Collaboration between public and private players crucial for transforming the maritime sector’

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Collaboration between the central and state governments is crucial for the rapid growth of India’s maritime sector, according to stakeholders at a roadshow organized by the Mormugao Port Authority (MPA). Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, emphasized India’s emerging role as the driving force in South Asia’s maritime history. He highlighted the need for investment-led collaboration and synergy among stakeholders in the maritime industry. N Vinod Kumar, Chairman of MPA, stated that the success of Goa’s cruise tourism industry is closely tied to its economic potential. He emphasized the focus on expanding ports to increase docking capabilities and enhance passenger experiences. Kumar also emphasized the capacity of collaboration between the central and state governments, along with private sector involvement, to elevate India’s maritime status and foster economic growth.

Minister of State for Ports, Shipping, and Waterways, Shripad Naik, stressed the importance of convergence and collaboration between policy makers and industry players. He noted that the Global Maritime India Summit will play a key role in enhancing synergy among all stakeholders. Naik highlighted the summit as a focal point for industry expansion, bringing together maritime leaders, policymakers, investors, and influencers. The stakeholders expressed their joint determination to make a substantial regional influence and craft the next chapter in South Asia’s maritime history.

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