attaining the highest rank in cruise tou­rism, developing 25 cruise terminals, more than doubling the number of operational waterways, reaching 500 million tonnes of cargo, and becoming the leading nation in ship recycling.