The Caravel Group acquires the International Maritime Institute to enhance training and innovation for future maritime professionals in India.

Information on the Target

The International Maritime Institute (IMI), located in Noida, India, is recognized as the country's premier maritime academy, established in 1991 by a distinguished group of mariners. IMI focuses on comprehensive pre-sea training for aspiring cadets, ensuring they embody the highest standards of integrity, professionalism, and dedication required in the maritime industry. With state-of-the-art training facilities and resources, IMI has built a solid reputation and serves as a critical contributor to the global supply of skilled maritime talent.

By joining The Caravel Group, IMI aims to continue its mission as a beacon of maritime education excellence. The integration will enhance the training offerings for Deck and Engine cadets, supported by a world-class faculty. This acquisition not only seeks to maintain IMI's stellar reputation but also to innovate its curriculum to include specialized courses centered on emerging maritime technologies and sustainability initiatives.

Industry Overview in India

India's maritime industry plays a pivotal role in global shipping, with over 90% of the world’s trade being conducted via sea routes. The country has emerged as a significant supplier of trained seafarers, providing e