The Covid pandemic has pushed India to rethink its supply chains, making it important for its ports and shipping industry to adapt to the China strategy. The upcoming "Global Ports & Shipping Summit" on September 26, 2024, will focus on how to achieve the goals of the Maritime Amrit Kaal Vision 2047, which aims to build a world-class ports and shipping industry. India’s shipping sector still relies heavily on foreign ships, even though it has grown significantly. The new vision plans to increase the number of Indian ships and strengthen the national fleet for better energy security and strategic benefits. With an investment target of Rs 80,000 lakh Crore, financing will be crucial. The summit will explore options like using pension funds for ship financing and relaxing rules on ship leasing by insurance companies. The summit will also review the Sagarmala initiative, which aims to boost port-led industrialization and coastal community development, and discuss ways to improve shipbuilding and research in India. The recent approval for the Vadhavan Port development is a key step, but balancing growth with environmental concerns will be essential for India to achieve its 2047 vision.