PSUs

Projects worth Rs 1.05 lakh crore to be implemented by JNPA

By IndianMandarins- 08 Apr 2022
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Mumbai (09.04.2022): On the occasion of completing seven years of the Sagarmala programme of the Ministry of Shipping initiated in 2015, 131 projects worth Rs 1.05 lakh crore have been proposed to be implemented in Maharashtra. JNPA has undertaken various projects aligning with the five pillars of the Sagarmala Programme -- Port Modernization and New Port Development, Port Connectivity Enhancement, Port Led Industrialization, Coastal Community Development and Coastal Shipping.

Sagarmala initiative has successfully enabled the Indian ports to handle large volumes by making them more efficient and reducing the turnaround time of containers. Numerous projects have been undertaken across various categories such as port modernization, rail, road, cruise tourism, RORO, ROPAX, fisheries, coastal infrastructure and skill development.

Speaking at the occasion, Sanjay Sethi, IAS, Chairman, JNPA, said, “JNPA has multiple projects under Sagarmala based on the four-fold view- to change dynamics & reduce logistics costs in India, boost overall economic development through ports and empower coastal communities put across by the ministry.”

Maritime infrastructure plays a vital role in the nation’s economy; aligning with the Maritime India Vision 2030, Sagarmala initiatives will further boost infrastructure and drive investments to improve regional connectivity to aid trade. The Sagarmala initiative will further enable the ports to meet global standards and play a crucial in bolstering the nation’s economic development.

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