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Immense potential of India’s maritime sector : Sarbananda Sonowal

Immense potential of India's maritime sector : Sarbananda Sonowal

India’s Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, highlighted the immense potential of India’s maritime sector. He emphasized that India’s favorable geographic location and dedication to sustainable practices offer unprecedented opportunities. During a gathering with foreign diplomats and officials, Sonowal expressed that India is on the brink of a significant maritime transformation.

This meeting occurred in preparation for the upcoming Global Maritime India Summit 2023, which is scheduled to take place in Delhi from October 17 to 19.

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Sonowal emphasized the need to tap into investment possibilities within India’s maritime sector, stating, “India is on the verge of a maritime revolution. Our strategic location, technological advancements, and commitment to sustainability provide unmatched prospects. Countries collaborating with India in this sector will contribute to global growth and join a responsible and forward-looking maritime future.”

The minister also shared his vision for environmentally friendly shipping solutions.

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Representatives from nearly 40 countries, including ambassadors, high commissioners, deputy high commissioners, trade commissioners, and other diplomats, attended the meeting. Countries like Egypt, Singapore, Vietnam, Armenia, the US, Germany, Finland, Norway, the Netherlands, Canada, Russia, and Georgia were among the participants.

During the event, T K Ramachandran, Secretary of the Union Ministry of Ports, Shipping, and Waterways, provided an overview of the Global Maritime India Summit and reiterated India’s dedication to sustainable maritime solutions.

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The Global Maritime India Summit is a significant event focused on the maritime sector, bringing together key figures from the industry to explore opportunities, understand challenges, and encourage investment in India’s maritime domain.

Building on the success of previous editions, this third summit aims to unveil broader prospects for both domestic and international stakeholders and investors in the maritime sector.

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