India's Shipping Sector: A Promising Horizon for Global Investors
Prime Minister Narendra Modi invited global investors to explore opportunities in India's shipping sector, emphasizing it as an opportune moment for investment. At the India Maritime Week 2025, Modi discussed India's ambitious maritime plans and assured international cooperation. Major investors, including DP World, showed interest amidst ongoing port development ventures.
- Country:
- India
Prime Minister Narendra Modi has urged international investors to seize the opportunity within India's burgeoning shipping industry, claiming it to be the perfect moment for economic engagement.
During the India Maritime Week 2025, Modi met with global industry leaders such as DP World and APM, showcasing India's commitment to expanding its maritime capabilities and inviting foreign investment.
With the country's strategic plans, including mega port projects and incentives for foreign stakeholders, Modi highlighted India's open-door policy for 100% foreign direct investment, aiming to boost its global container cargo presence significantly.
(With inputs from agencies.)
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