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Maritime Amrit Kaal Vision 2047 Aims ₹4.5 Lakh Cr Investment, 4.5 Mn GT Capacity to Make India Top 5 Shipbuilder

Target:MPSCUPSC GS-IIISSC GATeachingPrelims HighMains MediumStatic GK Link
23 May 2026
~2 min
Source: The Hindu
Key Data:Job Multiplier 6.4Target: Top 5 by 2047Capacity: 4.5 million GTInvestment: ₹4.5 lakh croreCabinet Package: ₹69,725 croreProjected Jobs: 30 lakh
Bodies:Mazagon Dock Shipbuilders Limited (MDL)Union Cabinet
Practice MCQs from today's news ▸
What This Article Covers

1.The Maritime Amrit Kaal Vision 2047 targets making India a top-five global shipbuilding nation by 2047 with an annual capacity of 4.5 million gross tonnage and ₹4.5 lakh crore investment.

2.For every direct job at Mazagon Dock Shipbuilders Limited, 6.4 jobs are generated across ancillary industries, as cited using the Project 17A frigate example.

3.A Union Cabinet package of ₹69,725 crore from September 2025, comprising four schemes, forms the financial base for this vision, projecting 30 lakh jobs by 2047.

The Big Picture
Prelims · HighMains · Medium

India's Maritime Amrit Kaal Vision 2047 targets making India a top-five global shipbuilder with massive investment and job creation. This news is crucial for understanding the government's push in capital-intensive strategic sectors and the associated employment multiplier effect, a key theme for GS-III (Economy & Infrastructure).

Exam Lens

Quick Exam Facts From News

Job Multiplier1 direct job creates 6.4 jobs
Target Year2047
Target RankTop 5 shipbuilding nations
Target Capacity4.5 million gross tonnage annually
Expected Investment₹4.5 lakh crore
Projected Jobs by 204730 lakh
Union Cabinet Package (Sep 2025)₹69,725 crore

1-Minute Revision

  • ›Job Multiplier: 1 direct job creates 6.4 jobs
  • ›Target Year: 2047
  • ›Target this Data: The exact job multiplier ratio of 6.4 and the total Cabinet package of ₹69,725 crore.
  • ›Target this Nodal Body: Mazagon Dock Shipbuilders Limited (MDL) as the central PSU and the Union Cabinet for the approval.
  • ›Target this Policy: The 'Maritime Amrit Kaal Vision 2047' and its twin targets of 4.5 million GT capacity and top-5 global ranking.

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Q1Static LinkageMedium

Mazagon Dock Shipbuilders Limited (MDL), cited in the news for its job multiplier effect, operates under which administrative ministry?

Q2Statement-basedHard

Consider the following statements regarding the Maritime Amrit Kaal Vision 2047:

1. It aims to place India among the top five shipbuilding nations by 2047.

2. The vision includes a target to achieve an annual shipbuilding capacity of 4.5 million deadweight tonnage (DWT).

3. A Union Cabinet package of ₹69,725 crore approved in 2025 provides financial assistance for this vision.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to Captain Jagmohan's statement at the Maharashtra Infrastructure Conclave, how many jobs in ancillary industries are supported by the 4,500 workers at MDL working on Project 17A frigate?

Q4Application/ImpactMedium

What is the primary strategic objective behind the Indian government's push for the Maritime Amrit Kaal Vision 2047, as indicated in the news?

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