Maritime Vision 2030 envisages Rs 3 lakh cr investment in port projects, 20 lakh jobs

The government prepares to increase the transshipment volumes of Indian freight at Indian ports from 25 per cent in 2020 to more than 75 per cent by 2030 by operationalisation of Vizhinjam port and development of Transshipment zone in Kanyakumari and Champbell Bay.
Initiatives to boost Ease of Doing Business are planned under it that include carrying out Enterprise Business System (EBS) to streamline and digitize processes throughout Major Ports by 2021, developing National Marine Logistics Portal to implement 100 percent paperless processes including online payment and carrying out merged ship e-registration website.
“Port-led industrialization would assist understand an income of over Rs 10,000 crore for significant ports, while producing an expense savings of Rs 20,000 crore,” it said.
It said shift from road/rail to costal shipping could create expense savings of Rs 9,000-10,000 crore.
It prepares advancement of green sustainable ports with an objective to increase the share of eco-friendly energy to over 60 percent by 2030 from present levels of less than 10 percent besides promoting waste to wealth through sustainable dredging and domestic ship recycling and focuses on reaching the target of Zero Accident Ports by 2022.
Also, the policy concentrates on Make in India, Make for the world and thereby becoming a leading ship building country by 2030 through 15 times increase in the gross tonnage of ships integrated in India.
It envisages establishing a maritime development fund to offer low expense, long term financing to maritime sector stakeholders besides improving cruise facilities by developing devoted cruise terminals at 12 selected ports.
Likewise, development of five themes will be promoted for cruise tourist – pilgrim, heritage, ayurvedic & & health, island tourism and regional worldwide circuit (India, Sri Lanka, Myanmar and Thailand).
The policy prepares incentivising global cruise liners to make India their house port and emphasises on reinforcing the maritime organizations to boost Indias training and development abilities at par with global requirements.
This would assist in increasing Indias share of seafarers from 12 percent at present to over 20 percent.
Prioritising advancement of 23 national waterways is planned under it with maximum potential in Phase 1 besides increasing the freight movement from 73 million tonne per year (MTPA) to over 200 MTPA.
It will also concentrate on the advancement of eastern waterways connection transport grid for improving regional connectivity and reducing cost of transport from Bangladesh, Nepal, Bhutan and Myanmar, as per the file.
Earlier Minister of Ports, Shipping and Waterways Mansukh Mandaviya had chaired a series of extensive brainstorming sessions with chairpersons of all significant ports and senior officials of the ministry to come out with plans to simplify and smooth the operations of major ports to transform ports in” clever ports” and further intelligent ports as pictured in Maritime India Vision-2030.

The Maritime India Vision-2030, a 10-year blueprint with the objective of overhauling the Indian maritime sector, imagines Rs 3 lakh crore financial investment in port tasks that in turn guarantees to produce work for 20 lakh persons. Prime Minister Narendra Modi unveiled the Maritime India Vision (MIV) 2030 on Tuesday while inaugurating the three-day Maritime India Summit 2021, participated by 24 nations.
“Maritime India Vision 2030 would involve a financial investment of over Rs 3 lakh crore, which would generate more than 20 lakh jobs and unlock annual revenue potential for significant ports worth over Rs 20,000 crore,” according to the Ministry of Ports, Shipping and Waterways document.
Based on the file, Rs 1-1.25 lakh crore financial investments are planned in augmenting the infrastructure of major ports, which would help in producing 7-10 lakh tasks.
It envisages developing mega capacity ports in high potential areas of Gujarat, Maharashtra and Odisha-West Bengal Cluster at a financial investment of over Rs 80,000 crore.

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