Major Ports in India handled 315.4 MT of cargo during the first six months of FY2016-17 (April-September) and showed a positive growth of 5.1 per cent
The government has announced a massive investment in IndiaÂ´s ports sector, which is likely to boost the countryÂ´s economy. The government has massive plans of developing ten coastal economic regions by reviving the countryÂ´s Sagarmala (string of ports) Project.
Missing Maritime Agenda targets has been the norm. But now, the Shipping Ministry is pushing the much needed expansion of its severely congested ports with some urgency, even as the new targets for the year have been announced. As major ports are losing their lure with investors,