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West Bengal Targets $192 Billion Maritime Economy as State Unveils Vision 2047 Roadmap

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June 6, 2026 • 0 Comments
West Bengal Targets $192 Billion Maritime Economy as State Unveils Vision 2047 Roadmap
West Bengal Targets $192 Billion Maritime Economy as State Unveils Vision 2047 Roadmap

West Bengal is positioning itself to become a major maritime and logistics gateway in eastern India, with plans to develop a maritime economy valued at nearly $192 billion by 2047 through large-scale investments in ports, inland waterways, shipbuilding, logistics infrastructure and industrial development.

The roadmap, aligned with India's Maritime Amrit Kaal Vision 2047, was discussed during a meeting between Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal and West Bengal Chief Minister Suvendu Adhikari in Kolkata. The Centre has proposed a maritime investment pipeline worth ₹19,209 crore for the state by 2031, aimed at strengthening port-led economic growth and improving regional connectivity. 

The proposed projects are expected to generate more than 62,500 direct and indirect jobs while enhancing West Bengal's role in India's maritime trade network. Key initiatives include expansion and modernisation of port infrastructure, development of multimodal logistics facilities, improvements in inland water transport, shipbuilding and ship-repair capabilities, and the creation of industrial clusters linked to ports.

Among the flagship projects under consideration is the Balagarh Multimodal Logistics Hub, which is expected to improve cargo movement across rail, road and waterways. The plan also includes upgrades at Kolkata and Haldia docks, riverfront development projects, cruise tourism infrastructure and investments aimed at strengthening the state's coastal and riverine transport ecosystem.

The initiative forms part of a broader national strategy to expand India's maritime capabilities and reduce logistics costs through greater use of ports and inland waterways. The maritime sector currently handles the majority of India's trade by volume, making port infrastructure and shipping services critical to the country's economic growth and supply chain resilience. 

Government officials believe West Bengal's strategic location, access to the Bay of Bengal and established port infrastructure provide a strong foundation for future growth. Cargo volumes at Syama Prasad Mookerjee Port have continued to rise, while inland waterway cargo movement in the region has expanded significantly over the past decade, creating opportunities for further investment in maritime logistics. 

The proposed development programme seeks to position Kolkata and Haldia as key maritime gateways for eastern and northeastern India, supporting trade, manufacturing and supply chain activities while strengthening the state's role in regional and international commerce. If implemented as planned, the investments could become one of the largest maritime development programmes undertaken in eastern India under the Vision 2047 framework. 

Follow CARGOCONNECT for more such updates. 

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