The East Coast Maritime Business Summit has cautioned that it is as important to build the supporting infrastructure for speedy cargo evacuation from ports as to build new ports or to add to the capacity of the existing ones, as otherwise ports will merely become stockyards.
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Visakhapatnam Port Trust chalks out Rs.3,000-crore plan
The Visakhapatnam Port Trust (VPT) has outlined a Rs 3,000-crore expansion-cum-modernisation plan aimed at enhancing the port´s capacity by nearly 50 per cent.