CII Global Trade Scenario Summit: Maharashtra Builds Future-Ready Maritime Hub As India Expands Global Trade Role
Mumbai: India can strengthen its position as a trusted global trading partner by building resilient supply chains, using new technologies and expanding partnerships with other countries, industry leaders said at the CII Global Trade Scenario Summit. The summit highlighted how geopolitics, changing supply chains, sustainability requirements and technology are reshaping trade across the world.…
At the CII Global Trade Scenario Summit in Mumbai, industry leaders emphasized India's potential to enhance its global trading position through resilient supply chains, technological advancements, and expanded partnerships. The summit underscored the impact of geopolitics, evolving supply chains, sustainability demands, and innovation on the global trade landscape.
India's exports reached USD 860 billion in FY26, reflecting the country's increasing prominence in international markets, according to Vir S Advani, Chairman of CII Western Region and the CII Global Trade Scenario Summit. Advani, who is also the Chairman and Managing Director of Blue Star Ltd, stressed that India's next growth phase will hinge on resilience, innovation, and market diversification. Strengthening global partnerships would aid Indian businesses in mitigating risks and unlocking new export opportunities.
The summit highlighted the critical role of ports in India's trade competitiveness, with Pradeep P, Chief Executive Officer of the Maharashtra Maritime Board, noting that Maharashtra's favorable conditions could propel it into a significant maritime and logistics hub. With an 877-km coastline, a robust industrial base, and connectivity to major production and consumption markets, Maharashtra is well-positioned to attract investments in ports, logistics, shipbuilding, and related industries.
The CII and the Consulate General of Mexico explored avenues to bolster economic ties, while major projects such as the Vadhvan Port and the proposed Dighi shipbuilding cluster are poised to fortify Maharashtra's maritime ecosystem. The state is also prioritizing multimodal connectivity, integrating ports with road, rail, and other transport networks, as well as implementing smart port systems and environmentally friendly operations.
Vaibhav Vohra, Chairman of the CII Western Region Sub-committee on International Trade and Investments, expressed confidence that Maharashtra could emerge as one of India's leading maritime hubs. Vohra, Managing Director of Continental Carriers Pvt Ltd, highlighted the potential benefits of enhanced connectivity, green port operations, and strengthened shipbuilding capabilities in bolstering India's global trade competitiveness.
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