Sagarmala Programme and Maritime India Vision 2030
The Sagarmala Programme, launched in 2015 under the Ministry of Ports, Shipping and Waterways, is India's flagship maritime infrastructure development initiative. It focuses on port-led development: port modernisation, port connectivity enhancement, port-linked industrialisation, and coastal community development. Maritime India Vision 2030 (MIV 2030), released in 2021 at the Global Maritime India Summit, extends this to a comprehensive 10-year roadmap with 150+ strategic initiatives and projected investment of ₹3-3.5 lakh crore.
- Sagarmala Programme: Launched 2015; 840 projects worth ₹5.8 lakh crore planned by 2035; 272 projects (₹1.41 lakh crore) completed as of 2025
- MIV 2030 targets: Triple port handling capacity to 10,000 MTPA; become top 5 shipbuilding nation; reduce logistics costs from 13-14% of GDP to 8%
- Shipbuilding Financial Assistance Scheme (revamped): ₹24,736 crore to address cost disadvantage of Indian shipyards vs Korean/Chinese counterparts
- Shipbuilding Development Scheme: ₹19,989 crore for greenfield clusters and yard expansions
- Maritime Amrit Kaal Vision 2047: Long-term roadmap for India to become a leading global maritime nation by 2047
● Tracked since February 25, 2026 · last seen March 26, 2026 · updates as the daily brief publishes
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