Prime Minister Narendra Modi will inaugurate the 2nd edition of the Maritime India Summit (MIS) on March 2, 2021. The inauguration will be done virtually. This was informed by the Ministry of Ports, Shipping, and Waterways through an official statement.
Key Points
- The main aim of the Summit is to bring India to the forefront of the Global Maritime Sector.
- The signing of the agreements with various entities has already started. So far, Mumbai Port Trust has signed MoUs worth Rs 7,400 crores.
- As per Mumbai Port Trust Chairman, Rajiv Jalota, it is being expected that MoUs worth Rs 20,000 crore will be signed as part of the Maritime India Summit.
- The inaugural session of the MIS will have ministerial-level participation from Russia, Afghanistan, Iran, Uzbekistan, and Armenia.
- The session will feature discussions on ‘Development of Port Infrastructure and Boosting Business through Trade, Promotion, and Regional connectivity’.
- Maritime India Summit 2021 will provide a unique platform that will see the participation of various stakeholders in the maritime sectors like senior government officials, policy planners, domestic and international investors, shipping line owners, sector experts, representatives of major ports from across the world as well as the governments of maritime states in India.
The proposed Summit will also host forums for interaction and collaboration with the Indian and International Ports, Investors, Shipping and Maritime Companies, and other stakeholders.
