**Summary:**
On July 25, 2025, the Ministry of Earth Sciences (MoES), Government of India, convened a national-level Brainstorming Workshop on Blue Economy Investments in collaboration with its Strategic Knowledge Partner in India. Chaired by Dr. M. Ravichandran, Secretary, MoES, the workshop brought together stakeholders from government, the private sector, academia, and financial institutions to explore opportunities and address challenges within the blue economy. Discussions centered on Trade and Investments, Startups and Innovation, and Ease of Doing Business, with a focus on identifying investable business opportunities. Participants shared international experiences and developed recommendations to align the blue economy with India's business reform agenda, pinpointing priority investment areas and scalable projects. During the workshop, Dr. Ravichandran released a white paper, "Ocean of Opportunities: Trade, Investments, and Startups in the Blue Economy," emphasizing the need for enhanced access to capital, innovative financing, and enabling regulations. The white paper highlighted the importance of creating investor-ready projects, improving state-level readiness, fostering new technologies, and exploring blended finance. The workshop outcomes are intended to inform the National Blue Economy Investment Strategy and future implementation roadmaps. The event took place at Prithvi Bhawan, Lodhi Road, New Delhi.
Key Entities Referenced
Ministry of Earth Sciences: The Indian government ministry hosting the Brainstorming Workshop on Blue Economy Investments.
Blue Economy Investments: The focus of the Brainstorming Workshop, related to investments in the ocean-based economy.
Dr. M. Ravichandran: Secretary of the Ministry of Earth Sciences (MoES), who chaired the workshop.
Prithvi Bhawan, Lodhi Road, New Delhi: The location of the Brainstorming Workshop in New Delhi, Delhi.
Government of India: The governing authority of India, under which the Ministry of Earth Sciences operates.
Ocean of Opportunities: Trade, Investments, and Startups in the Blue Economy: A white paper released during the workshop, focusing on trade, investments, and startups within the blue economy.
National Blue Economy Investment Strategy: A future strategy expected to be influenced by the outcomes of the Brainstorming Workshop.
Strategic Knowledge Partner: Collaborator with the Ministry of Earth Sciences (MoES) in hosting the Brainstorming Workshop on Blue Economy Investments.
Ministry of Earth Sciences
The Ministry of Earth Sciences hosts Brainstorming
Workshop on Blue Economy Investments
Posted On: 25 JUL 2025 6:35PM by PIB Delhi
The Ministry of Earth Sciences (MoES), Government of India, in collaboration hosted a national-level
Brainstorming Workshop on Blue Economy Investments with its Strategic Knowledge Partner in India on
Friday, July 25, 2025, at Prithvi Bhawan, Lodhi Road, New Delhi. The event was chaired by Dr. M.
Ravichandran, Secretary, MoES, and attended by stakeholders from the government, private sector, academia,
and financial institutions. The workshop aimed to promote a better understanding of three thematic domains,
i.e., Trade and Investments, Startups and Innovation, and Ease of Doing Business.
Panellists and attendees deliberated on the challenges faced by various stakeholders and collaborated to co-
create multifaceted solutions, identifying and mapping investible, bankable business opportunities with the
potential to unlock long-term value from the blue economy. Participants also shared their international
experiences leveraging the blue economy for economic growth in the areas of FDI, exports, employment, etc.
These deliberations precipitated results-oriented recommendations to align the blue economy with India’s
business reform agenda, identifying priority investment areas and scalable projects, and financial de-risking
tools.
While releasing a white paper titled “Ocean of Opportunities: Trade, Investments, and Start-ups in the Blue
Economy,” Dr. M. Ravichandran discussed the need to evolve India’s blue economy into a growth multiplier.
To this end, he exhorted dedicated efforts to enhance access to capital, innovative financing, and enabling
regulation in order to bolster the sector. In furtherance of these objectives, the report underscores the need to
create investor-ready projects, improve state-level readiness, and explore blended finance while fostering new
technologies, incubation ecosystems, and marine sustainability solutions.
The outcomes of the deliberations at the event are expected to influence the National Blue Economy
Investment Strategy and inform future roadmaps for Blue Economy implementation.
Dr M Ravichandran, Secretary, MoES, chairing the national-level Brainstorming Workshop on Blue Economy
Investments, in New Delhi (left) with participants from various stakeholders from the government, private
sector, academia, and financial institutions (right).
*****
NKR/PSM(Release ID: 2148534)