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Big maritime summit in March to showcase investment opportunities

By IndianMandarins- 23 Feb 2021
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February 22, 2021: PM Narendra Modi will inaugurate virtually the ‘Maritime India Summit 2021’, the flagship initiative of the Minister of State for Ports, Shipping & Waterways (MoPSW), to be held from March 2 to 4. The summit is being organized to explore the potential business opportunities in the Indian Maritime sector and how to take advantage of these opportunities for building an Aatmanirbhar Bharat by promoting domestic and international investments in Indian ports and related spheres.

On this occasion, the PM will release also release the ‘Maritime India Vision 2030’’, followed by the launch of Sagarmala - Sagartat Samridhi Yojana, Arth Ganga Programme, and National Logistic Portal (Marine) Project. He will also release the “Compendium of Investible Projects” and launch a scheme for the promotion of the Flagging of Merchant Ships in India.

The inauguration by the PM will be followed by a welcome address by MoS for Ports, Shipping, and Waterways Mansukh Mandaviya.

JNPT Chairman Sanjay Sethi, IAS, will speak at the Plenary Session 1 whose theme will be Developing World Class Ports.

Sethi told Indianmandarins that "the summit is going to provide a powerful platform for international collaboration and bring in partner countries for mutual exchange of knowledge and opportunities.”

For the summit, the Ministry has roped in FICCI as Industrial Partner and EY as Knowledge Partner and will have 24 partner countries as participants and will showcase more than 400 projects. The event will be attended by various stakeholders in the maritime sectors such as Policy Planners, Senior Government Officials, Domestic and International Investors, Sector Experts, Shipping Line Owners, Representatives of Major Ports from across the world as well as the Governments of Maritime States in India. The Proposed Summit will also host forums for interaction and collaboration with the Indian and International Ports, Shipping and Maritime Companies, Investors, and other stakeholders.

The Summit will host forums to foster interaction between stakeholders through B2B and G2B meeting and have special sessions to showcase exciting investment opportunities in the following areas: Port Modernisation And New Port Development; Ship Building, Ship Repair And Ship Recycling Sector; Inland Waterways – Leveraging A Unique Mode Of Transport In India; Coastal Shipping, Hinterland Connectivity & Multi-Modal Logistics; International Shipping And Bulk Cargo Transportation; Port-Led Industrialisation - Building Port Cities And Maritime Clusters; Renewable Energy In Ports; Maritime Skill Development; Maritime Financing & Insurance.

The Summit will showcase the vast investment opportunities in each of the Indian maritime states and union territories. The summit will give direction to the ports and logistics sector to flourish hence, systematic planning, integration and development of smart, efficient and inter-linked transport network will help in playing a vital role to reap great benefits that will help the country and in making “Make in India” a success.

To ensure preparedness and brief the key stakeholders, Sethi conducted a virtual rehearsal meeting at 1630 hrs on Monday.

For further information and registration, kindly access the MIS-20021 website www.maritimeindiasummit.in 

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