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International trade

India Maritime Week 2025 Attracts 12 Lakh Crore Investment Pledges, Aligns with Global Shipbuilding Ambition

Strategic Insights

— 2 min read

The India Maritime Week 2025 has witnessed the signing of investment pledges worth 12 lakh crore, with a significant focus on shipbuilding, union ports, shipping, and waterways. This development is in line with India's goal to rank among the top five shipbuilding nations globally by 2047. The investments already grounded amount to 5.5 lakh crore, with the shipping sector serving as the backbone of India's foreign trade, handling nearly 90% of the country's export-import cargo by volume and about 70% by value.

Key Takeaways:

  • A total of 12 lakh crore investment pledges have been signed at the India Maritime Week 2025, with a focus on shipbuilding, union ports, shipping, and waterways.
  • The investments align with India's goal to rank among the top five shipbuilding nations globally by 2047.
  • Shipping serves as the backbone of India's foreign trade, handling nearly 90% of the country's export-import cargo by volume and about 70% by value.
  • The MoUs signed cover collaborations across port development, sustainability, shipbuilding, port-led industrialisation, and trade facilitation.
  • DP World announced $5-billion investments during the week across various initiatives, including green coastal and short-sea shipping.
  • Cochin Shipyard signed eight agreements, including ones with CMA CGM for LNG dual-fuel vessels and the Dredging Corporation of India (DCI) for dredgers.
  • Swan Defence and Heavy Industries tied up with Mazagon Dock for naval ships, while Adani Ports and Odisha Maritime Board announced tug and cluster projects.
  • Oil and gas PSUs launched 59 shipbuilding orders worth 47,800 crore.
  • Approximately 30% of the total investment value is directed towards port development and modernisation, 20% toward sustainability, 20% for shipping and shipbuilding, 20% for port-led industrialisation, and the remaining 10% for trade and business knowledge partnerships.

Statistics:

  • Investment pledges: 12 lakh crore
  • Investments already grounded: 5.5 lakh crore
  • Percentage of India's export-import cargo handled by shipping: 90% (by volume), 70% (by value)
  • Number of shipbuilding orders launched by Oil and gas PSUs: 59
  • Value of shipbuilding orders launched by Oil and gas PSUs: 47,800 crore
  • Percentage of total investment value directed towards port development and modernisation: 30%
  • Percentage of total investment value directed towards sustainability: 20%
  • Percentage of total investment value directed towards shipping and shipbuilding: 20%
  • Percentage of total investment value directed towards port-led industrialisation: 20%
  • Percentage of total investment value directed towards trade and business knowledge partnerships: 10%

Sources:

  • India Maritime Week 2025
  • Global Data Point
  • SyndiGate Media Inc.

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