Port Infra Set to Stage Amazing Upturn

Targeting a total port traffic handling capacity of 3.5 billion tons per annum in a phased manner by 2031, the Union Shipping Ministry has recently made a mark by crossing the coveted combined traffic handling capacities of one billion tons per annum. The National Maritime Development Program (NMDP) that targeted 387 port projects at an investment of Rs.90,000 crore for the current Plan period, has already commissioned 76 projects entailing an investment of Rs.17,110 crore and the rest are currently in various stages of implementations and many of them are about to commissioning. The emerging picture made it crystal clear that Indian port sector is set to stage an amazing upturn and is gradually gravitating to gain new heights in the global port arena. Reports Jeet Singh.