New Delhi: As many as 27 collaborative agreements have been signed with an investment potential of over Rs 66,000 crore in India’s maritime and shipbuilding sector between public and private sector stakeholders, state governments, and international partners, according to an official statement issued on Sunday.

With their collective industrial, socio-economic, and strategic impact, these projects are set to re-position India as a leading global maritime and shipbuilding hub in the next decade, advancing the national resolve of an Atmanirbhar Bharat, the statement said.

The MoUs were signed on September 18 at Bhavnagar on the eve of the “Samudra Se Samriddhi – Transforming India’s Maritime Sector” event addressed by Prime Minister Narendra Modi, in which a number of projects pertaining to

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