India, Oct. 15 -- Union minister for ports, shipping and waterways Sarbananda Sonowal on Tuesday said that India is targeting global leadership in the maritime sector by 2047 with planned investments worth Rs.80 lakh crore and creation of 15 million jobs.

"In the next five years, we are looking to be part of the list of top 10 ship-building nations, and by 2047, among the top five ship-building nations. To achieve this, we are expecting an investment of Rs.80,000 lakh crore in the next 25 years," Sonowal told reporters in Mumbai, while reviewing preparations for the India Maritime Week (IMW) 2025, scheduled from October 27-31.

Sonowal also held a meeting with chief minister Devendra Fadnavis on Tuesday, following which Fadnavis urged th...