ANDHRA PRADESH

‘Maritime trade, strong navy are interlinked, says ENC chief

Commander-in-Chief of Eastern Naval Command Satish Soni addressing the students of IIM -Visakhapatnam on its Foundation Day in Visakhapatnam. —Photo: By Arrangement

Commander-in-Chief of Eastern Naval Command Satish Soni addressing the students of IIM -Visakhapatnam on its Foundation Day in Visakhapatnam. —Photo: By Arrangement  

Maritime trade is important for the economic health of a country and in India it contributes to the 90 per cent of the volume and 70 per cent of the value. And to have a safe and secure maritime trade, a country must have a strong navy, said Flag Officer Commanding-in-Chief Eastern Naval Command Vice Admiral Satish Soni.

He was addressing the students and faculty members of IIM-Visakhapatnam, on the occasion of its first Foundation Day, here on Wednesday.

He went on to add that every country was vying for the licences from the Seabed Authorities for exploration of natural resources from the deep seas. And when it comes to natural resources, South Indian Ocean and Bay of Bengal are rich areas, we need to have a strong navy to defend our waters. “The future is blue economy and a strong blue water force is the need of the hour,” he said.

Referring to a question on whether the Indian Navy was a blue water force, Admiral Soni said that it was.

On leadership skills, the Admiral pointed out that a leader was a person who has the ability to work hard and the ability to make others work hard.

Stressing on imbibing values, Admiral Soni advised the budding management graduates not to look primarily towards CTC or salary packages.

Success can in life is not to be measured by how much you earn, but by what you have contributed to society, he said.

On the upcoming International Fleet Review he said that it was an event to be watched, as 52 countries will be participating. Apart from the huge Indian Fleet, about 22 foreign warships will be present with 30 heads of navy from 30 countries.

Ishwar Murthy, Dean Faculty, IIM-Bangalore and G. Janaki Ramachandran of IIM-V, spoke.

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