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Projects: India’s port capacity to reach 3,000 MTPA in 2 years

Fiinews by Fiinews
February 19, 2023
in Projects
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PM at the Economic Times Global Business Summit in New Delhi on 17 Feb 2023.

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PM says infrastructure building is a grand strategy

India’s port capacity is going to reach 3,000 MTPA in the coming 2 years, Prime Minister Narendra Modi told delegates at the Economic Times Global Business Summit held in Delhi on 17 Feb 2023.

“We stopped the practice of viewing infrastructure in silos and reimagined infrastructure building as a grand strategy,” he said in an update on the country’s fast-pace development.

India will soon be ranked third largest in the world in terms of Metro route, he added.

“PM Gatishakti National Master Plan is not only giving speed to the construction of infrastructure but also giving emphasis to area development and people development,” he said.

Expressways or other infrastructure have been linked to Artificial Intelligence to decide the shortest and most efficient route for travellers.

Touching on the advanced mode of technology use in development, he said schools can be built in areas where needed instead of allotting or implementing such projects on the basis of demand or political consideration.

The Prime Minister disclosed that the Government have discussed with the Armed Forces and opened 128 air routes for civilian aircraft movement. This led to flight paths becoming shorter thereby saving both time and fuel.

He pointed out that about 1 lakh tonnes of CO2 emissions have been reduced with this decision of opening more air routes.

The Prime Minister emphasized that India has put forth a new model of development of physical and social infrastructure before the world, making digital infrastructure an example.

Modi underlined that India’s prosperity is the world’s prosperity and India’s growth is the world’s growth.

He emphasised that the theme of One World, One Family, One Future chosen for G-20 contains solutions to many challenges of the world.

“This decade and the next 25 years make for unprecedented confidence in India. When you associate with India’s growth journey, India gives you guarantee of growth,” he said. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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