Mumbai Port Authority Chairman M. Angamuthu has announced that India’s maritime sector is on course for a major expansion, with investments projected to reach $200 billion by 2035.
Speaking on the country’s maritime growth plans, Angamuthu said the investments will focus on port modernization, green shipping initiatives, coastal connectivity, and digital transformation. He added that these measures align with the government’s Maritime Vision 2035, which aims to position India as a global maritime leader and boost its share in international trade.
The planned investments are expected to enhance port efficiency, attract private participation, and strengthen India’s role in global logistics and supply chains.