India's maritime sector received a significant boost at the India Maritime Week 2025, with investment pledges up to ₹12 lakh crore (₹12 trillion), according to Union Minister Sarbananda Sonowal.

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The Government of Odisha has announced a major plan to expand its total port handling capacity to 500 million tonnes (MT) annually by 2047, positioning the state as a dominant force in the global maritime trade. The announcement was made by Chief Minister Mohan Charan Majhi during a special session at the India Maritime Week in Mumbai.

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India took a major step towards a sustainable and globally connected maritime future as the Ministry of Ports, Shipping and Waterways (MoPSW) led the opening of India Maritime Week 2025 in Mumbai. The first day witnessed the signing of landmark agreements worth about ₹55,000 crore with leading Indian and global companies, reinforcing the country’s commitment to green shipping, innovation, and investment-driven growth.

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Prime Minister Narendra Modi is scheduled to visit Bhavnagar, Gujarat, on September 20, to inaugurate and lay the foundation stone for a series of transformative projects worth Rs 1.5 trillion (US $17,02,40,25,000.0.

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While many carriers have postponed their peak season surcharge (PSS) implementation from mid-May, they are now expected to apply two separate PSS increases on top of existing long-term fixed rates: $2,000 per FEU effective June 1 and $4,000 per FEU effective June 15.

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