News Brief
Nayan Dwivedi
Oct 17, 2023, 02:20 PM | Updated 02:17 PM IST
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In a significant address at the Global Maritime India Summit, Prime Minister Narendra Modi emphasised India's commitment to the India-Middle East-Europe Economic Corridor (IMEEC) and invited investors from around the world to partake in this transformative journey, as reported by Indian Express.
The Prime Minister underscored India's leading role in forming a consensus on the IMEEC during the G-20 Summit.
He lauded India's unique combination of development, demography, democracy, and demand, stating that these attributes make it a land of immense opportunity.
Modi highlighted the historical significance of India's maritime capabilities, noting that strong maritime influence has historically benefitted both India and the world.
He added that his government has been dedicated to bolstering the maritime sector over the past decade.
During the summit, Prime Minister Modi also inaugurated and laid foundation stone for port-related projects valued at over Rs 18,800 crore, to boost the government's plan of expanding India's maritime infrastructure.
He also launched the foundation stone for the Rs 4,539 crore Tuna Tekra all-weather deep-draft terminal at the Deendayal Port Authority in Gujarat, a critical component of the India-Middle East-Europe economic corridor.
The Prime Minister's address is seen as an invitation to investors to participate in India's growth journey and become partners in this ambitious project aimed at enhancing connectivity and economic prosperity across the region.
Nayan Dwivedi is Staff Writer at Swarajya.