Context: Prime Minister inaugurated ‘Maritime India Summit 2021’ through video conferencing.

  • The Summit will help in furthering growth of India's maritime economy. 
  • Several countries are participating in the event including the CEOs and Ambassadors of several countries to boost investment in the Maritime sector in India. 

Govt. initiatives in maritime sector:

  • Capacity of major ports have increased from 870 million tonnes in 2014 to 1550 million tonnes now. 
  • Indian ports now have measures such as: Direct port Delivery, Direct Port Entry and an upgraded Port Community System (PCS) for easy data flow. 
  • Our ports have reduced waiting time for inbound and outbound cargo.
  • Mega ports with world class infrastructure are being developed in Vadhavan, Paradip and Deendayal Port in Kandla.
  • Sagar-Manthan: Mercantile Maritime Domain Awareness Centre(MM-DAC): It is an information system for enhancing maritime safety, search and rescue capabilities, security and marine environment protection.

Significance of maritime sector:

  • Government of India is all geared up for facilitating and grounding the investments in the maritime sector and its role in the vision of ‘Aatmanirbhar Bharat’.
  • Maritime India Vision 2030 is aiming to make the Indian Maritime Industry at par with top global benchmarks in next 10 years.
  • India is very serious about growing in the maritime sector and emerging as a leading Blue Economy of the world.