A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
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Portal of Economic Growth
The Maritime Agenda envisages plans for creation of port capacity of around 3200 MMT for handling the expected traffic of about 2500 MMT by 2020. However, in order to scale up this capacity
Feasibility report soon on Vizag satellite port
There is a further progress in the efforts of the Visakhapatnam Port to expand a satellite port near the 17th century Dutch township of Bheemunipatnam in the country's east coast as Delhi-based consultant has come forward to submit a detailed feasibility report (DFR) on next month.