India’s first International Maritime Cluster to come up at GIFT City

Gujarat Maritime Board (GMB) will set up the country’s first international maritime services cluster at GIFT City. The maritime cluster will be developed as a dedicated ecosystem comprising ports, shipping, logistics services providers and government regulators, all present in the same geographic vicinity — GIFT City. GIFT City is India’s first operational smart city and international financial services.

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About the cluster:

  • This will be a first-of-its-kind commercial maritime services cluster in India, which has been conceptualised to enhance the competitiveness and self-sufficiency of India in the maritime sector and provide a one-stop solution for the entire maritime fraternity.
  • The cluster looks to host maritime industry players including regulators, government agencies, maritime/shipping industry associations and businesses, intermediate service providers, such as shipping finance, marine insurance, maritime arbitrators, maritime law firms, among others, and support services providers, such as maritime education institutes.

Important takeaways for all competitive exams:

  • Gujarat Chief Minister: Vijay Rupani;
  • Gujarat Governor: Acharya Devvrat.

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