Maritime Summit to explore Indian business potential

Maritime Summit to explore Indian business potential
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Highlights

Maritime India Summit 2016, a maiden flagship initiative of Ministry of Shipping, will be held from April 14 to 16,  at Bombay Convention and Exhibition Centre.  The summit will also have a two-day conference on April 14 and 15 and exhibition for three days from April 14 to 16, said a press release issued by the Visakhapatnam Port Trust  here on Tuesday.

Visakhapatnam: Maritime India Summit 2016, a maiden flagship initiative of Ministry of Shipping, will be held from April 14 to 16, at Bombay Convention and Exhibition Centre. The summit will also have a two-day conference on April 14 and 15 and exhibition for three days from April 14 to 16, said a press release issued by the Visakhapatnam Port Trust here on Tuesday.

PM to launch 3-day summit on Apr 14

Prime Minister Narendra Modi will be the chief guest at the inaugural function. Earlier, the Prime Minister has announced that the summit would showcase 200 projects -20 projects per port-that could attract an investment of US 6 billion. Union Minister of State for Agriculture Sanjeev Kumar Baliyan will preside over the three-day session and Deputy Minister for Oceans and Fisheries, South Korea Nam Bong Hyun will co-chair.

Chairman of Visakhapatnam Port Trust M T Krishnababu will be the nodal officer. The conference will have special sessions on investment opportunities in maritime sector with focus on ship building, ship repair, ship recycling, dredger/barge manufacturing, setting up of new ports and capacity augmentation of existing ports, development of inland waterways for cargo and passenger transportation, coastal shipping, passenger ferry services, lighthouse and cruise tourism, island development and aquatic resources, maritime cluster development and other services related to Indian Maritime Sector.

The conference will project vast investment opportunities in each of the Indian Maritime States and Union Territories, including an exclusive partner country session by Republic of Korea. An exhibition, along with exclusive demo sessions, will be held on all three days of the summit (April 14-16) and will showcase the latest technology, products and services as well as help disseminate knowledge about the latest development in maritime sector.

It will provide a platform to interact closely with leading global maritime organisations to explore business opportunities and create awareness amongst participants about the latest trends across maritime sector. This summit will attract more than 2000 participants, including senior government officials and policy makers, CEOs of Indian and global maritime industry, industry experts, thought leaders and distinguished speakers from across the world.

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