Thursday, 21 November 2024
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The maritime industry needs to adjust to climate change

  • India‘s maritime position was emphasized by President Droupadi Murmu.
  • For a healthy ecosystem, Murmu also underlined the significance of efficient and sustainable maritime-related activities.
  • The President declared that India is getting ready for “Samudrayaan,” its first manned deep ocean mission.

India’s maritime position was emphasized by President Droupadi Murmu, who noted that the nation has 14,500 km of potentially navigable waterways and a 7,500 km coastline.

She emphasized that, because climate change poses a serious threat to livelihoods, especially for vulnerable communities, the maritime industry must embrace more environmentally friendly practices to mitigate its effects. For a healthy ecosystem, Murmu also underlined the significance of efficient and sustainable maritime-related activities, such as shipping.

Maritime industry

With maritime transport accounting for 95% of the nation’s trade by volume and 65% of its trade by value, the maritime industry is essential to India’s trade and economic development. With a fleet of about 250,000 fishing boats, India is the world’s second-largest fish-producing country.

The coastal economy supports over four million fishermen. There are difficulties, though, like cargo from container ships being redirected to foreign ports because of depth limitations.

Murmu called for the merchant and civilian shipbuilding sectors to operate to the highest levels of effectiveness, efficiency, and competitiveness. She also underlined that before Indian ports can advance to the next level, they must solve operational and infrastructural difficulties and achieve global average benchmarks.

In addition, the President declared that India is getting ready for “Samudrayaan,” its first manned deep ocean mission, which will explore waters as deep as 6,000 meters and conduct research on deep-sea resources and biodiversity assessment.

A total of Rs. 10 lakh crore was invested in the third edition of the Global Maritime India Summit, contributing to the Union Government‘s goal of “Ports for Prosperity and Ports for Progress.”

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