3rd Edition of Global Maritime India Summit 2023

In a virtual ceremony held on October 17, Prime Minister Narendra Modi inaugurated the third edition of the Global Maritime India Summit 2023 (GMIS). This monumental event, hosted in Mumbai, is recognized as the largest maritime gathering in the country. The summit draws participants from across the world, including ministers from Europe, Africa, South America, Asia (including central Asia, Middle East, and the BIMSTEC region), and serves as a catalyst for India’s maritime industry.

Fostering Global and Regional Partnerships

GMIS 2023 is a flagship event aimed at propelling India’s maritime economy by promoting global and regional partnerships and facilitating investments. It is an annual rendezvous for the Indian and international maritime community to address critical industry issues and exchange ideas to drive the sector forward. Orchestrated by the Ministry of Ports, Shipping and Waterways, GMIS 2023 brings together global maritime stakeholders, policy makers, regulators, key opinion leaders, and industry leaders through engaging dialogues, forums, and knowledge exchange platforms.

Key Themes and Discussion Topics

Over the course of three days, the summit will delve into vital issues within the maritime sector, including:

1. Ports of the Future: Discussing the evolution and future prospects of ports in the maritime industry.
2. Decarbonization: Exploring sustainable practices and strategies for reducing carbon emissions in the maritime sector.
3. Coastal Shipping and Inland Water Transportation: Addressing the significance of efficient coastal and inland water transportation.
4. Shipbuilding: Examining India’s role in shipbuilding and its aspirations to become a top shipbuilding nation in the coming decade.

Investment Opportunities

The summit provides an excellent platform for attracting investment in India’s maritime sector, fostering growth, and creating employment opportunities.

Amrit Kaal Vision 2047: Blueprint for a Sustainable Blue Economy

Prime Minister Modi also unveiled ‘Amrit Kaal Vision 2047,’ a forward-looking plan for India’s maritime blue economy. In line with this vision, he inaugurated and laid the foundation stone for projects worth more than Rs 23,000 crores, aligning with the goals of the ‘Amrit Kaal Vision 2047.’

Month: Current Affairs - October, 2023

Category: Important Days & Events Current Affairs