Atmanirbhar shipping push targets 62 new vessels in FY27

New Delhi: Union Minister Sarbananda Sonowal said the government will accelerate the Atmanirbhar shipping push by adding 62 vessels in FY 2026–27 to strengthen India’s maritime capacity.

He chaired a high-level inter-ministerial meeting on April 29 to review shipping preparedness amid global developments. The government plans to invest ₹51,383 crore to create an additional 2.85 million gross tonnage capacity. Officials said the move will enhance resilience in maritime trade and logistics.

The Minister stressed the need to expand fleets across key segments. These include container vessels, LPG carriers, crude carriers and green tugs. Moreover, he reviewed cargo flows, vessel movement and overall operational readiness.

He said India must strengthen shipbuilding, port infrastructure and the broader maritime ecosystem. Therefore, the government aims to reduce dependence on foreign shipping and improve supply chain stability.

Atmanirbhar shipping roadmap to address gaps

The Atmanirbhar shipping initiative will include a detailed white paper to identify sector gaps and set clear targets. Sonowal directed departments to prepare a time-bound roadmap with coordinated action across ministries.

Officials from petroleum, chemicals, shipping and trade sectors attended the meeting. In addition, the government reviewed a joint venture involving the Shipping Corporation of India and oil PSUs to acquire 59 vessels.

The Minister said the white paper will guide future policy decisions. He emphasised that ministries must work together to ensure effective implementation.

Furthermore, he highlighted the importance of safeguarding Indian seafarers. Authorities have been directed to maintain vigilance in sensitive maritime regions.

The government said it continues to monitor global developments closely. At the same time, it is strengthening domestic maritime capabilities through strategic investments.

Officials believe the Atmanirbhar shipping push will improve India’s global competitiveness. As a result, it will support trade, energy security and long-term economic growth.