International shipping transports more than 80 per cent of global trade to peoples and communities all over the world. Shipping is the most efficient and cost-effective method of international transportation for most goods; it provides a dependable, low-cost means of transporting goods globally, facilitating commerce and helping to create prosperity among nations and peoples.
The world relies on a safe, secure and efficient international shipping industry, which is an essential component of any programme for future sustainable green economic growth in a sustainable manner.
National Maritime Day
Every year, National Maritime Day in India is celebrated on 5th April. It is a day celebrated to show gratitude to the men who spend many months in the sea, to carry out the bulk of India’s trade and commerce at a global level.
- It is celebrated to encourage the merchant shipping industry of India. Shipping contributes a lot to the country’s economy.
- At present, 90% of India’s international trade in terms of volume and 77% in terms of value is moved by sea.
Maritime India Vision 2030
- It is a ten-year blueprint for the maritime sector which was released by the Prime Minister of India at the Maritime India Summit 2021.
- It will supersede the Sagarmala initiative and aims to boost waterways, give a fillip to the shipbuilding industry and encourage cruise tourism in India.
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