NIOT developing deep-sea mining system: Venkaiah Naidu
Vice President M Venkaiah Naidu said that the National Institute of Ocean Technology (NIOT) is working on almost all aspects of the six priority pillars of Blue Economy
Vice President M Venkaiah Naidu said that the National Institute of Ocean Technology (NIOT) is developing a deep-sea mining system to meet the nation's growing mineral needs.
Speaking at NIOT's celebrations, Naidu said that he has been informed that NIOT is working towards developing a deep-sea mining system and other technologies for harnessing resources from the ocean to meet India's growing mineral needs and increase self-sufficiency in the near future.
"The development of technologies for the sustainable harvesting of living and non-living resources of the ocean is in line with the Blue Economy policy of the government of India and will empower the nation to be a leader in oceans, just like in space technology," he said.
Naidu said that NIOT is working on almost all aspects of the six priority pillars of Blue Economy -- fisheries and aquaculture; renewable ocean energy; seaports and shipping; offshore hydrocarbons and seabed minerals; marine biotechnology, research; and development and tourism.
According to Naidu, Blue Economy also includes intangible economic benefits which may not be marketed, such as carbon sequestration, coastal protection, cultural values and biodiversity.
He said that NIOT's research includes detailed engineering for creation of sustainable coastal and offshore infrastructure, ocean data collection capability, marine biogeochemistry, marine pollution, oceanography, marine ecology, marine drugs and mariculture technologies.
Citing Niti Aayog which said oceans will become the new centres of economic activity in this era of advanced technology, Naidu said that emerging industries, such as aquaculture, marine biotechnology, ocean energy and sea-bed mining, have the potential to create jobs and spur worldwide economic growth.