New Delhi, India – Prime Minister Narendra Modi extended a warm invitation to global investors during the Global Maritime India Summit, emphasizing the unique prospects within the India-Middle East-Europe Economic Corridor (IMEEC). Speaking after inaugurating the event, PM Modi recalled India’s leadership at the G-20 summit in forging a consensus on this transformative corridor.
A Promising Opportunity
Prime Minister Modi noted that only a select few nations possess the combination of development, demography, democracy, and demand that India boasts. He encouraged international investors to become integral partners in India’s remarkable growth journey.
Maritime Strength for Prosperity
Highlighting the historical importance of India’s maritime capabilities, PM Modi underscored the benefits reaped by both the country and the world when these capabilities are strong. He further elaborated on the government’s dedicated efforts over the past decade to fortify the maritime sector.
Economic Boost through Infrastructure
During the summit, Prime Minister Modi inaugurated and laid the foundation stones for port-related projects amounting to over ₹18,800 crore. Among these initiatives, the foundation stone for the ₹4,539-crore Tuna Tekra all-weather deep-draft terminal at the Deendayal Port Authority in Gujarat was unveiled. This terminal plays a pivotal role in advancing the India-Middle East-Europe economic corridor, further cementing India’s status as a prominent player in the global maritime arena.
