Value Proposition

One of the biggest strengths of the Gujarat Maritime Cluster is that it shall bring together the private and the government entities under a single roof, enabling a synergetic collaboration, further boosting the attractiveness for both global and national private players.

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.

Gujarat Maritime Cluster

Gujarat Maritime Cluster is conceived as a dedicated ecosystem of Ports, Maritime / Shipping and Logistics services providers along with pertinent Government Regulators, in the same geographic ensemble (GIFT City), leveraging on their proximity and improved access, thus enhancing the competitiveness and growth of the maritime sector.