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•4 min read•
✦Reported by The Statesman

Blue economy offers waves of opportunity

Blue economy offers waves of opportunity
Source: The Statesman

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓India’s 11,098-kilometre coastline offers a new frontier for development as the nation moves towards Viksit Bharat 2047.
  • ✓Prime Minister Narendra Modi identified the Blue Economy as a key growth stream.
  • ✓This strategy aims to boost livelihoods, energy security, and trade by using science to build sustainable, climate-resilient coastal communities.

Story at a Glance

Category
BUSINESS
Reported By
The Statesman
Reading Speed
4 Minute(s)
Market Focus
India Economy

For centuries, the ocean h a s carried India's trade, shaped its coastal cultures and strengthened its strategic influence. Today, with an 11,098- kilometre coastline, vast marine resources and a commanding position in the Indian Ocean, it offers a new frontier for India's development. As the nation advances towards Viksit Bharat 2047, the Blue Economy is emerging as a powerful pathway to prosperity, sustainability and national strength.

Prime Minister Narendra Modi has placed this opportunity at the heart of India's growth vision. His 80th Independence Day speech identified the Blue Economy as one of the seven streams, or Sapta-Dhara, that will propel the country forward. The Blue Economy is not simply an economy of the ocean, but of people, ideas and possibilities. It is about securing better livelihoods for fisherfolk and coastal communities, creating opportunities for entrepreneurs and investors, strengthening food and energy security, and using science to build climate-resilient coasts.

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The Statesman

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Blue economy offers waves of opportunity | ArthNow