Prime Minister Narendra Modi Thursday extended an invitation to global investors to tap into India’s thriving maritime sector, highlighting the country’s vast coastline, world-class ports, and robust infrastructure.
“India is the perfect harbour when it comes to investing in the maritime sector. We have a very long coastline. We have world-class ports. We have infrastructure, innovation and intent. Come, invest in India!” PM Modi said in a social media post.
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India’s maritime sector has been witnessing significant growth, driven by government initiatives and investments in port infrastructure. The country’s strategic location and extensive coastline offer unparalleled opportunities for trade and investment.
“Come, invest in India!” PM Modi’s invitation underscores the government’s commitment to attracting foreign investment and promoting economic growth.
The Modi government has been actively promoting the maritime sector through initiatives such as the Sagarmala Programme, which aims to harness the country’s maritime potential and promote port-led development. The program includes projects for port modernization, connectivity enhancement, and coastal community development.
India’s maritime sector offers vast opportunities for investment, including in port development, shipping, and logistics. The government’s focus on infrastructure development and ease of doing business has made India an attractive destination for foreign investors.