INMEX SMM India 2023: Monitoring the Course for Maritime Excellence and Sustainable Technology

    The 13th INMEX SMM India, co-initiated by Informa Markets in India and Hamburg Messe Und Congress, is South Asia’s largest maritime event. With over 200 exhibitors, it focuses on maritime sector growth, notably the estimated USD 8.7 billion Indian Shipbuilding Market by 2028 through digitalization, automation, and green technology. Distinguished figures like Mr. Shyam Jagannathan, IAS, Director General Shipping, and Ms. H.E. Yasiel Burillo, Ambassador and Consul General of Panama to India, along with support from industry organizations like The Company of Master Mariners of India and INSA, make this event a hub for networking, partnerships, and lasting commercial relationships with key exhibitors including Cochin Shipyard Ltd and Volvo Group India.

    Mr. Shyam Jagannathan, IAS, Director General of Shipping, Ministry of Ports, Shipping & Waterways, Government of India, said at the inauguration, “India’s maritime sector plays a pivotal role in achieving a $20 trillion GDP by 2047, with a 9% projected growth rate. Recent achievements include doubling major port’s capacity, substantial waterway growth, increased cruise passengers and seafarers, expanded solar power, and lighthouse tourism. This progress is fueled by transformative reforms like Sagarmala and digitalization initiatives. Sustainability is key, as seen through the Swachh Sagar Portal for environmental data. The sector’s vision encompasses quadrupling port capacity, clean energy fuel hubs, cruise tourism growth, shipbuilding and recycling leadership, and a 5,000 km regional waterway grid. The National Action Plan for Green Shipping promotes eco-friendly practices and incentives for low emission ships, positioning India’s maritime sector for a prosperous and environmentally responsible future.”

    “It is necessary to boost India’s maritime industry in light of technical advancements and the acknowledgement of moon missions and ocean exploration on a worldwide scale. In light of technological breakthroughs and international acclaim for lunar missions and ocean exploration, India should strengthen its marine industry. Ship design advancements as well as IoT, automation, and integrated bridge systems are emerging innovations. The comprehensive conference put up by INMEX SMM India is in line with the government initiatives such as the “Make in India” and the “Maritime Indian Vision 2030,” said Dr. Malini Shankar, Vice Chancellor of the Indian Maritime University and Former Director General of the Directorate of Shipping.

    Rear Admiral Deepak Kumar Goswami, Admiral Superintendent, Naval Dockyard, Mumbai, highlighted the unique challenges and potential in the maritime sector, saying, “The 13th edition of INMEX SMM India 2023 is dedicated to positioning India as a global maritime leader. We are addressing critical themes like alternate fuels, energy efficiency, maritime 4.0, and data generation. Remarkable innovations such as LNG, hydrogen, and biofuels are propelling sustainability, while energy-efficient designs and seamless digital integration are elevating safety and efficiency standards. The Indian Navy is steadfast in championing these advancements, aligning with ‘Atmanirbhar Bharat’ through initiatives like TEDAC, NIIO, and SPRINT. We wholeheartedly encourage innovation, provide support for startups, and advocate for collaboration to sculpt a greener, more efficient maritime future.”

    Mr. Yogesh Mudras, Managing Director, Informa Markets in India, commented on the 13th Edition of INMEX SMM India, saying, “As organisers of INMEX SMM India 2023, we are proud to steer this flagship maritime event into its 13th edition. The maritime industry accounts for over 95% of trade volume and 70% of India’s trade value, which plays a significant part in the world economy. India, as one of the world’s fastest-growing maritime markets, holds a pivotal position and presents a vast canvas of opportunities for global investment in its maritime sector. To strengthen this vital sector, India seeks investments in key areas such as upgrading port infrastructure with major ports in order to handle larger vessels and growing cargo volumes. Also, the development of inland waterways is another attractive investment opportunity. The Government’s allocation of INR 2218.74 crores to the Ministry of Ports, Shipping, and Waterways for FY 2023-24 and 30% financial support from total project cost to promote green shipping underscores its consistent dedication. Furthermore, With India embracing global collaboration, and permitting 100% FDI for port development projects, the foreign investments here can boost efficiency, reduce turnaround times and improve international trade.”

    He further added, “INMEX SMM India Expo 2023 serves as a platform for converging innovation and opportunity, forging partnerships that will shape the future of maritime excellence including advancements in sustainable and eco-friendly shipping solutions. We set sail for a more promising maritime tomorrow together.”

    Through conferences, seminars, and workshops, INMEX SMM India provides a dynamic forum for knowledge sharing. Eminent speakers discuss critical issues such as India’s Maritime Sector, Green Shipping, Digitalization, Ship Design, and Ship Building. G. Shivakumar, Madhu Nair, Vandana Aggarwal, Dipesh Shah, and Punit Oza are among the notable speakers.

    INMEX SMM India 2023 includes a Business-to-Business Meeting Scheduler, German and Greek Country Pavilions, a Green Technology Pavilion, and important Product Launches. It’s a watershed moment for industry growth and innovation.

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