India’s New Blue Economy: Vision, Strategy & Global Leadership

Syllabus: Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

India’s Early Ocean Leadership

  • During UNCLOS negotiations, India supported vulnerable island nations advocating seabed resources as the common heritage of mankind.
  • This reflected India’s fairness-based diplomacy, aligning with small states despite its size.
  • Nehru recognised oceans as central to India’s future security and prosperity.
  • Ocean pressures today—warming, acidification, sea-level rise, and IUU fishing—far exceed earlier expectations.
  • The Indian Ocean hosts one-third of humanity, making climate vulnerability more severe.

Need for a Blue Ocean Strategy

  • Stewardship
    • India must promote the Indian Ocean as a shared and cooperative space.
    • Priorities include ecosystem restoration, biodiversity protection, and sustainable fisheries.
    • Cooperative governance can discourage competitive exploitation of marine resources.
  • Resilience
    • Intensifying climate impacts demand adaptation and preparedness-based frameworks.
    • India can establish a Regional Resilience and Ocean Innovation Hub to enhance warning systems and observation networks.
    • Such initiatives should support small island states and African coastal nations.
  • Inclusive Growth
    • The Ocean must drive equitable prosperity for all littoral states.
    • Growth areas include green shipping, offshore renewables, sustainable aquaculture, and marine biotechnology.
    • Realisation requires regional coordination and sustained investment.

Global Financing Momentum

  • BEFF 2025 showcased a €25 billion pipeline and €8.7 billion new commitments for ocean initiatives.
  • The Finance in Common Ocean Coalition pledged $7.5 billion annually.
  • COP30’s One Ocean Partnership aims to mobilise $20 billion by 2030.
  • India can channel these flows through an Indian Ocean Blue Fund to convert pledges into projects.

Security Through Sustainability

  • Maritime insecurity often begins with ecosystem collapse and climate disruptions, not military rivalry.
  • Issues like IUU fishing (Illegal, Unreported, and Unregulated fishing), coral decline, and storm surges disrupt livelihoods and stability.
  • SAGAR doctrine emphasises a region of peace, stability, and shared prosperity.
  • Navy and Coast Guard cooperation can align security aims with environmental stewardship.
  • India must project a narrative of responsibility and cooperative leadership.

India’s Emerging Global Responsibility

  • Indira Gandhi warned against environmental and human impoverishment, reinforcing sustainable development.
  • COP30, G-20, UNOC3, and BBNJ outcomes signal a transformative global ocean governance phase.
  • India’s readiness to ratify BBNJ provides scope to pioneer blue bonds, green shipping corridors, and inclusive technology transfer.
  • This agenda strengthens India’s role in the Indian Ocean Rim Association.

Conclusion

  • India’s ocean diplomacy legacy gives it credibility, while current challenges impose responsibility.
  • The Indian Ocean can become a cradle of a sustainable blue economy, balancing prosperity with resilience.
  • India must now convert ambition into finance, partnerships, and sustained action to lead meaningfully.

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