PM Inaugurates First-Ever Maritime India Summit
PM Narendra Modi on Thursday inaugurated the first-ever three-day Maritime India Summit 2016 in Mumbai.
Prime Minister Narendra Modi on Thursday inaugurated the first-ever three-day Maritime India Summit (MIS) in Mumbai, aimed at attracting global investors to the huge opportunities in the maritime sector.
Modi said the country has inherited a glorious maritime heritage and is now the government’s endeavour to revive and restore her position of eminence in the global maritime sector.
“Maritime transport can be the most extensive mode of transport. It is also the most eco-friendly mode of transport,” Modi said.
The Prime minister also stressed the importance of maritime security, freedom of navigation, safety and security of sealinks for trade, development and progress.
The MIS will showcase to a global audience sectors like existing port development and modernisation of berths and terminals, Greenfield ports, port-led development under ‘Sagarmala’, shipbuilding, repairs and breaking, coastal shipping, inland water transport, cruises, lighthouse tourism, hinterland connectivity and logistics handling.
Deals worth over Rs 82,000 crore are expected to be signed during the event, in which delegates, CEOs and expats from 41 countries will participate, in which South Korea is a partner.
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