PM Modi to dedicate more than 300 MoUs in Maritime sector

New Delhi: Prime Minister Shri Narendra Modi is going to inaugurate the third edition of the Global Maritime India Summit (GMIS) 2023 on 17th October 2023 at around 10:30 AM via video conferencing. The summit will be held from 17th to 19th October at MMRDA Grounds in Mumbai.

Prime Minister will inaugurate, dedicate to the nation, and lay the foundation stone of projects worth more than Rs 23,000 crore, that are aligned with the 'Amrit Kaal Vision 2047’ for the Indian maritime blue economy.

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Prime Minister will lay the foundation stone of Tuna Tekra all-weather deep draft terminal, to be built at a cost of more than Rs. 4,500 crore at Deendayal Port Authority in Gujarat. This state-of-the-art greenfield terminal will be developed in PPP mode. 

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The terminal, which is likely to emerge as an international trade hub, will handle next-gen vessels exceeding 18,000 twenty-foot equivalent units (TEUs), and will act as a gateway for Indian trade via  India-Middle East-Europe Economic Corridor (IMEEC). 

Prime Minister will also dedicate more than 300 Memorandums of Understanding (MoUs) worth more than 7 lakh crore for global and national partnership in the maritime sector, during the programme.

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