USD 82 bn being invested in ports: PM Modi at Maritime India Summit
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India will invest USD 82 billion in port projects by 2035, raise the share of clean renewable energy source in the maritime sector, developing waterways and boost tourism around lighthouses as part of port-led development, Prime Minister Narendra Modi said on Tuesday. Speaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways. More than 574 projects costing USD 82 billion or Rs 6 lakh crore have been identified for implementation between 2015 and 2035 under the Sagarmala Project, he said.
India will invest USD 82 billion in port projects by 2035, raise the share of clean renewable energy source in the maritime sector, developing waterways and boost tourism around lighthouses as part of port-led development, Prime Minister Narendra Modi said on Tuesday. Speaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways. More than 574 projects costing USD 82 billion or Rs 6 lakh crore have been identified for implementation between 2015 and 2035 under the Sagarmala Project, he said.
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