India aims to emerge as a leading blue economy of the world: PM Modi

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Prime Minister Narendra Modi inaugurated ‘Maritime India Summit 2021’ through video conferencing today. Minister of Transport of Denmark Mr. Benny Englebrecht, Chief Ministers of Gujarat and Andhra Pradesh, Union Ministers Dharmendra Pradhan and Union Minister of State (I/C) for Ports, Shipping and Watwerways, Mansukh Mandaviya, were also present on the occasion.

Prime Minister released an e-book of ‘ Maritime India Vision-2030’. Maritime India Vision 2030 is aiming to make the Indian Maritime Industry at par with top global benchmarks in the next 10 years.

Prime Minister also unveiled the e-plaque of ‘Sagar-Manthan’: Mercantile Maritime Domain Awareness Centre(MM-DAC). It is an information system for enhancing maritime safety, search and rescue capabilities, security and marine environment protection.

Speaking on the occasion, the Prime Minister invited the world to come to India and be a part of India’s growth trajectory. India is very serious about growing in the maritime sector and emerging as a leading Blue Economy of the world, he said.

PM also informed that the capacity of major ports have increased from 870 million tonnes in 2014 to 1550 million tonnes now. Indian ports now have measures such as Direct port Delivery, Direct Port Entry, and an upgraded Port Community System (PCS) for easy data flow. Ports have reduced waiting time for inbound and outbound cargo. He also informed that mega ports with world-class infrastructure are being developed in Vadhavan, Paradip, and Deendayal Port in Kandla.

The Prime Minister concluded while inviting the global investors, “India’s long coastline awaits you. India’s hardworking people await you. Invest in our ports. Invest in our people. Let India be your preferred trade destination. Let Indian ports be your port of call for trade and commerce.”

Here are the highlights from PM Modi’s address:

-Our nation has a rich maritime history. Civilizations flourished on our coasts. For thousands of years, our ports have been important trading centers. Our coasts connected us to the world.

-Through this Maritime India Summit, I want to invite the world to come to India and be a part of our growth trajectory. India is very serious about growing in the maritime sector and emerging as a leading Blue Economy of the world.

-The summit brings together many stakeholders in this sector. Together, I am sure we will achieve great heights.

-Indian ports now have measures such as: Direct port Delivery, Direct Port Entry, and an upgraded Port Community System (PCS) for easy data flow. Our ports have reduced waiting time for inbound and outbound cargo.

-Ours is a Government that is investing in waterways in a way that was never seen before. Domestic waterways are found to be cost-effective and an environment-friendly way of transporting freight. We aim to operationalize 23 waterways by 2030.

-The key objective of this initiative is to enhance the development of the existing lighthouses and its surrounding areas into unique maritime tourism landmarks.

-India has as many as 189 lighthouses across its vast coastline. We have drawn up a program for developing tourism in the land adjacent to 78 lighthouses.

-The Government of India is also focusing on the domestic ship building and ship repair market. To encourage domestic shipbuilding we approved the Shipbuilding Financial Assistance Policy for Indian Shipyards.