3. Table of Contents
Blue Economy Importance in India
Significance , Contribution in GDP
and Employment Generation
Definition and Background
Government Initiatives
Deep Ocean and Blue Revolution
Challenges
Sustainability and Technology
01 02 03
04 05
Case Studies
Successful and Impact on Local
Communities
06
International Collab
Bilateral Agreements and Global
Best Practices
5. Definition
1. Economic activities associated with the oceans and seas.
2. BE - UN introduced in 2012 at a conference .
3. Gunter Pauli - "The Blue Economy : 10 Years, 100 Innovations, 100
Million Jobs".
4. WBG - Sustainable use of ocean resources for economic growth,
improved livelihoods, and jobs while preserving the health of ocean
ecosystem
6. o It encourages sustainable exploitation, innovation and stewardship
of our ocean and its life-giving 'blue' resources.
o Hiralal Chaudhuri & Arun Krishna – Fathers of Blue Economy in
India
o India's blue economy supports 95% of the country's business
through transportation and contributes an estimated 4% to its
Gross Domestic Product (GDP).
o Sectors of Blue Economy
Concept
7. Aquaculture
Aquaculture, including fish farms
and algaculture, is vital for India's
food security, income generation,
and export opportunities.
Maritime BioTechnology
India's maritime biotechnology sector holds
immense potential for innovation and
economic growth by harnessing marine
resources for various applications.
8. Fishing Desalination
Addressing water scarcity, Indian
desalination projects in coastal
areas contribute to Blue Economy
development and water resource
management.
Sustainable fishing practices,
modernization of the fishing fleet,
and fisheries management strategies
are crucial for long-term viability of
India's fishing industry
9. Maritime Transport
Blue Tourism
Ports and shipping are integral to
India's trade and
commerce,continuous infrastructure
development and technological
advancements are essential for
enhancing efficiency and
sustainability.
Blue Tourism promotes sustainable
tourism practices and community
involvement to balance economic
gains with environmental
preservation in India's diverse
coastal landscapes.
10. Mineral Resources
Sustainable management of
mineral resources from the
seabed is crucial to prevent
environmental degradation,
and government policies and
international collaborations
play a key role in ensuring
responsible mineral extraction
practices.
11. o Subset of the national economy
o It encompasses the entire ocean
resources system and human-made
economic infrastructure within a
country's legal jurisdiction.
o World's seventh-largest country by
land area - India has a vast and diverse
maritime territory.
Importance of BE in India
12. GeoGraphic Location
o Strait of Hormuz and Strait of Malacca makes it a crucial hub
for global trade.
o India has
o 7,500 km of coast line (9/29 )
o 1,382 islands.
o Exclusive Economic Zone of over 2 million square
kilometers.
o 199 ports ( 12 major ports that handle
approximately 1,400 million tons of cargo /
year).
o India has tapped its vast coastline to build ports
and other shipping assets to facilitate trade.
13. Explore offshore wind and
solar energy.
Addressing India's increasing
energy demands.
Expand India's presence in the
shipping industry, enhancing its
capacity as a hub for ship repair
and maintenance.
14. Foster the growth of
these sectors to
contribute to food
security and improve
ocean health.
Aligns with all UN
Sustainable Development
Goals (SDGs), particularly
SDG14 'Life Below Water'.
15. Contribution to GDP
o India's blue economy is a crucial driver of the
country's economy, supporting 95% of its
business and contributing 4% to its GDP.
o
Coastel States - invest in Maritime Clusters
and support Blue Economy development
efforts.
o The Ministry of Earth Sciences is formulating a
blue economy policy to promote sustainable
utilization of marine resources and contribute
to India's economic growth.
16. o India's fishing industry has witnessed a
remarkable growth of 10.87% since 2014-15,
achieving a record fish production of 161.87 lakh
tons in 2021-22.
o India's blue economy, with coastal shipping’s
modal share projected to reach 33% by 2035. The
Indian Ocean's importance to India's economic
growth is expected to increase dramatically by
2025.
o India's G20 Presidency marks a critical juncture
for the Blue Economy, with its distinct connotation
for the global south, positioning India at the triad's
center to emphasize its significance.
18. o Employment in the sector has grown
faster than the world’s population.
o Small-scale fisheries (marine and inland)
employ about 90% of those involved in
fisheries.
o Globally, the market value of marine and
coastal resources and industries is
estimated at $3 trillion per year or about
5% of global GDP.
19. Challenges and Opportunities
o Environmental Sustainability.
o Overfishing and Resource Depletion.
o Technology and Innovation
21. 2. Overfishing and Resource Depletion:
• Addressing the threat of overfishing and depletion of marine resources
through sustainable practices.
22. 3. Technology and Innovation:
Harnessing technological advancements for sustainable resource management
and exploration
23.
24.
25. Case Studies
o The Aquaculture Revolution in Andhra Pradesh.
o The Seaweed Cultivation Project in Tamil Nadu.
o The Coastal Tourism Initiative in Kerala.
26. Government Support:
o Subsidies, infrastructure, and technical
assistance.Key role in promoting aquaculture
development.Adoption of New Technologies
o High-yielding fish varieties and improved feed
formulations.Leadership in adopting innovative
aquaculture technologies.Strong Market
Linkages.
o Aquaculture product exports to 150+
countries.Development of robust market
connections.
1.The Aquaculture Revolution in Andhra Pradesh
27. 2.The Seaweed Cultivation Project in Tamil Nadu.
o Launched in 2010, the Seaweed Cultivation Project
promotes the cultivation of seaweed, a versatile marine
plant with various uses.
o The project has successfully increased seaweed
production in Tamil Nadu, generating employment
opportunities for locals.
o The project has positively impacted local economies by
providing income sources, improving nutrition, and
enhancing environmental well-being.
o The Seaweed Cultivation Project exemplifies how the blue
economy can drive sustainable development, balancing
economic growth and environmental protection.
28. 3. The Coastal Tourism Initiative in Kerala.
o The Coastal Tourism Initiative in Kerala was launched in
2015 to promote ecotourism in coastal areas.
o The initiative has successfully developed new ecotourism
products and services, empowering local communities
through tourism and hospitality training.
o The initiative has positively impacted local economies by
creating jobs, increasing revenue for local businesses,
and raising awareness of coastal environmental
conservation.
o The Coastal Tourism Initiative demonstrates the blue
economy's potential to foster sustainable development,
harmonizing economic growth with environmental
protection.
30. Bilateral Agreements
o International Collaboration in Blue Economy:
Nations working together.
Focus on sustainable use and conservation of
marine resources
o Bilateral Agreements:
Formal pacts between two countries
Outlining shared goals.
Areas include fisheries management, marine
conservation, and research
31. Global Best Practices
o Global Best Practices for Sustainable Oceans:
Established and effective methods worldwide
Aimed at managing oceans and coastal areas
sustainably
o Implementation by Collaborating Nations:
Adoption of recognized practices
Ensuring responsible and beneficial use of
marine resources
o Outcomes:
Fosters environmental conservationDrives
economic development
