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Home » India plans big boost to shipping sector
News Update

India plans big boost to shipping sector

India to expand shipping fleet with major vessel addition plan to boost maritime capacity Atmanirbhar Shipping trade growth and supply chain resilience.
News DeskBy News Desk30 April 2026Updated:30 April 2026No Comments2 Mins Read
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Union Minister Sarbananda Sonowal announced that India is preparing a roadmap to add 92 vessels in the current financial year with an investment of around ₹51,383 crore. The plan aims to strengthen domestic shipping capacity and reduce dependence on external fleets.

india maritime expansion vessel plan

Focus on self-reliant maritime growth

The government targets an additional 2.85 million gross tonnage (GT) capacity as part of its “Atmanirbhar Shipping” strategy. The push includes expanding container ships, LPG and crude carriers, green tugs, and other specialised vessels to improve resilience in global trade disruptions.

Strategic review amid Strait of Hormuz concerns

A high-level meeting was held in New Delhi to assess global maritime risks, especially around the Strait of Hormuz. Officials from multiple ministries, oil PSUs, and shipping bodies reviewed cargo flows, vessel movement, and operational readiness.

Strong emphasis on fleet and infrastructure upgrade

The minister stressed urgent expansion of India’s fleet, shipbuilding capacity, port infrastructure, and overall maritime ecosystem. A joint venture between Shipping Corporation of India and oil PSUs to acquire 59 vessels was also reviewed.

White paper and coordinated action plan

Sonowal directed the preparation of a detailed white paper identifying gaps, targets, and a time-bound roadmap for the maritime sector. He called for close coordination between key ministries including petroleum, chemicals, and commerce.

Focus on supply chain security and seafarer safety

The meeting also highlighted the need to protect supply chains from global disruptions while ensuring the safety and security of Indian seafarers in sensitive maritime zones.

Push for a stronger global maritime position

The session concluded with a call for better coordination across departments to strengthen India’s position as a globally competitive maritime power.

92 vessels India shipping Atmanirbhar shipping India banner container ships LPG crude carriers India global trade resilience India green tugs maritime India gross tonnage increase India India fleet capacity growth India maritime expansion plan logistics and shipping India economy maritime security India supply chain maritime white paper India oil PSU shipping joint venture India port infrastructure upgrade India Sarbananda Sonowal maritime strategy seafarer safety India maritime shipbuilding industry India growth Shipping Corporation of India vessels shipping sector investment India Strait of Hormuz risk India shipping
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