New Delhi (NVI): Prime Minister Narendra Modi will inaugurate the ‘Maritime India Summit 2021’ on March 2 at 11 am virtually, organised to promote both international and domestic investment in the ports and maritime sector.
“The Ministry of Ports, Shipping and Waterways is organizing ‘Maritime India Summit 2021’ on a virtual platform www.maritimeindiasummit.in, from March 2 to 4,” according to an official statement.
The objective of the summit is to propel India to the forefront of the Global Maritime Sector, while signing of MoUs with various entities has already started. Mumbai Port Trust has signed MoUs worth Rs 7,400 crore so far, Chairman, Mumbai Port Trust, Rajiv Jalota said.
“It is expected that Rs 20,000 crore worth MoUs will be signed as part of this Summit,” he was quoted saying in a statement.
Jalota also informed that the MIS 2021 will provide a unique platform where various stakeholders in the maritime sectors such as policy planners, senior government officials, domestic and international investors, sector experts, shipping line owners, representatives of major ports from across the world as well as the Governments of Maritime States in India will participate.
“A session showcasing, ‘Investment Opportunities in Maharashtra’ is planned for the opening day on March 2. Around 6,96,000 participants have already registered for the virtual summit,” he said.
“Eminent speakers from 20 countries are expected to attend the summit and explore the potential business opportunities in Indian Maritime Sector,” the Ministry of Shipping said in a statement.
The opening session of the summit will have ministerial level participation from Afghanistan, Russia, Uzbekistan, Iran and Armenia and will feature discussions on development of port infrastructure and boosting business through trade, promotion & regional connectivity, it added.
On the other hand, plenary, special and various thematic sessions are planned, where international experts in respective fields will participate.
There are also sessions which will focus on each coastal state and 8 States and UTs namely Maharashtra, Gujarat, Odisha, Andhra Pradesh, Karnataka, Tamil Nadu, Andaman & Nicobar and Lakshadweep have already partnered for the MIS-2021.
Moreover, the summit will host forums for interaction and collaboration with the Indian and International Ports, Shipping and Maritime Companies, Investors, and other stakeholders. It will also include an exclusive CEOs’ forum with the Minister of State (I/c) of Ports, Shipping Mansukh Mandaviya, the ministry noted.
The MIS-2021 will celebrate Chabahar day on March 4, Chabahar is Iran’s closest and best access point to the Indian Ocean.
It was also informed that The Federation of Indian Chambers of Commerce and Industry has been engaged as industry partner and Ernst & Young has been engaged as knowledge partner of the Summit, the statement added.
-RJV
