India’s Marine Power & Blue Economy

Business World | Aug 8, 2020 at 4:13 PM
  • INDIA’S ROLE AS A MARITIME power is crucial as 90 per cent of trade by volume and over 74 per cent by value takes place via sea routes.
  • Thereafter, the present government in its first term initiated Sagarmala, a multi-crore programme aimed at revitalising India’s ports and maritime infrastructure, including inland marine transportation and coastal shipping.
  • The India-Australia Virtual Leaders’ Summit between Prime Minister Scott Morrison and Prime Minister Modi held on 4 June was a breakthrough, elevating Comprehensive and Strategic Partnership, especially in defence and security.