US EditionPM Modi Calls India a ‘Steady Lighthouse’ for Global Trade Amid Global Tensions and Trade Disruptions
PM Modi announced �2.2 lakh crore initiatives including 437 vessels and highlighted 85 countries’ participation, doubling port capacity and 700% rise in inland waterway cargo movement.
- On Wednesday , Prime Minister Narendra Modi opened the Maritime Leaders' Conclave in Mumbai, framing India as a steady lighthouse amid global tensions.
- Prime Minister Narendra Modi outlined legal reforms that replaced century-old colonial shipping laws, granted infrastructure asset status to large ships, and announced a ₹70,000 crore investment.
- Modi highlighted ₹2.2 lakh crore initiatives, including 437 vessels, Vizhinjam Port's operational debut, and the arrival of the world's largest container vessel this year.
- Several MoUs on port-led industrialisation, sustainability and shipbuilding were signed during India Maritime Week, and Prime Minister Narendra Modi met CEOs of logistics and shipping companies as 85 countries participated, with major ports doubling capacity and achieving record cargo throughput this year.
- Positioning India in global trade, Prime Minister Narendra Modi cited the India-Middle East-Europe Economic Corridor and called for collective action on climate change and maritime security.
13 Articles
13 Articles
India to prioritise blue economy for coming 25 years: PM Modi
India's maritime sector is experiencing rapid advancement. Prime Minister Narendra Modi highlighted that ports are now among the most efficient in the developing world. Modern laws have replaced colonial ones, boosting digital integration and port management. Over 150 initiatives under the Maritime India Vision have doubled port capacity and reduced turnaround times.
PM Modi says India stands as a symbol of strategic autonomy, peace and inclusive growth amid global tensions
Prime Minister Narendra Modi has launched initiatives worth 2.2 lakh crore rupees to strengthen India’s maritime sector. Addressing the Maritime Leaders Conclave in Mumbai yesterday, PM Modi said India is accelerating efforts to reach new heights in shipbuilding. He said that today India’s ports are now counted among the most efficient in the developing world. He said Indian ports have set a new record by handling the highest cargo ever this ye…
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