India’s blue economy, anchored on sustainable ocean resource utilisation, contributes around 4 per cent to national GDP and facilitates 95 per cent of trade by volume through maritime routes. High growth sectors such as fisheries, shipping, renewable energy and tourism offer significant potential for economic diversification and job creation.

      Technology integration emerges as a catalyst in enhancing operational efficiency, realtime monitoring and value creation. Strategic initiatives, including the Maritime Amrit Kaal Vision 2047, will help position India as global leader in ocean-based economic development. By embedding climate-smart practices, innovative models and regional partnerships, India can chart a sustainable and inclusive maritime future.


      Opportunities for India’s blue economy:

      • Green aquaculture practices

        Promoting sustainable aquaculture techniques to enhance productivity while preserving marine ecosystems

      • Biotech from the deep blue

        Leveraging rich marine biodiversity to drive innovation in pharmaceuticals, nutraceuticals and industrial biotechnology

      • Seabed mining

        Exploring responsible extraction of deep-sea minerals to support India’s strategic resource security and economic growth

      • Unlocking blue carbon potential

        Harnessing coastal ecosystems like mangroves and seagrasses for carbon sequestration to meet climate resilience

      • Empowering renewables: wind and solar

        Scaling offshore wind and floating solar infrastructure to diversify India’s clean energy portfolio

      • Boost in marine product exports

        Enhancing value-added seafood exports through quality standards, traceability and global market integration


      Navigating India’s blue economy landscape

      Tapping the tide of innovation and transformation

      Explainable AI (XAI) and enterprise quality management systems

      How can KPMG in India help

      An enduring watermark of responsible business

      Supporting jobs, industry growth, and prosperity through improved economic competitiveness, innovative policy and improved investment opportunities

      Collaborating for progress, development, citizen empowerment and upliftment

      Key Contacts

      Namrata Rana

      Partner and National Head for ESG

      KPMG in India

      Mohit Bhasin

      Global Head - Economic Growth, Government and Public Services

      KPMG in India


      Access our latest insights on Apple or Android devices