Global Maritime India Summit 2023 Underway in Mumbai

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The Prime Minister, Shri Narendra Modi inaugurated the third edition of Global Maritime India Summit 2023 in Mumbai via video conferencing three days ago. The Prime Minister also unveiled ‘Amrit Kaal Vision 2047’, a blueprint for the Indian maritime blue economy. The summit provides an excellent platform for attracting investment in the country’s maritime sector.

Union Minister for Education and Skill Development & Entrepreneurship Mr. Dharmendra Pradhan addressed the special session with seafarers on the second day of the Global Maritime India Summit (GMIS), 2023 organised by the Ministry of Ports, Shipping and Waterways. As one of the biggest maritime summits in the world, it recorded a major investment of ₹2.37 lakh crore on the second day of the three-day summit held in Mumbai.

The Summit’s focus is on key areas of the maritime sector with sessions and discussions around ports of the future; decarbonisation; coastal shipping & IWT; shipbuilding; repair and recycling; finance, insurance & arbitration; maritime clusters; innovation & technology; maritime safety and security; and maritime tourism, among others.

Mr. Pradhan emphasized that this is the first-ever techno-economic summit in which issues of human resource and capacity development are dealt with. He highlighted the decade-long effort of the Government in standardizing maritime training, increasing on-board training, improving examination and certification, and facilitating ease of doing business.

Mr. Pradhan mentioned, equipping seafarers with future skills, standardisation and equivalence of skills and policy support to facilitate engagement of more Indian female seafarers is a priority of the government As many as 70 Memorandum of Understanding (MoUs) were signed in the various industries of the maritime sector such as Port Development and modernisation, green hydrogen & ammonia, port-led development, business & commerce, shipbuilding, knowledge sharing and port connectivity during the day.

While addressing the event, Mr. Pradhan commended the services rendered by the seafarers who support the maritime industry. They are the unsung heroes of the global economy, he commented. He highlighted that they support the global supply chain, are instrumental in facilitating trade, supporting tourism, safeguarding the nation’s water, and contributing to national development.

At the roundtable on Global Economic Corridors, as many as 60 representatives from various countries attended, which included CEOs from 33 international companies and 17 Indian companies. The inaugural session also witnessed 10 ministers from different countries join Union Minister Sarbananda Sonowal, Minister of Ports, Shipping and Waterways, on the dais at the event. Twenty-one ministers from 10 countries participated in various sessions at the GMIS, in 2023.

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