Team Blitz India
NEW DELHI: PM Modi said the India-Middle East-Europe Economic Corridor has the potential to ‘transform’ the global maritime trade, and invited investors to partner with the country to be a part of the initiative.
Speaking at the inauguration of the third Global Maritime India Summit (GIMS) in Mumbai, Modi said India was able to forge a historic consensus at the G20 for the IMEEC, and added that the initiative will prove to be a catalyst for prosperity, the same as Silk Route was a few centuries ago.
He also unveiled Amrit Kaal Vision 2047, a blueprint for the Indian maritime blue economy.In line with this futuristic plan, the Prime Minister inaugurated, dedicated to the nation and laid the foundation stone four projects worth more than Rs 23,000 crore that are aligned with the Amrit Kaal Vision 2047 for the Indian maritime blue economy.
The summit was attended by Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal and his deputies Sripad Naik and Shantanu Thakur, officials from the ministry and other stakeholders.
“The corridor (IMEEC) has the potential to transform the global maritime industry,” Modi said, adding that the initiative announced at the G20 meeting in New Delhi earlier this year will drive positive changes in global and regional trade.