Raghav JhunjhunwalaAIR 4 · CSE 2025 · 101 wordsTheir whole copy
Opening · a figure
India recently clocked $825 Bn. in overall Exports, thanks to its budding and resilient coastal economy.
Body · points and prose
Sagarmala Initiative: Port led Growth & coastal Economy
- Infra development: To reach ports + within Port premises.
- Focus upon multi modal transport and logistics hubs.
- Focus on reducing logistics cost to enhance exports competitiveness.
- Encourage pvt. sector investment and participation. Ex: Vizhinjam Port, Kerala
- policy primacy and operational priority.
- Dedicated Budgetary support (₹ 20,000 cr. maritime Fund)
- Improve Inter ministerial co-op. (via GATISHAKTI)
Importance of Port led development
(1) → Reduce dependence on foreign vessels (by promoting domestic)
(2) → skill development of local Engineers + job avenues
(3) → maritime security + geopolitical considerations
(4) → Promote domestic avenues
- container building
- cranes and handling
- Demand for maritime Exportables
challenges & way Forward
(1) → Disturbed SLOCs (work on maritime security)
(2) → work on maritime operational codes for smoother transit flow (Ex: Indo-Phillipines)
Close · a vision
Thus, maritime sector posits an undertapped potential for Port led Growth for Viksit Bharat 2047.