A Knowledge Paper on ‘Blue Economy Vision 2025: Harnessing Business Potential for India Inc and International Partners’ was published in April 2017 by FICCI (Federation of Indian Chambers of Commerce and Industry). According to the organization's President, Mr. Pankaj R. Patel, ‘Blue Economy Vision 2025’ is a master document that synthesizes the knowledge and insights of India's academia and policy community with the perspective of Indian industry into one easy-to-read, comprehensive and authoritative document. ‘Blue Economy Vision 2025’ is a pioneering effort by FICCI to sensitise India Inc about the growing global and regional emphasis on sustainability of harnessing the ocean resources. It makes a convincing argument that the oceans, with a current estimated asset value of US$ 24 trillion and an annual value addition of US$ 2.5 trillion, would continue to offer significant economic benefits both in the traditional areas of fisheries, transport, tourism and hydrocarbons as well as in the new fields of deep-sea mining, renewable energy, ocean biotechnology and many more, only if sustainable practices are integrated into Indian business models.

Read the report here