Mumbai: Port heads in right direction
Mumbai has plans to redevelop its port area, including the long-ignored port lands, alongside other projects under the ‘Sagarmala' initiative spearheaded by prime minister Narendra Modi. This would help set a framework to build Mumbai’s presence as a maritime cluster
Indian prime minister Narendra Modi wants to brand Mumbai as a favourable location for international maritime companies by allowing 100% direct foreign investment. His efforts so far have enjoyed some success in the shipbuilding sector and in the construction and maintenance of ports and harbours
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