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Port Modernisation and New Port Development
Augmenting the capacity of current port infrastructure and creating new ports is important to promote export driven growth.
With massive cargo volume growth anticipated by 2025, there emerges a need for port upgradation and new infrastructure.
Under the Sagarmala initiative, the Government plans to develop six new ports across five coastal states of India.
189 projects with a projected cost of USD 21 Billion have been identified.
Currently, 42 projects worth around USD 3.6 Billion are under implementation. ....
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