Prime Minister Shri Narendra Modi will visit Mumbai and Palghar in Maharashtra on 30th August, 2024. Prime Minister will address Global Fintech Fest (GFF) 2024 at the Jio World Convention Centre in Mumbai.
Thereafter, at around 1:30 PM, Prime Minister will inaugurate and lay the foundation stone of various development projects at CIDCO ground, Palghar.
Prime Minister will address a Special Session of Global Fintech Fest (GFF) 2024. GEF is being jointly organised by the Payments Council of India, the National Payments Corporation of India and the Fintech Convergence Council.
Around 800 speakers, including policymakers, regulators, senior bankers, industry captains, and academicians, from India and various other countries will address more than 350 sessions in the conference. It will also showcase the latest innovations of the fintech landscape. Over 20 thought leadership reports and white papers will be launched at GFF 2024, offering insights, and in-depth industry information.
Prime Minister will lay the foundation stone of Vadhvan Port on 30th August 2024. The total cost of this project is around Rs. 76,000 crores. It aims to establish a world-class maritime gateway that will boost the country’s trade and economic growth by catering to large container vessels, offering deeper drafts, and accommodating ultra-large cargo ships.
Vadhvan Port, located near Dahanu town in Palghar district, will be one of India’s largest deep-water ports and will provide direct connectivity to international shipping routes, reducing transit times and costs. Equipped with state-of-the-art technology and infrastructure, the port will feature deep berths, efficient cargo handling facilities, and modern port management systems.
The port is expected to generate significant employment opportunities, stimulate local businesses, and contribute to the overall economic development of the region. The Vadhvan Port project incorporates sustainable development practices, with a focus on minimizing environmental impact and adhering to stringent ecological standards. Once operational, the port will enhance India’s maritime connectivity and further strengthen its position as a global trade hub.
