PM virtually inaugurates Maritime India Summit 2021

03 Mar 2021 CW Team

Prime Minister Narendra Modi inaugurated ‘Maritime India Summit 2021’ through video conferencing this week.

The summit witnessed more than 1.7 lakh registered participants from more than 100 nations.

Maritime India Summit aims to explore the potential business opportunities in the Indian maritime sector and the Atmanirbhar Bharat scheme. A series of memorandums of understanding (MoUs) in the ports and shipping sector is under consideration.

As we reported earlier, the government has come up with the Maritime India Vision 2030, and over 50 initiatives have been identified to ensure smart operations of ports. Additionally, the government is looking at building maritime industrial clusters, port cities, green and sustainable water transport are the areas being looked at.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The Prime Minister also unveiled the e-plaque of Sagar Manthan:Mercantile Maritime Domain Awareness Centre(MM-DAC), an information system for enhancing maritime safety, search and rescue capabilities, security and marine environment protection.

At the conference, Modi said that the capacity of major ports have increased from 870 million tonne (mt) in 2014 to 1,550 mt in 2021. Ports in India now have measures such as Direct port Delivery, Direct Port Entry and an upgraded Port Community System (PCS) for easy data flow. The Prime Minister also informed that mega ports are being developed in Paradip, Vadhavan, and Deendayal Port in Kandla.

Image Source

Also read: Maritime India Summit to be held virtually

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..