Sagarmala, the ambitious programme for ‘Port-led development’ in the country is all set to change the logistics sector performance by optimizing India’s logistics modal mix.
The Ministry of Shipping has sanctioned the Capital Dredging Project for Ro Pax Ferry Services between Gogha & Dahej, in Gulf of Cambay in Gujarat.
Maritime clusters are to be one of focal points for economic development along India’s coastline, says a draft report prepared under Sagarmala Programme of the Ministry of Shipping.
The Ministry of Shipping has formulated a revised Central Sector Scheme to provide financial support to Major/ Non-Major Ports/ State Governments for creation of infrastructure.
Augmenting operational efficiency of ports & optimizing logistics evacuation can give boost to Indian trade and help seize the big opportunity of growth in Indian cargo traffic at ports.
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the incorporation of SDC under the Companies Act, 2013.