Maritime india



Keywords: maritime india
Description: Union minister for road transport, highways and shipping Pon Radhakrishnan will take part as chief guest at a road show here on Friday for the first ever Maritime India Summit scheduled to be held later this year.

CHENNAI: Union minister for road transport, highways and shipping Pon Radhakrishnan will take part as chief guest at a road show here on Friday for the first ever Maritime India Summit scheduled to be held later this year. The summit is to showcase about 200 projects with an investment potential of $6 billion and will be inaugurated at Mumbai by Prime Minister Narendra Modi on April 14.

The first road show on the summit was held in Kolkata on Wednesday and four more are to be held across cities in India. Plans to conduct the road shows overseas were dropped due to paucity of time. Republic of Korea has consented to be the partner country for Maritime India Summit 2016 and would participate with delegations of maritime companies and government officials.

The summit would highlight projects from the country's ports and offer incentives to domestic and international companies to invest in the domestic maritime sector.

Projects to be highlighted at the summit include three greenfield major ports in Maharashtra, Sagar Islands (West Bengal) and Colachel (Tamil Nadu) and the Sagarmala project among others.

The road show which is being conducted by The Associated Chambers of Commerce of India (ASSOCHAM) and Chennai Port will be held at the JP Hotel in Koyambedu at 11am.






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