Madhvendra Singh appointed as first CEO of Gujarat Maritime Cluster

February 4, 2023

Madhvendra Singh appointed as first CEO of Gujarat Maritime Cluster: Gujarat Ports Infrastructure Company Limited has appointed Madhvendra Singh as the first Chief Executive Officer (CEO) of the Gujarat Maritime Cluster (GMC). GMC is the first of its kind Commercial Maritime Cluster in the country aimed at creating a hub for maritime services of international standards. Gujarat Maritime Board established GMC through its subsidiary, Gujarat Ports Infrastructure Company Limited.

February 2023 Current Affairs Quiz

Gujarat Maritime Cluster (GMC)

GMC was envisioned as a dedicated ecosystem of ports, ocean shipping and logistics service providers. The Gujarat Maritime Cluster will host an array of maritime, shipping industry companies and service providers along with relevant government regulatory agencies at GIFT City in Gandhinagar.

The International Financial Services Centers Authority (IFSCA) is a unified authority for the development and regulation of financial products, financial services and financial institutions in India. This zone will be a ‘one-stop solution’ for all maritime services in the region with economic development, employment generation and industry-academia coordination. GIFT City in Gandhinagar is India’s first operational Smart City and International Financial Services Center (IFSC).