New Delhi, July 18 -- The Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Tuesday launched the curtain raiser of the Global Maritime India Summit (GIMS), 2023 in Mumbai and said that investment opportunities worth more than Rs 10 lakh crore have been identified in India's maritime sector.

Addressing the curtain raiser for the upcoming Global Maritime India Summit 2023, Sonowal emphasised the vital role of the maritime sector in India's economic progression and the potential it holds for the Asia-Pacific region.

"India can lead from the front," Union Minister Sonowal said.

"With an identified investment opportunities of more than Rs 10 lakh crores in the maritime sector of the country, we are standing at a threshol...