Gadkari urges US to invest in ports sector

Union Shipping Minister Nitin Gadkari has urged the United States (US) to invest in development of new ports and construction of new berths/terminals in the existing ones. According to the minister, India and the US have agreed to deepen the scope of cooperation in the maritime sector with the American ports evincing keen interest in comprehensive port-led development, especially the ambitious Sagarmala programme. A total of 150 projects under this programme have the potential of mobilising $50-60 billion of infrastructure investment and another $100 billion of investment for promoting industrial growth, Gadkari said.