India Blue Economy: challenges and opportunities
Abstract
The concept of the blue economy has emerged as a pivotal framework integrating economic growth, environmental sustainability, and maritime security. Since Narendra Modi assumed office in 2014, India has actively leveraged the blue economy to strengthen its strategic position in the Indo-Pacific, reflecting a shift from a traditional maritime economy to a comprehensive geopolitical tool. This paper examines how India’s blue economy policies evolved under Modi’s leadership, emphasizing key initiatives such as SAGAR and the Sagarmala Program. These initiatives underscore India’s ambition to not only harness marine resources for economic growth but also to enhance regional stability and maritime governance. Despite its strategic importance, the development of the blue economy faces significant challenges, including marine pollution, overfishing, climate change, and infrastructure deficiencies. Moreover, geopolitical tensions, particularly with China, complicate regional cooperation, requiring India to balance economic aspirations with security concerns. India’s multilateral engagements—notably through the Quad, ASEAN, and BIMSTEC—demonstrate its commitment to safeguarding maritime trade routes, fostering sustainable marine resource management, and addressing security threats such as piracy and illegal fishing. This study employs a qualitative content analysis of official policy documents, international agreements, and academic literature to assess India's strategic use of the blue economy as a regional and global policy instrument. The findings suggest that while India has made considerable progress in advancing its maritime economy, future success will depend on enhanced regulatory frameworks, technological innovation, regional cooperation, and climate resilience measures. By adopting a holistic and sustainable approach, India can solidify its role as a leading maritime power in the Indo-Pacific, contributing to both economic prosperity and geopolitical stability.
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