India's Ministry of Ports, Shipping and Waterways has announced a significant investment of ₹51,383 crore (approximately $6.2 billion USD) to enhance its maritime capacity by adding 62 new vessels by March 2027. This initiative, which aims to create an additional 2.85 million gross tonnage, was decided during a high-level inter-ministerial meeting chaired by Union Minister Sarbananda Sonowal. The meeting included officials from various ministries and sectors, focusing on the urgent need to expand India's shipping capacity, particularly in container vessels, LPG carriers, and green tugs, to ensure resilience against global disruptions. Sonowal emphasized the importance of strengthening the fleet, shipbuilding capacity, and port infrastructure while maintaining heightened vigilance for the safety and security of Indian seafarers. A structured policy response will be developed, outlining current gaps and clear targets across key maritime sectors.