

KOCHI:
At the Maritime India Summit, Lakshadweep focused on cargo transportation, tourism and fisheries. “We are ready to work with the Cochin Port Trust to implement projects in line with the Blue Economy,” said Lakshadweep Administrator Advisor A.K. Anparasu said. The investment potential is high if a 75-year lease agreement and an environmental permit are implemented before the tender. He was talking about the potential of Lakshadweep at the Maritime India Summit.
“We are expecting 100% growth in infrastructure investment in Lakshadweep in 5 years to boost freight and passenger traffic, Sachin Sharma, Director- Port, Shipping and Aviation. Lakshadweep Tourism Secretary Amit Sathija pointed out that there is immense potential for investment in the tourism sector in areas such as water villas and scuba diving facilities.
Cochin Port Trust Chairperson Dr.M. Beena pointed out that more berthing facilities could be provided to Lakshadweep with the assistance of Lakshadweep Administration. Director General of Shipping Amitabh Kumar said that more possible developments could be made in the cruise areas and more emphasis should be given to deep sea fishing, terminal services and renewable energy.
Savio Mathew, Head, FICCI Kerala State Council, said that the tuna, which is easily available in Lakshadweep, can be re processed in Kochi and more value added products could be produced and exported. IIT Chennai Professor, Dr. Sundar Vadivelu, WapCos Consultant Dr. Nagendra, Andaman & Lakshadweep Harbour Works Chief Engineer Krishnamoorthy, Oscar J J Siches, Founder of the Global Marina Institute, Michal Sigbardsson, Managing Director, SF Marina Systems, Rajesh Sood, Director, Shipping Corporation, Goa Shipyard, CMD Commodore Nagpal, Vijay Marine Shipyard, MD Suraj Dayalani and Cochin Shipyard Technical Director Bijoy Bhaskar. Dr. Unnikrishnan, Head Maritime Logistics Sector Skill Council also spoke in the session.

more recommended stories
Shoppers Stop Ties up with Earthi
MUMBAI:Shoppers Stop, India’s leading retail chain,.
Mia by Tanishq’s ‘Rare Pair’ Collection
KOCHI:The season of love, laughter, and.
Tata Chemicals, Rallis Wins Silver and Plaque at ICAI Sustainability Reporting Awards
MUMBAI:Tata Chemicals has been conferred with.
India Achieves Complete Transition to T+1 Settlement Cycle in Equity Markets
MUMBAI:January 27, 2023 will mark as.
Bizongo Appoints Prasanth Nair as Head of Engineering
MUMBAI:Bizongo, a leading vendor digitization platform.
Equitas Small Finance Bank Opens 7 New Branches in One Day
KOCHI:Equitas Small Finance Bank Limited, one.
World Benchmark Study Ranks KSUM Among World’s Top Five Incubators
THIRUVANANTHAPURAM:In big endorsement of its role.
Multipl Offers Best Savings on MakeMyTrip Flight Bookings
MUMBAI:Flights and vacations are a break.
Fire-Boltt Talk-Ultra Smartwatch Launched
NEW DELHI:Fire-Boltt, India’s No. 1 smartwatch.
Kotak Mahindra Bank Launches 20th ‘Aadhaar on Wheels’ Van
KOCHI:Kotak Mahindra Bank Limited (“KMBL”/Kotak) is.