Prime Minister Narendra Modi today inaugurated ‘Maritime India Summit 2021’ through video conferencing.
Speaking on the occasion, the Prime Minister invited the world to come to India and be a part of India’s growth trajectory. India is very serious about growing in the maritime sector and emerging as a leading Blue Economy of the world.
The Prime Minister asserted that “Ours is a Government that is investing in waterways in a way that was never seen before. Domestic waterways are found to be cost effective and environment friendly ways of transporting freight. We aim to operationalise 23 waterways by 2030.”
The Prime Minister said that the Government has recently widened the ambit of the maritime sector by renaming the Ministry of Shipping as Ministry of Ports, Shipping and Waterways so that work happens in a holistic manner.
The Prime Minister informed that the Ministry of Port Shipping and Waterways has created a list of 400 investable projects. These projects have an investment potential of $ 31 billion or Rs 2.25 lakh crores.
The Prime Minister concluded with exhortation to the global investors “India’s long coastline awaits you. India’s hardworking people await you. Invest in our ports. Invest in our people. Let India be your preferred trade destination. Let Indian ports be your port of call for trade and commerce.”