ENA Sectors 2025-10-29 17:26:40 <p><span style="font-size:14px"><strong>New Delhi, Oct 29 (KNN)</strong> Indias maritime industry is set for massive growth, with investments worth around Rs 8 trillion expected by 2047 and the creation of nearly 1.5 crore jobs, Union Minister Hardeep Singh Puri announced at India Maritime Week 2025.</span></p> <p><span style="font-size:14px">Puri highlighted that Indias economic progress is deeply connected to its maritime strength. With a coastline of nearly 11,000 kilometres across 13 coastal states and union territories, India has vast potential to enhance sea-linked trade and shipping. </span></p> <p><span style="font-size:14px">He emphasised that more than half of the countrys GDP now comes from sectors dependent on external trade, making the maritime sector crucial for long-term economic growth.</span></p> <p><span style="font-size:14px">The minister also noted the growing international interest in Indias maritime development. India Maritime Week 2025witnessed participation from over 100 countries, with 500+ exhibitors and more than 1 lakh delegates. </span></p> <p><span style="font-size:14px">The event serves as a major platform for collaboration, investment, and innovation in the shipping and port sectors.</span></p> <p><span style="font-size:14px">Union Home Minister Amit Shah, who inaugurated the event, described this period as Indias Maritime Moment. </span></p> <p><span style="font-size:14px">He stressed that Indias ports and trade infrastructure are undergoing rapid transformation, positioning the nation as a global trade hub.</span></p> <p><span style="font-size:14px">Puri also connected maritime development to broader infrastructure projects, noting that the first phase of Jewar Airportwill be operational by end-November 2025. </span></p> <p><span style="font-size:14px">Once combined with Delhis Indira Gandhi International Airport, it is expected to record one of the highest passenger footfalls globally.</span></p> <p><span style="font-size:14px">The governments vision underscores how the maritime sector will drive Indias journey toward becoming a developed nation by 2047, supporting trade, logistics, and employment opportunities across the country.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 43921 https://knnindia.co.in/news/newsdetails/sectors/indias-maritime-sector-to-attract-rs-8-trillion-investment-and-create-15-crore-jobs-by-2047 2025-10-29 17:26:40 knnindia.co.in