Where Ships Come Calling India’s Maritime Sector

Description

Where Ships Come Calling India’s Maritime Sector

The maritime sector is a new entrant in the Indian policy-making space. This sector is vast, but the literature on it is minuscule. For decades, the maritime space did not elicit much interest from a relatively closed economy.

Yet, as the Indian economy has become globally connected, the demands to understand the maritime sector, and consequently take advantage of its immense possibilities, have now become evident. Indian policy-making has come to realise that no sizable economy can truly take off without a deep investment in the maritime sector. These possibilities are no longer limited to search for estimates of mineral wealth under the seas, fishing wealth, or even offshore renewable energy. Those are all important, but a huge global dimension involving trade dominance and consequent geo-strategic concerns has come to occupy the forefront.

India has just started to put in place a shipping industry, after decades of neglect. The building blocks include building up of shipyards with adequate capacity to build these ships, then construct these ships with the latest technology which too is rapidly shifting towards a green economy.

The book coves various aspects related to India’s maritime industry excluding and including the abovementioned.

Additional information