Shri Sarbananda Sonowal launches Curtain Raiser of Global Maritime India Summit, 2023

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Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal
Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal
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Shri Sarbananda Sonowal launches Curtain Raiser of Global Maritime India Summit, 2023

Investment opportunities worth more than ₹10 lakh crores in India’s maritime sector identified: Shri Sonowal

Explore possibilities to unlock potential in the maritime sector & generate 15 lakh employment opportunities: Shri Sonowal

More than 50 countries to participate in the Global Maritime Summit, 2023

By PIB Delhi

The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 in Mumbai today. The event is aimed at unlocking the potential for new investment opportunities along with collaborations for knowledge and technology to enhance cooperation in trade and promote Ease of Doing Business (EODB). The event was attended by the Union Minister of State for Ports, Shipping & Waterways and Tourism, Shri Shripad Naik among others.

Addressing the Curtain Raiser for the upcoming Global Maritime India Summit 2023, Shri Sonowal emphasised the vital role of the maritime sector in India’s economic progression and the potential it holds for the Asia-Pacific region. “India can lead from the front,” said Sonowal. He added that India’s maritime sector is poised for growth, owing to proactive government policies around, ports, shipping, and inland waterways.

The Minister said, “The huge potential of India’s marine sector can play a significant and pivotal role in elevating the economic cycle towards an Atmanirbhar Bharat by 2047 – a vision of our dynamic Prime Minister Shri Narendra Modi ji. As a key driver of India’s maritime sector, our ministry has been organising the Global Maritime India Summit, to create value from the vast potential of India’s rich maritime sector. With an identified investment opportunity of more than ₹10 lakh crores in the maritime sector of the country, we are standing at a threshold of a major economic upswing that can generate employment opportunities for more than 15 lakhs youth of India. This summit has been designed to explore and examine the riches of India’s Blue Economy. We hope that the best minds of the maritime sector will hedge their goodwill, intent, intelligence, and skills to produce a roadmap for sustainable development of the maritime sector as well as our country.”

Shri Sonowal further added, “We invite all the maritime stakeholders in India and globally to be part of these investment opportunities. Under the visionary leadership of Prime Minister Shri Narendra Modi ji, India is spearheading the advancement of regional trade within the BIMSTEC region, taking a prominent role in the development of various regional projects. India is actively driving the establishment of 5,000 km of multi-country waterways, a significant initiative that will effectively facilitate trade and transportation across the region.”

The curtain raiser event is aimed at creating a global forum of thought leaders as well as industry captains from the maritime sector to harness the immense potential of Blue Economy and draw a roadmap to unlock value through the creation of investment opportunities in the maritime sector of India. The forum will provide a platform for start-ups, researchers, incubators, and innovators to showcase their technology & expertise. The focus areas of GMIS, 2023 are Ports of the Future; Decarbonization; Coastal Shipping & Inland Waterways Transportation; Shipbuilding, repair & recycling; Finance, Insurance & Arbitration; Innovation & technology; Maritime Safety & Security and Maritime Tourism.

The Union Minister said, “India stands firmly on its commitment to developing environmentally conscious shipping solutions. Under the visionary leadership of Prime Minister Shri Narendra Modi ji, India proudly occupies the second rank in recycling worldwide, with a clear objective to ascend to the top position within the forthcoming two decades. To propel this vision, we plan to inaugurate carbon-neutral alternatives and boost the use of battery-powered vehicles and apparatus in our major ports. With a vast coastline and over 200 ports, India holds a strategic position in global trade. The country has made impressive strides under transformative initiatives like Sagarmala and the Prime Minister’s Gati Shakti National Master Plan, which have modernised port infrastructure, enhanced connectivity, and facilitated port-led industrialisation.”

Speaking on occasion, Shri Shripad Naik, said, “The Global Maritime India Summit 2023 represents a crucial milestone in our efforts to position India as a global maritime hub. Through collaborative discussions and strategic partnerships, we aim to propel our maritime sector towards sustainable growth, bolstered by innovation and cutting-edge technology.”

Shri Rajiv Jalota, Chairman, Indian Ports Association & Mumbai Port Authority; Shri Rajesh Kumar Sinha, Additional Secretary, Ministry of Ports, Shipping and Waterways; Shri Bhushan Kumar, Joint Secretary (SM), Ministry of Ports, Shipping and Waterways; Shri Rajesh Tandon, CEO, Foreign Owners Representative, Ship Managers Association; Shri Anil Devli, CEO, Indian National Shipowners Association; Shri Dhruv Kotak, Chairman, Ports & Shipping, FICCI Committee on Transport Infrastructure & MD, JM Baxi Group along with Shri Shailesh Pathak, Secretary General, FICCI also spoke on the occasion.

The curtain raiser concluded with the unveiling of the official GMIS 2023 brochure and the launch of the event’s website and mobile app to provide a comprehensive overview of the summit’s agenda and thematic sessions and will serve as essential resources for participants.

About Global Maritime India Summit (GMIS), 2023:
GMIS 2023 is a premier maritime sector focussed event to bring together pivotal figures from the industry to explore opportunities, understand challenges, and stimulate investment within India’s maritime sector. Building upon the legacy of its preceding editions, this third installment aims to unveil broader prospects for domestic and international maritime stakeholders and investors. Ready to make its presence felt on the global stage, and spotlight India’s maritime industry, the Maritime India Summit has now evolved to the ‘Global’ Maritime India Summit this year. The summit is slated for 17th to 19th October 2023, at Pragati Maidan, New Delhi, with FICCI as the exclusive industry partner.

For more details on the Global Maritime India Summit 2023, including a complete agenda and registration details, please visit the official website at www.maritimeindiasummit.com

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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