Potential

Investment Potential

  • Development of the Maritime Sector: The Maritime sector (Ports and Shipping, Inland waterways) requires an investment of US$ 24 billion for future development.
  • Under NMDP National Maritime Development Program (NMDP)  219 projects have been identified for the development of Major ports
  • The New Foreign Trade Policy envisages doubling of India’s share in global exports in next five years to $150 billion. A large portion of the foreign trade to be through the maritime route: 95% by volume and 70% by value
  • Public Private Partnership
    • Under the Public Private Partnership 14 private / captive projects with investments of US$ 600 million have been completed
    • 24 projects with an investment of US$ 1.6 Billion are under implementation / award.
  • Projects Underway
    • Project "Sethusamudram"
    • Project " Sagarmala": The Project is worth US$ 22 billion for the modernization of Major and Minor ports.
  • Growth in merchandise exports projected at over 13% p.a. underlines the need for large investments in port infrastructure
  • The plan (2007-2012) proposes an additional port handling capacity of 530 MMTA in Major Ports through: Projects related to port development (construction of jetties, berths etc.)

Emerging Investment Opportunities in Port Development:
Major Projects in the Offing