Mumbai, October 17 : Prime Minister Narendra Modi emphasized on Tuesday that investors now have a golden opportunity to collaborate with India and participate in the India-Middle East-Europe Economic Corridor (IMEEC). Speaking at the inauguration of the Global Maritime India Summit in Mumbai, PM Modi highlighted India’s proactive role in garnering consensus for this ambitious corridor at the G-20 summit.
Modi underscored that only a handful of nations are endowed with a combination of development, demography, democracy, and demand. He extended a warm invitation to global investors to join India in its remarkable journey of growth and development.
The Prime Minister also recounted the historical significance of India’s maritime prowess, noting that strong maritime capabilities have consistently benefited both the nation and the global community. He pointed out that his government has diligently worked on enhancing the maritime sector over the past 9-10 years.
At the summit’s third edition, PM Modi inaugurated and laid the foundation stones for port-related projects valued at over Rs 18,800 crore. Additionally, he launched the foundation stone for the Rs 4,539-crore Tuna Tekra all-weather deep-draft terminal at the Deendayal Port Authority in Gujarat. This terminal’s development is intended to bolster the India-Middle East-Europe economic corridor.
