PM Modi to inaugurate 3rd edition of Global Maritime India Summit

PTI, Oct 16, 2023, 2:00 PM IST

Prime Minister Narendra Modi will inaugurate the third edition of the three-day Global Maritime India Summit (GMIS), which will be held in Mumbai, via video-conferencing on Tuesday and unveil “Amrit Kaal Vision 2047”, a long-term blueprint for the Indian maritime economy His office said the blueprint outlines strategic initiatives aimed at enhancing port facilities, promoting sustainable practices, and facilitating international collaboration.  In line with this futuristic plan, the prime minister will inaugurate, dedicate to nation and lay the foundation stone of projects worth more than Rs 23,000 crore, that are aligned with this vision for the Indian maritime blue economy, the statement said.

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

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