During the India Maritime Week in Mumbai, Prime Minister Narendra Modi urged investors to seize opportunities in India’s maritime sector. Chief Economic Advisor V Anantha Nageswaran projected GDP growth for FY 2025-26 at around 7%, exceeding earlier estimates. Key MoUs were signed to bolster maritime workforce capabilities and enhance port operations.
Singapore Prime Minister Lawrence Wong concluded his visit to the Philippines, highlighting strong bilateral ties. His trip coincided with the delivery of five new RoPax vessels from Greenbay Marine to the Archipelago Philippine Ferries Corporation, aimed at enhancing domestic transportation and improving connectivity across the islands.
Prime Minister Narendra Modi is set to commission the Vizhinjam International Seaport on May 2, after it has been operational for commercial purposes since December. The delay in inauguration was due to technical issues, now resolved. Agreements have been made for funding and environmental clearance, paving the way for future development.
Prime Minister Narendra Modi and President of the Maldives Mohamed Muizzu held talks to strengthen economic and maritime security ties. They acknowledged mutual challenges in the Indian Ocean Region and vowed to improve cooperation. India promised support for the Maldives’ defense projects and initiatives to empower women entrepreneurs and youth.
