Blue Economy
Development of Blue Economy for National Growth
Dr. P Sekhar
Chairman, Unleashing India, Global Smart City Panel, MTGF
Development of Blue Economy for National Growth
“The blue economy is envisaged as the integration of a water-based economy including inland water bodies and Ocean Economy development with the principles of social inclusion, environmental sustainability and innovative, dynamic business models.”
The development of the blue economy holds immense promise for the Indian Exclusive Economic Zone (EEZ). The Indian Ocean is the world’s preeminent seaway for trade and commerce. It is also endowed with a wealth of natural resources, which are, as yet, largely untapped. The development of the blue economy in the Indian Ocean region is expected to yield a number of benefits for India.
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Dr. P Sekhar
Chairman, Unleashing India, Global Smart City Panel, MTGF