PM Modi inaugurates Global Maritime India Summit 2023

by Psu Connect
Date: 17-10-23

The summit provides an excellent platform for attracting investment in the country's maritime sector.

PM Modi inaugurates Global Maritime India Summit 2023

New Delhi: The Prime Minister, Shri Narendra Modi inaugurated the third edition of Global Maritime India Summit 2023 in Mumbai via video conferencing today. The Prime Minister also unveiled ‘Amrit Kaal Vision 2047’, a blueprint for the Indian maritime blue economy.

In line with this futuristic plan, the Prime Minister inaugurated, dedicated to the nation and laid the foundation stone for projects worth more than Rs 23,000 crores that are aligned with the ‘Amrit Kaal Vision 2047’ for the Indian maritime blue economy. The summit provides an excellent platform for attracting investment in the country's maritime sector.

Addressing the gathering, the Prime Minister welcomed everyone to the 3rd edition of the Global Maritime India Summit 2023. He recalled how the entire world was marred by the uncertainties of the Covid pandemic when the Summit took place in 2021, and emphasized that a new world order is taking shape today.

In the changing world order, the Prime Minister underlined that the world is looking towards India with new aspirations. He stated that India’s economy is constantly strengthening in a world dealing with economic crisis, and the day is not far when India will become one of the top 3 economies in the world. Underscoring the role of sea routes in global trade, the Prime Minister emphasized the need for a reliable global supply chain in the post-Corona world.

During the programme, the Prime Minister unveiled 'Amrit Kaal Vision 2047', the long-term blueprint for the Indian maritime blue economy.

The blueprint outlines strategic initiatives aimed at enhancing port facilities, promoting sustainable practices, and facilitating international collaboration. In line with this futuristic plan, the Prime Minister inaugurated, dedicated to the nation and laid the foundation stone of projects worth more than Rs 23,000 crores that are aligned with the 'Amrit Kaal Vision 2047’ for the Indian maritime blue economy.

The Prime Minister laid the foundation stone of Tuna Tekra all-weather deep draft terminal, to be built at a cost of more than Rs 4,500 crores at Deendayal Port Authority in Gujarat.

The summit is the biggest Maritime Event in the country and will witness the participation of Ministers from across the globe representing countries from Europe, Africa, South America, and Asia (including central Asia, Middle East and BIMSTEC region). The summit is also to be attended by Global CEOs, Business leaders, Investors, Officials, and other stakeholders worldwide. Further, several Indian states will also be represented at the summit by the Ministers and other dignitaries.

The first Maritime India summit was held in 2016 in Mumbai while the Second Maritime Summit was held virtually in 2021.