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India Launches Maritime Investment Fund to Boost Global Shipping

Union Minister Sarbananda Sonowal has convened industry leaders to finalize the Maritime Investment Fund, a strategic vehicle designed to inject long-term capital into India’s expanding port infrastructure and shipbuilding sectors. The initiative marks a decisive move to secure private financing for the country's ambitious maritime modernization agenda.

The consultation, held in partnership with Sagarmala Finance Corporation Limited and SBI Ventures Limited, focused on the structural framework required to bridge existing equity gaps in the industry. By prioritizing green shipping and advanced maritime technology, the government aims to catalyze private sector participation that has historically remained cautious regarding large-scale logistics projects.

MoPSW Secretary Vijay Kumar emphasized that scaling India’s maritime influence requires more than regulatory reform; it demands a robust financial ecosystem. The fund will serve as a specialized platform to channel resources into modernizing logistics, effectively positioning Indian ports to compete on a global scale under the broader vision of national industrial growth.

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