Value Proposition

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The cluster is expected to help accrue significant assistances to the players in terms of taxation & fiscal benefits which will be subsequently offered in addition to the benefits entailed with GIFT SEZ & IFSC, transfer of technical know-how amongst the participants, possibility of joint marketing endeavors, better lobbying and bargaining power, improved perception of credibility in the market derived from a strong cluster brand, attraction & retention of talent and facilitation of better networking, amongst others.

The targeted benefits of this Cluster project are

  • Distinct status & recognition for cluster members
  • Business development and alliance support for strategic partnerships
  • Ease in availability of professional services from various value chain actors registered in the cluster from across multiple maritime functions – Greater Bargaining and Lobbying Power
  • Ease in access to sectoral government regulatory agencies (viz. GMB, DG Shipping, etc.), thus facilitating Ease of Doing Business for cluster members
  • Taxation and Fiscal benefits entailed with GIFT City’s SEZ and IFSC; Other envisaged tax / policy reforms in Maritime Cluster
  • Facilitation of disputes resolution pertaining to maritime / shipping at the envisaged Alternate Dispute Resolution Centre in the Cluster at GIFT City
  • Unique opportunity for global / overseas maritime service providers to access Indian clients in a more secure and professional manner
  • Decrease counter party risk for global operators dealing with Indian entities, as Gujarat Maritime Cluster is expected to govern conduct and performance of its members
  • Proximity to International Airport, ICDs and well connected to key state ports by road
  • World class infrastructure at GIFT City
  • World class class banking with wide array of banks/financial institutions in GIFT City
  • Excellent social infrastructure in and around GIFT City
  • Gujarat Maritime University will address the industry ready manpower requirements for cluster members and pave way for industry-academia collaboration for Innovation / R&D
  • Access to relevant training and certification programs organized in collaboration with Gujarat Maritime University (which has tie ups with world renowned maritime institutes like Erasmus University, STC International, etc.)
The development of Gujarat Maritime Cluster is envisaged in 4 stages spanning 15 years from inception, targeting maritime sector players across the spectrum of services provided and with supporting incentives.