Indian Prime Minister Narendra Modi inaugurates the Global Maritime India Summit 2023

Indian Prime Minister Narendra Modi inaugurated the third edition of the Global Maritime India Summit 2023 via video conferencing. The three-day-long summit is being held in Mumbai. The Prime Minister unveiled a long-term roadmap for the Indian Ocean Blue Economy.

He said the country is moving towards becoming a global cruise hub. The Indian PM laid the foundation of an All-Weather Deep Draft Terminal at the Deendayal Port in Gujarat to be built at a cost of more than 5 hundred and 40 million dollars.

Addressing the summit, Prime Minister Modi said that India's economy was continuously strengthening in a world buffeted by crises. Prime Minister Modi also said that the proposed India--West Asia--Europe economic corridor would change the landscape of regional and global trade.