MARITIME INDIA SUMMIT 2016 MARITIME INDIA SUMMIT 2016 Anchored for Growth
Vision cx Maritime Sector has a vital role in India s progress & Government is strengthening the sector through innovative initiatives Shri Narendra Modi Hon ble Prime Minister of India Shipping is just not ferrying of goods and passengers. It is all about the growth of the nation as it promotes trade. Shri Nitin Gadkari Hon ble Minister of Shipping Road Transport & Highways
Event Details Date: 14-16 April 2016 Inauguration by Hon ble Prime Minister of India Venue: Bombay Convention & Exhibition Centre- Goregaon, Mumbai Website launched: www.maritimeinvest.in Summit Inaugural: 14 th April at 10 AM Valedictory Session: 15 th April at 04 PM Exhibition & Product Demo: 14 th to 16 th April, 2016 Thematic Sessions: 14 th and 15 th April, 2016
Program Structure Day 1 Inaugural Session Thematic Sessions : Sagarmala Port Led Development Ship Building, Ship Repair and Ship Breaking Maritime Education, Training & Skill Development Partner Country Sessions* Focus Session on Maritime Nations Focus Session on Maritime States in India Signing of MOUs/ LOIs/ Concession Agreements Cultural Programme and Networking Dinner * Presently scheduled with Republic of Korea
Program Structure Day 2 Thematic Sessions Inland Water Transportation, Coastal Shipping Hinterland Connectivity & Multi-Modal Logistics Opportunities in International Shipping & Maritime Financing Cruise Shipping & Lighthouse Tourism Island Development & Aquatic Resources Focus Session on Maritime States in India Signing of MOUs/ LOIs/ Concession Agreements Closing Session of Investors Summit (Exhibition will go on for Day 3 too)
Exhibition / Product Demos 14 16 April 8000 sq. m. of exhibition space Option of booking bare space/ shell space India Pavilion Partner Country Pavillions Pavilions of Maritime States 2 Demo pits for sponsored product/ technology demonstrations on all 3 days Bookings Welcome
Why Invest in India? One of the fastest growing large economies in the world with GDP growth rate of 7.5% in 2015-2016 4 th most attractive FDI destination in the World as per UNCTAD Long coastline of 7,517 km and navigable inland waterways of 14,500 km offering immense potential for maritime sector development. Tonnage of Indian ships has crossed 10 million DWT with potential of more investment
Key Enablers : Fiscal Incentives Up to 100% FDI through automatic route in port development Rationalizing taxes & duties Tax holiday for 10 consecutive years for infrastructure development 70% abatement in Service tax incidence on coastal shipping Exemption of customs duty and central excise duty on inputs used in ship building and ship repair Infrastructure status to Shipyards Shipbuilding subsidy Cruise Shipping: SOPs for faster immigration, port and customs clearance
The Growing Indian Maritime Sector Seaborne trade has grown at twice the global growth rate of 3.3% USD 2.6 Bn invested in Ports and Shipping sector between 2011 and 2014 Container trade has grown at 6.5% - higher than world average of 5.4% Cargo traffic at Indian ports has doubled to 1 billion tonnes per annum from FY 2005-2015 150 + projects for investment identified in Indian maritime sector Opportunities for investment of USD 19 Billion in Inland Waterway development and USD 50 Billion in Port-led Development under Sagarmala
Key Enablers: Ease of Doing Business Web based Port Community System to promote online Port Business Shipping Sector Standardized bidding documents for PPP projects & transparent bidding process One time trading license for vessels in lieu of annual renewal process Introduction of e- governance initiative for online processing of chartering permission
Focus sectors for Investment 1. Sagarmala - New Port Development and Port Modernization Greenfield major ports at Vadhavan (Maharashtra), Sagar Island (West Bengal), Paradip Outer Harbour and Potential locations in Andhra Pradesh and Tamil Nadu Trans-shipment Hubs at Enayam (Tamil Nadu) and Vizhinjam (Kerala) Port Mordernization: Increasing draft at Kamarajar (Ennore), Paradip and Mormugao Ports to 18m 500 MMTPA port capacity augmentation in Major Ports by 2025 2. Connectivity and Logistics New 100+ road and rail connectivity projects Development of 7 multi-modal logistic hubs in C garh, K taka, Odisha, Rajasthan, UP, Uttarakhand and WB Jal Marg Vikas project for capacity augmentation for navigation and shipping in River Ganga: NW-1 (1620 km) Development of 111 National Waterways
Focus sectors for Investment 3. Shipping Opportunity for transporting around 160 MMTPA of coal from Odisha and 80 MMTPA of steel, cement, food grains etc. through coastal shipping Opportunity for development of low draft barges and vessels (1500 2000 DWT) for transportation of bulk cargo through inland waterways 4. Industrialization Development of 2 marine clusters proposed at Saurashtra and Chennai/ Ennore with facilities for ship building, repair and recycling Production of LNG vessels and offshore platforms at existing shipyards Smart Port Industrial Cities at Kandla and Paradip Development of FTWZ at Ennore & Cochin. Port-based SEZ at JNPT
Focus sectors for Investment 5. Other areas of Investment Development of 78 lighthouses as tourist hubs Development of cruise terminals at Mormugao, Chennai, Mumbai, Chennai and Kochi 135 MW of solar power projects to be operationalized by 2020 at 8 Major Ports Development of 50 MW of wind energy projects by 2020 in 3 Major Ports Use of biofuel in port operations and shipping
Your co-operation is requested to: Ensure high level government participation from your country Disseminate details of MIS 2016 in your country Encourage Chambers of Commerce and stakeholders in maritime sector in your country for high level business delegation; also connect Ministry of Shipping with them Disseminate projects/ investment opportunities to major maritime players in your country To request Speakers and Corporate Leaders from your country already invited by Ministry of Shipping (the respective lists will be shared with you over email) Nominate a focal point in your Embassy/ High Commission to liaise with Ministry of Shipping
Contact Persons Dr. Alok Srivastava, IAS Additional Secretary, Ministry of Shipping email: srivastava.alok@nic.in Phone: +91 11-2373 6125 Mr. Barun Mitra, IAS Joint Secretary (Shipping), Ministry of Shipping Email: barunmitra@nic.in Phone: +91 11-2335 6712 Mr. N. Muruganandam, IAS Managing Director, Indian Ports Association Email: md.ipa@nic.in Phone: +91 11-2436 5632
Thank You MARITIME INDIA SUMMIT 2016
MARITIME INDIA SUMMIT 2016