"The ocean and its resources are increasingly seen as indispensable in addressing multiple challenges the planet is facing in decades to come. By 2050 enough food, jobs, energy, raw materials and economic growth will be required to sustain a world population of nine billion people," the minister said, adding that oceans have a huge potential to help meet these requirements.
He was speaking at the Foundation Day function of the National Institute of Oceanography (NIO) here.
He said emerging ocean-based industries include off-shore field, tidal and wave energy, offshore extraction of oil and gas in deep sea to name a few.
"Therefore, I urge you all to see urgency in our situation. We must move fast to grab India's legitimate share in the emerging ocean-based industries, which also include sea bed mining for metals and minerals, marine aquaculture, marine biotechnology, ocean-related tourism and leisure activities and most importantly, ocean monitoring, control and surveillance," the minister said.
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