Why in News?
Prime Minister Narendra Modi addressed the Maritime Leaders Conclave held during India Maritime Week 2025 in Mumbai (October 27–31, 2025), highlighting reforms, efficiency, and India’s vision to become a global maritime hub.
Description:
About the Conclave:
- Organized by the Ministry of Ports, Shipping and Waterways (MoPSW).
- Theme: “Uniting Oceans, One Maritime Vision.”
- Part of India Maritime Week 2025, a flagship event showcasing India’s maritime growth and blue economy vision.
- PM Modi also chaired the Global Maritime CEO Forum during the event.
Key Highlights:
- India’s port efficiency has improved — container dwell time reduced to under three days and vessel turnaround time to 48 hours.
- Major MoUs worth thousands of crores signed in the shipping and port infrastructure sector.
- Reforms announced to align Indian maritime laws with international shipping conventions.
- Introduction of a Coastal Shipping Act to simplify trade and strengthen supply chain security.
- Focus on blue economy, sustainability, and decarbonisation of ports and vessels.
- India projected itself as a “steady lighthouse” amid global disruptions, emphasizing stability and maritime resilience.
Significance:
- Strengthens India’s maritime governance and aligns with Sagarmala and Maritime India Vision 2047.
- Aims to enhance ease of doing business, attract global investment, and position India as a leader in ocean-based industries.
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