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India’s port sector scaling new heights; international shipments surge
India’s port sector to new heights
Dr.G.R.Balakrishnan Nov 30 -0001 Indian Ports News

India’s port sector scaling new heights; international shipments surge

The last 9 years of this government have seen Indian ports rising & cementing their position as one of the strongest in the world.

 

Under the Sagarmala program, Major Ports have taken up a number of modernisation initiatives resulting in capacity augmentation to the tune of 230 mtpa.

 

89 port modernisation projects worth Rs 31,000 crore have been completed.

 

India has also risen to 22nd place for international shipments in 2023 from 44 in 2018, with initiatives like Sagarmala& PM Gati Shakti National Master Plan for multimodal connectivity powering the growth.

 

The maritime sector is thus steering the economy to greater heights, emphasised a communique.