Maritime India Summit

More than 80 critical issues resolved during 20th MSDC meet in Goa

More than 80 critical issues between the Centre, states and Union Territories were resolved during the 20th Maritime State Development Council (MSDC) that concluded in Goa on Friday. As per an official release, the two-day event saw the resolution of critical issues focused on port infrastructure modernisation, connectivity, statutory compliances, maritime tourism, navigation projects, sustainability, and port security. During the 20th MSDC, more than 100 issues from various states were deliberated and successfully resolved, it said. "Several new and emerging challenges were also addressed, including the establishment of places of refuge (PoR) for ships in distress, the development of radioactive detection equipment (RDE) infrastructure at ports to enhance security, and the facilitation of seafarers by recognising them as key essential workers, ensuring better working conditions and access to shore leave," the statement added. Union Minister of Port Shipping and Waterways Sarbanand

Cabinet nod for Rs 76K-crore Vadhavan Port soon: Sarbananda Sonowal

The estimate of Rs 76,220 crore is Rs 11,000 crore more than the previously approved amount by the cabinet. The project had been stuck in environmental regulations for the past two years

Global maritime summit attracts investments worth Rs 2.37 trn on day-2

The Global Maritime India Summit (GMIS) has attracted investment proposals worth of Rs 2.37 lakh crore on second day of the three-day event with the signing of as many as 70 initial pacts, according to a release. These Memorandum of Understanding (MoU) were signed in the areas of port development and modernisation, green hydrogen and ammonia, port-led development, business and commerce, shipbuilding, knowledge sharing and port connectivity in the presence of the Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal, and others. "The Global Maritime India Summit, 2023 has ushered a new age in sustainable development of the country with a record number of 70 MoUs with an investment of Rs 2.37 lakh crore. "The maritime sector is playing an instrumental role, as it has paved the way for India to set sail towards Green Sustainability Transportation," Sonowal said. Sonowal also held Ministerial level bilateral meetings with Ministers from Italy, Tanzania and Sri Lanka.

34 pacts worth Rs 3.24 trn signed on Day 1 of Global Maritime India Summit

As many 34 agreements worth Rs 3.24 lakh crore were signed on the first day of the three-day Global Maritime India Summit, which was addressed by Prime Minister Narendra Modi through video conferencing. The signing of these pacts underlined the commitment of various stakeholders to transform India into a maritime powerhouse, the shipping ministry said. Besides Modi and Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal, the summit was also attended by Maharashtra Governor Ramesh Bais, Maharashtra Chief Minister Eknath Shinde, the two ministers of state in the Ministry of Ports, Shipping and Waterways (MoPSW) -- Sripad Naik and Shantanu Thakur, officials from the MoPSW, and other stakeholders. "Our prime minister's vision for transformation for transportation has seen radical growth in the coastal and inland waterways," Sonowal said in his speech. "Embarking on a transformative journey towards a brighter maritime future. The rise of 'smart ports' will revolutionize

Rs 80 trillion by 2047: PM Modi's blueprint for improving maritime infra

Amrit Kaal vision for blue economy needed for new world order, says Prime Minister

Global Maritime Summit: VPA inks deals with NHAI, Trion worth Rs 1,400 cr

The Visakhapatnam Port Authority (VPA) on Tuesday entered into agreements with the National Highways Authority of India (NHAI) and Trion Properties to execute projects worth Rs 1,400 crore. The port authority inked these deals at the ongoing Global Maritime India Summit, 2023 in Mumbai. VPA exchanged a memorandum of understanding (MoU) with NHAI. As Part of this MoU, NHAI will develop the existing four-lane road into a six-lane one from convent junction to Sheela Nagar. For this, VPA is spending nearly Rs 500 crore, the port authority said in a press release. Similarly, VPA signed an agreement with Trion Properties to develop convention centres, IT office towers and hospitality facilities at an outlay of Rs 900 crore. Further, the port authority has signed a deal with the Indian Navy to develop more facilities in the outer harbour. VPA has set up a stall at the Global Maritime India Summit, 2023.

Global Maritime India Summit 2023: Check date, venue, discussions and more

PM Modi inaugurated the Global Maritime India Summit 2023, which is scheduled to take place from October 17 to 19, 2023. The two-day event will be held at MMRDA Grounds in BKC, Mumbai

Rs 10 trn investment, over 300 MoUs on cards during Maritime Summit

Sonowal said that this is the 3rd edition of the Global Maritime India Summit 2023 before this it was also organized in 2016 and 2021

India, EU discuss ways to sustain secure maritime environment in Brussels

India and the EU explored avenues to strengthen their shared efforts in areas such as countering illicit maritime activities (IMA), maritime law enforcement and capability building

India still a long way from utilising its waterways trade potential

Just 2% of country's cargo transported via navigable waterways; Vietnam at 18% & China 14%

LIVE: 'Gujarat is with BJP's agenda,' says Modi on winning local body polls

Stay tuned for Latest LIVE news

Govt aims to operationalise 23 waterways by 2030: Modi at Maritime Summit

While observing that capacity of major Indian ports increased to 1550 mn tn annually now from 870 mn tonnes per annum in 2014, P Modi said that the govt aims to operationalise 23 waterways by 2030

PM Modi inaugurates second edition of 'Maritime India Summit 2021'

Gujarat Chief Minister Vijay Rupani and his Andhra Pradesh counterpart YS Jaganmohan Reddy also joined the event via video conferencing

Govt expects investment worth Rs 3.39 trn during Maritime India Summit

The government is aiming to attract investment worth Rs 3.39 lakh crore during Maritime India Summit 2021 in various projects. Prime Minister Narendra Modi is scheduled to inaugurate Maritime India Summit 2021 (MIS 2021) on Tuesday, which will be held virtually and is likely to be participated by many nations, including Russia, Uzbekistan, Qatar, Denmark, Iran, Afghanistan, and Armenia. "The Ministry of Ports, Shipping, and Waterways (MoPSW) is in process of finalising more than 487 MoUs for investments worth approx Rs 3.39 lakh Crore," the government said in a statement on Monday. These are likely to be signed during the second edition of the Maritime India Summit to be held from March 2 to 4. These MoUs will be signed with different coastal states and stakeholders of the sector. These agreements are focused on attracting investment, skilling, and generating employment in the sector, the statement said. The signing of these MoUs will help in streamlining the process of ship ...

PM Modi to inaugurate three-day Maritime India Summit 2021 on Tuesday

Prime Minister Narendra Modi will inaugurate the 'Maritime India Summit 2021' via video conference on Tuesday, the Prime Minister's Office said

Deals worth over Rs 82,000 cr signed for 141 projects

Maharashtra and Karnataka sign Rs 14,500-crore pacts

PM Modi to inaugurate first Maritime India Summit

Earlier in the day, Modi inaugurated an exhibition on the maritime sector at Ship Museum in Goregaon