UK-based leaders in maritime law, finance, shipping and ports were among those who joined an India Maritime Investment Meet at India House in London this week.
The event, co-hosted by the High Commission of India in the UK and India’s Ministry of Ports, Shipping and Waterways, showcased India as the “next big destination for green and investible maritime growth”.
T.K. Ramachandran, Secretary in the Indian Ministry, delivered a comprehensive keynote address to cover:
India’s Growing Shipbuilding and Recycling Ecosystem
Investment Opportunities in Indian Ports
Scaling India’s Shipping Sector: Growth and Global Role
Innovative Financing Models Driving Maritime Transformation
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He said: “As a maritime vision 2047 targets, India aims to increase cargo-handling capacity at the ports to 35,00 million tons per annum in 2030, and 10,000 million tons per annum in 2047 – huge numbers.”
The ministry official extended a formal invitation to UK investors and experts in the sector to actively tap into the opportunities by attending India Maritime Week 2025, themed around ‘Uniting Oceans, One Maritime Vision’, taking place in Mumbai in October.
“India's maritime sector is making significant strides, positioning the nation as a key player in sustainable shipbuilding and environmentally sound ship recycling. This ambition was a central theme at the recent India Maritime Investment Meet 2025,” the ministry stated.
Four special panels discussed investment in India's maritime sector, covering shipbuilding, repair and recycling, port infrastructure, green shipping, ship leasing and finance.
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Indian High Commissioner to the UK Vikram Doraiswami said: “India has historically recognised the importance of the external environment for its development objectives. But in the last decade or so, we have actually started translating that into effective measures to support the externalisation of development opportunities for India, both in the foreign policy domain and foreign economic policy domain.
“This effectively means we are going to be all in on creating new infrastructure that facilitates the efficient movement of goods.”
