Defence

PM Modi to inaugurate second edition of Maritime India Summit on 2 March

By Livemint

Prime Minister Narendra Modi will virtually inaugurate the second edition of the Maritime India Summit (MIS) on March 2, 2021, informed an official statement by the Ministry of Ports, Shipping and Waterways.

The objective of the Summit is to propel India to the forefront of the Global Maritime Sector. The signing of the Memorandum of Understanding (MoUs) with various entities has already started. Mumbai Port Trust has signed MoUs worth ₹7,400 crores so far.

It is expected that ₹20,000 crore worth MoUs will be signed as part of this Summit,” said Rajiv Jalota, Chairman, Mumbai Port Trust.

Modi will inaugurate the summit at 11 am.

“The opening session of the summit will have ministerial-level participation from Afghanistan, Russia, Uzbekistan, Iran and Armenia and will feature discussions on ‘Development of Port Infrastructure and Boosting Business through Trade, Promotion and Regional connectivity’,” read an official statement.

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