India's ambition to achieve a $5 trillion economy and its "Viksit Bharat 2047" vision will be significantly propelled by its maritime strength, according to Navy Chief Admiral Dinesh K. Tripathi. Speaking at Savitribai Phule Pune University, Admiral Tripathi emphasized that India's future as a developed nation is intrinsically linked to its maritime prowess and strategic self-reliance. He highlighted the importance of maritime power for national growth, security, and global connectivity.
Historical Context and Economic Imperative
Admiral Tripathi drew upon history, potential risks, and extensive oceanic opportunities to underscore his point, stating that India's maritime resources are "transformational" and capable of elevating the economy while strengthening strategic capabilities. He moved away from a historically land-centric view of security, emphasizing India's critical economic dependence on the oceans. Approximately 95% of India's trade by volume travels by sea, making secure maritime trade routes essential for the nation to become a $5 trillion economy by 2027 and the world's third-largest economy by 2030.
The Navy Chief compared India's maritime sector to the rise of South Korea, Japan, and China, stating that "Shipbuilding is the mother of all industries". He has set an ambitious goal for India to be among the top five global shipbuilders by 2047, which would boost related industries and create many jobs. To reach the ‘Viksit Bharat’ goal by 2047, the Economic Survey 2024-25 indicates that an 8% growth at constant prices is needed for the next two decades. This requires an entrepreneurial environment, favorable regulatory policies, decentralized governance, and a focus on innovation and technology to boost manufacturing.
Evolving Security Challenges and Strategic Self-Reliance
Admiral Tripathi cautioned about a changing geopolitical landscape, describing it as "Fear of Influence 2.0". This new form of competition involves controlling infrastructure, supply chains, and logistical standards, differing from traditional military conflicts. He also mentioned the increase in "Grey Zone" warfare, which includes cyber intrusions and legal warfare.
India's maritime self-sufficiency is vital to realizing its Viksit Bharat 2047 vision. India needs to become a shipbuilding and ship-owning nation. Currently, India handles only 1.4% of global tonnage, highlighting the need to increase the number of India-flagged vessels in the global freight transport system. This is essential to protect Exim (export-import) trade from freight volatility, preserve foreign exchange, boost manufacturing and job creation, and enhance the country's position in global supply chains.
The Blue Economy and Sustainable Development
Admiral Tripathi has called the "Blue Economy" the "second IT sector," describing it as India's next major growth engine. The Maritime India Vision 2047 aims to mobilize ₹80 lakh crore in investments and create 1.5 crore jobs over the next two decades. Union Minister Sarbananda Sonowal described it as a plan to transform ports, shipping, and inland waterways into a world-class ecosystem aligned with the goal of Viksit Bharat.
Sustainability has become a key benchmark for port development. All 12 major ports are expected to achieve carbon neutrality by 2047, with green energy goals by 2035. Ports like Kandla, Paradip, and Tuticorin have been identified as green hydrogen hubs.
Indian Navy's Role and Commitment
Admiral Tripathi emphasized the Navy's vital role as the "maritime shield of the nation". He cited examples such as safeguarding merchant vessels worth $4 billion along the Red Sea route, providing humanitarian assistance, and carrying out rescue operations. The Navy is dedicated to protecting India's national interests, ensuring the safety of seafarers, and being a "Preferred Security Partner" in the Indian Ocean Region.
The Navy Chief urged students to innovate in areas like artificial intelligence, robotics, advanced materials, and cybersecurity, as these are critical to building indigenous capabilities for the future. He also stressed the importance of values such as honesty, courage, humility, and selfless service. The Indian Navy's expanding fleet, enhanced capabilities, and strategic presence enable India to assert its position as a 'net security provider' in the IOR.
