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Maritime India Summit 2021

  Mar 12, 2021

Maritime India Summit 2021

Q. What is the news?

  • ‘Maritime India Summit 2021’ is being organised by the Ministry of Ports, Shipping and Waterways.

Q. What are the focus area?

  • To further the port-led development along the 7,516-km long coastline.
  • India will invest USD 82 billion in port projects by 2035 (under Sagarmala Programme), raise the share of clean renewable energy sources in the maritime sector, develop waterways and boost tourism around lighthouses.
  • India aims to operationalise 23 waterways by 2030.

Q. What is the current Status of Indian Ports? 

  • India has 12 major ports and several minor ports.
  • Capacity of major ports have increased from 870 million tonnes in 2014 to 1550 million tonnes in 2021.
  • Indian ports have measures such as: Direct port Delivery, Direct Port Entry and an upgraded Port Community System (PCS) for easy data flow that has helped in reduced waiting time for inbound and outbound cargo.

Q. What is its significance? 

  • It will help in growth of the maritime sector and promote India as a leading Blue Economy of the world.
  • It will further the Maritime India Vision 2030.

Q. What are some other Initiatives for Port Development? 

  • The Sagar-Manthan: Mercantile Marine Domain Awareness Centre has also been launched.
    • It is an information system for enhancing maritime safety, search and rescue capabilities, security and marine environment protection.
  • Ship repair clusters will be developed along both coasts by 2022.
  • Domestic ship recycling industry will also be promoted to create 'Wealth from Waste'.
    • India has enacted Recycling of Ships Act, 2019 and agreed to the Hong Kong International Convention.
  • India aims to increase usage of renewable energy to more than 60% of total energy by 2030 across Indian ports.