Right time to invest in India's ports sector
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India's port industry is being developed and modernised in order to improve logistics. The Union Minister of India was in the United States for a week for a variety of events, including the India-US Strategic Partnership Forum conference and the Indo-Pacific Economic Framework (IPEF) ministerial meeting.
According to reports, India and the United States are looking to strengthen trade and investment connections as well as construct robust global supply networks.
Fruitful talks took conducted during the conference to bring together a group of like-minded, rule-based, transparent governments with a shared goal in an open Indo-Pacific area.
It was discovered that India was satisfied with the conclusion and text pertaining to the supply chain, tax, anti-corruption, and clean energy pillars.
The Ministry emphasized that this was a perfect opportunity to invest in India, citing CII forecasts that by 2047, India will join the ranks of developed countries, with a $35-45 trillion economy.