Port Modernisation and New Port Development

  • Augmenting the capacity of current port infrastructure and creating new ports is important to promote export driven growth.
  • With massive cargo volume growth anticipated by 2025, there emerges a need for port upgradation and new infrastructure.
  • Under the Sagarmala initiative, the Government plans to develop six new ports across five coastal states of India.
  • 189 projects with a projected cost of USD 21 Billion have been identified.
  • Currently, 42 projects worth around USD 3.6 Billion are under implementation.