News Details

Roadmap in place to boost port capacity to 3,300+ mtpa by 2025 

In a written reply to a question in the Lok Sabha, the Minister of State for Shipping (Independent Charge), Mr Mansukh Mandaviya, informed that an analysis of nationwide end-to-end logistics flows of all key commodities (~85 per cent of all commodities) at ports was carried out, based on which the National Perspective Plan (NPP) for the Sagarmala Programme was prepared in April 2016.

The Minister informed that as a part of the NPP, a roadmap has been developed for increasing port capacity to 3,300+ million tonnes per annum (mtpa) by 2025. Master Planning of the 12 Major Ports has been carried out and 95 capacity expansion and port modernisation projects have been identified. Major Ports’ capacity has been re-rated with respect to global benchmarks as per berthing policy 2016, and effective capacity has increased by 293 mtpa after the re-rating. Global benchmarks have been adopted to improve the efficiency and productivity of Major Ports and 116 initiatives have been identified to unlock 100 mtpa of capacity at the ports

He added that an Action Plan for Coastal Shipping was prepared by Asian Development Bank in September 2019, which includes recommendations with respect to infrastructure creation required to increase the use of coastal shipping in India.

The Ministry of Shipping has approved 67 projects (cost: Rs 5,702 crore) under Sagarmala Programme for financial assistance of Rs 1,491 crore for improving port infrastructure and port connectivity, said a release.


Source : Exim News Service - New Delhi, Dec. 1


click here!!

Search News

Currency Import Export
U.S.Dollar 76.22 75.31
U.K.Pound 93.49 91.66
Euro 83.40 82.00

As On 26th May, 2020

more forex rates...

Currency Import Export
U.S.Dollar 76.60 74.90
Sterling Pound 94.05 90.80
Euro 84.55 81.50

w.e.f.22nd May, 2020

more custom rates...