Home » Gadkari inaugurates Sagarmala Development Company

Gadkari inaugurates Sagarmala Development Company

Gadkari inaugurates Sagarmala Development Company

Shipping, Road Transport and Highways Minister Nitin Gadkari has said that the Sagarmala project will fetch nearly Rs 12-15-lakh crore of capital investments. He estimated that the port-led development plan would generate direct and indirect employment for around two crore people and provide a huge fillip to the country´s economic growth.

The minister inaugurated the Sagarmala Development Company, a unit that will act as the nodal agency for the project. Gadkari said that Rs 8 lakh crore is expected as industrial investment while an additional Rs 4 lakh crore might go into port-led connectivity.

Comments

Leave a Reply

Your email address will not be published.