India is set to increase its maritime capacity by adding 62 vessels in the fiscal year 2026–27, with an investment of Rs 51,383 crore. This move aims to boost the country’s gross tonnage capacity by 2.85 million GT. In a recent meeting, the government emphasized the importance of enhancing India’s shipping capabilities for self-reliance in the maritime sector.
Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, stressed the urgent need to expand India’s shipping capacity. This expansion includes various types of vessels such as container ships, LPG carriers, crude carriers, and green tugs to ensure resilience against external disruptions. The minister also highlighted the significance of strengthening cargo flows, vessel movements, and operational readiness across key maritime segments.
Reviewing the status of a joint venture between Shipping Corporation of India (SCI) and Oil PSUs to acquire 59 vessels, the minister emphasized the critical role of a coordinated national effort in strengthening the fleet, shipbuilding capacity, and port infrastructure. Sonowal instructed relevant departments to prepare a comprehensive white paper addressing current gaps, setting clear targets, and establishing a time-bound roadmap for the maritime sector.
