At the 3rd Global Maritime India Summit-2023 (GMIS), Prime Minister Narendra Modi unveiled a transformative vision for India’s maritime future, positioning the nation as the world’s third-largest economy, with maritime trade at its core.
Charting a Maritime Odyssey
India’s extensive coastline, robust ecosystem, and rich cultural heritage have laid the foundation for ambitious endeavors. The launch of the world’s largest river cruise service marked an important milestone, but the journey doesn’t stop there. The Prime Minister announced the initiation of the Modern International Cruise Terminal in Mumbai, an integral part of India’s maritime renaissance.
International Cruise Terminal: A Beacon of Excellence
The International Cruise Terminal, set to commence in 2024, represents the pinnacle of maritime infrastructure. This cutting-edge terminal will be a bustling hub, capable of accommodating 200 cruise ships and welcoming over 1 million passengers annually. Beyond a project, it symbolizes India’s commitment to enhancing its maritime capabilities, fostering global trade, and boosting tourism, as highlighted by Chief Minister Eknath Shinde.
Innovative Strategies for a Maritime Revolution
The Chief Minister unveiled a series of forward-looking strategies, including the integration of multimodal connectivity bridging rail and waterways. Paired with infrastructure advancements like hydrogen hubs and LNG bunkering facilities, Maharashtra’s ports are poised to achieve unparalleled efficiency and innovation.
Honoring Mumbai’s Maritime Legacy
The event also celebrated the 150th anniversary of the Mumbai Port Trust, paying homage to its enduring legacy. A commemorative postage stamp and the book “Propelling India’s Maritime Vision,” released by Governor Ramesh Bais and Chief Minister Eknath Shinde, serve as tributes to this maritime heritage.
Technology and Security: Cornerstones of International Trade
Governor Bais emphasized the pivotal role of maritime trade in Mumbai’s transformation into a dynamic financial hub. He called for a heightened focus on modern technology and security to further enhance international trade relations.
Setting Sail Toward Prosperity
The year 2022-23 witnessed a substantial increase in cargo volumes in Maharashtra, accompanied by new horizons in passenger transport. The Jawaharlal Nehru Port Authority (JNPT) earned recognition as a prominent contributor to this success, ranking among the top 30 global ports.
