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400 investable projects worth ₹2.25 lakh cr for shipping sector ready: PM

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Prime Minister Narendra Modi today inaugurated Maritime India Summit 2021 through video conferencing and informed that the ministry of port shipping and waterways has created a list of 400 investable projects with an investment potential of $31 billion or ₹2.25 lakh crore.

He invited the world to come to India and be a part of India’s growth trajectory. “India is very serious about growing in the maritime sector and emerging as a leading blue economy of the world,” he said.

The Sagar-Manthan: Mercantile Marine Domain Awareness Centre has also been launched today. It is an information system for enhancing maritime safety, search and rescue capabilities, security and marine environment protection.

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