GMIS 2023 Commences: A Global Summit on Maritime Affairs in India

Global Maritime India Summit 2023 (GMIS 2023) kicks off
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The Global Maritime India Summit 2023 (GMIS 2023) kicked off with the signing of 34 Memorandums of Understanding (MoUs) worth 3.24 lakh crore, demonstrating the commitment of stakeholders to making India a maritime powerhouse. The first day of the summit included discussions on future port development, the role of MSMEs in the maritime sector, and the challenges and strategies for Maharashtra’s ports and transportation sector. Shri Sarbananda Sonowal, the Honorable Union Minister of Ports, Shipping, and Waterways, highlighted the importance of digitalization and sustainability in port operations, while Shri Narayan Tatu Rane, the Honorable Union Minister of Micro, Small, and Medium Enterprises, emphasized the role of MSMEs in technological growth. The session with Maharashtra focused on improving transportation connectivity and attracting investments. Another session discussed the maritime growth of Gujarat and the need for innovation and research in the sector.

The sessions also addressed the integration of 5G technology in the maritime industry. While 5G offers high-speed connectivity and real-time data exchange, it also presents challenges in terms of infrastructure and cybersecurity. The presence of various industry experts and government officials, including representatives from ports, shipping companies, and maritime organizations, highlighted the collaborative efforts needed to drive innovation and growth in India’s maritime sector. The summit showcased the importance of technology, sustainability, and collaboration in transforming India into a leading maritime nation.

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