West Bengal to receive investment of Rs 1 Trillion in maritime sector

West Bengal to receive investment of Rs 1 Trillion in maritime sector

The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal attended a roadshow which was organised by Syama Prasad Mookerjee Port (SMPK) for the ensuing Global Maritime India Summit, 2023 (GMIS) in Kolkata. The road show was attended by the captains of India Inc in the city as well as top officials, technocrats as well as social leaders with an intent to encourage their participation meaningfully to  “Connect, Collaborate and Create” with global investors at the forthcoming summit in New Delhi. Sarbananda Sonowal said, “Inspired by the vision of the Prime Minister of India, Narendra Modi ji, our Ministry is organising 3rd Global Maritime India Summit, 2023 (GMIS) from 17 th October to 19 th October, 2023 at Bharat Mandapam with an aim to ‘Connect, Collaborate and Create.’ Today, all of you have joined us on this novel exercise to enable and empower the maritime sector of India as a true multiplier force of India’s economic growth. Highlighting the role of private sector, the Minister further added, “Private sector is an essential partner in propelling the growth of India’s maritime sector and Public Private Partnership (PPP) has immensely contributed in development of new ports and augmentation of capacity in the existing ports. PPP terminals, which are currently handling about 50 per cent cargo at major ports, are striving to raise its share to 100 per cent in coming decades. West Bengal is poised to receive investment worth Rs 1 trillion in maritime sector and that will make the state a maritime hub in near future.  In view of the above, active and whole hearted participation of trade and industries in the improvement and development of port infrastructure and other ancillary facilities in India is imperative. I take this opportunity to urge all of you for your earnest participation at the forthcoming GMIS to  “Connect, Collaborate and Create” with global investors and become partners of an Atmanirbhar Bharat.”

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