During his address, PM Modi said, “We have embarked on the development of National Waterways in keeping with Babasaheb’s vision and foresight.”
Prime Minister Narendra Modi on Thursday inaugurated the first ever Maritime India Summit 2016.
The Maritime Sector in India is going through a phase of rapid transformation and modernization and the Ministry of Shipping is all set to showcase the investment opportunities in the sector at the summit 2016.
The objective of the three-day Maritime India Summit is to attract potential investors to the vast opportunities that the various components of the Maritime Sector have on offer.
It will showcase projects covering sectors like port development and modernization, Greenfield ports, port led development under “Sagarmala”, shipbuilding, ship repair and ship breaking, inland water transportation, coastal shipping, lighthouse tourism and cruise shipping, hinterland connectivity and logistics handling facilities to the potential investors from across the world.
The ministers from Mauritius, South Africa, Sri Lanka, Bangladesh, Madagascar, Sudan and Maldives have also participated in the Summit.