PM Modi to inaugurate first Maritime India Summit

Prime Minister Narendra Modi is set to inaugurate the country's first-ever three-day Maritime India Summit (MIS) here on Thursday, aimed to attract potential global investors for huge opportunities in the maritime sector.

Earlier in the day, Modi inaugurated an exhibition on the maritime sector at Ship Museum in Goregaon, showcasing the glorious past in the field and its future potential, ahead of the MIS.

"On this special day, will attend programmes across India. First heading to Mumbai for the Maritime India Summit. Maritime India Summit brings together many nations and will be a game changer in the development of our ports and coastal infrastructure," Modi tweeted.

The MIS will showcase to a global audience sectors like existing port development and modernisation of berths and terminals, Greenfield ports, port-led development under 'Sagarmala', shipbuilding, repairs and breaking, coastal shipping, inland water transport, cruises, lighthouse tourism, hinterland connectivity and logistics handling.

Deals worth over Rs. 80,000 crore are expected to be signed during the event in which delegates, CEOs and experts from 41 countries will participate.