PM To Inaugurate Global Maritime India Summit 2023 In Mumbai

Prime Minister Shri Narendra Modi will virtually inaugurate the third edition of the Global Maritime India Summit 2023 (GMIS 2023), set to be held from 17th to 19th October at MMRDA Grounds in Mumbai. This prestigious maritime event is organized by the Ministry of Ports, Shipping, and Waterways and promises to be a significant gathering for the global maritime community.

Distinguished Inaugural Session

• The inaugural session will witness the presence of esteemed dignitaries, including Shri Eknath Shinde, Chief Minister of Maharashtra, and Dr. Pramod Sawant, Chief Minister of Goa.
• Furthermore, ministers from 12 countries, such as Armenia, Bangladesh, Belarus, Comoros, Iran, Italy, Sri Lanka, Tanzania, Turkmenistan, Uzbekistan, Spain, and Nepal, will actively participate.
• Additionally, 16 State ministers and Lieutenant Governors from 11 Indian States and Union Territories will grace the occasion.

Key Areas of Focus at GMIS 2023

The summit is designed to tackle various crucial aspects of the maritime sector through an array of sessions and discussions. Topics that will be covered include:

Ports of the Future: Exploring the evolving role of ports and their technological advancements.
Decarbonization: Discussing strategies and technologies for reducing carbon emissions in the maritime industry.
Coastal Shipping & IWT: Highlighting the significance of coastal shipping and inland water transport.
Shipbuilding, Repair, and Recycling: Addressing the latest developments in ship construction, repair, and recycling.
Finance, Insurance & Arbitration: Delving into the financial and legal aspects of the maritime industry.
Maritime Clusters: Examining the concept of maritime clusters and their impact on the industry.
Innovation & Technology: Showcasing innovations and technological advancements in the maritime sector.
Maritime Safety and Security: Discussing measures and strategies to ensure the safety and security of maritime activities.
Maritime Tourism: Exploring the potential of maritime tourism as a growth sector.

‘Amrit Kaal Vision 2047’ – Charting the Course for India’s Maritime Future

• GMIS 2023 provides the ideal platform for unveiling ‘Amrit Kaal Vision 2047,’ a comprehensive 25-year roadmap for India’s maritime blue economy.
• This visionary plan outlines strategic initiatives aimed at enhancing port facilities, promoting sustainable practices, and fostering international collaboration.
• The summit will witness the inauguration of projects worth INR 23,364 crores or the laying of foundation stones, aligning with this ambitious vision.

Tuna Tekra all-weather deep draft terminal

• One of the most prominent projects is the Tuna Tekra all-weather deep draft terminal, which will be constructed at a cost exceeding 4,500 crore rupees at the Deendayal Port Authority in Gujarat.
• This cutting-edge terminal is set to be developed under a Public-Private Partnership (PPP) model and is expected to emerge as a key international trade hub.
• With its capability to handle next-gen vessels exceeding 18,000 twenty-foot equivalent units (TEUs), this terminal will play a pivotal role as a gateway for Indian trade within the India-Middle East-Europe Economic Corridor.

Industry Expertise and Investment Opportunities

• The summit will feature over 81 international speakers from 27 countries alongside more than 100 Indian counterparts, making it a hub of industry expertise.
• With over 3,000 registered delegates, including 31 prominent Global CEOs, GMIS 2023 promises to be a melting pot of ideas and insights.
• On the investment front, the event is poised to see the execution of 316 Memorandums of Understanding (MoUs), totaling more than INR 7.18 lakh crores, with 86 investable projects worth around INR 1.7 lakh crores on display.

Exhaustive Exhibition and Conference Line-up

An extensive exhibition boasting 150 exhibitors, coupled with a comprehensive conference schedule featuring 31 sessions, including technical discussions, state sessions, and international round tables, will provide a deep dive into the future of the maritime industry. GMIS 2023 is set to be a landmark event that promises to shape the maritime policies and strategies, not just for India but for the global maritime community.

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