Government Launches Sagarmala 2.0 to Strengthen Maritime Infra
ECONOMY & POLICY

Government Launches Sagarmala 2.0 to Strengthen Maritime Infra

The 4th National Sagarmala Apex Committee (NSAC) meeting reviewed key projects under the Sagarmala Programme, the flagship initiative of the Ministry of Ports, Shipping & Waterways (MoPSW). The meeting focused on port-led development and strengthening India’s maritime infrastructure. 

The Ministry is currently implementing 839 projects worth Rs 5.79 trillion under Sagarmala, with 272 projects completed at an investment of Rs 1.41 trillion. Among these, 234 port modernization projects worth Rs 2.91 trillion are underway, with 103 projects completed, adding 230 MTPA capacity. Additionally, 279 connectivity projects worth Rs 2.06 trillion have been taken up, with 92 completed, improving 1,500 km of port connectivity. Coastal community development and inland waterway projects worth Rs 260 billion have benefited over 30,000 fishermen. 

Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, stated that Sagarmala has been instrumental in transforming India’s maritime sector. Under Sagarmala 2.0, the focus will be on bridging infrastructure gaps, boosting investments, and positioning India as a global maritime leader in line with the vision of a Viksit and Atmanirbhar Bharat by 2047. The new phase includes a stronger emphasis on shipbuilding, repair, recycling, and green shipping, backed by Rs 400 billion in budgetary support, with a goal of attracting Rs 12 trillion in investments over the next decade. 

Sagarmala has already improved India’s logistics efficiency, with coastal shipping growing 118% in a decade, Ro-Pax ferries transporting over 40 lakh passengers, and inland waterway cargo increasing by 700%. Nine Indian ports now rank among the world’s top 100, with Vizag among the top 20 container ports. 

A key highlight of the NSAC meeting was the launch of the Sagarmala Startup Innovation Initiative (S2I2), aimed at fostering research, innovation, startups, and entrepreneurship (RISE) in maritime logistics, shipbuilding, green shipping, and coastal infrastructure. This initiative will provide funding, mentorship, and industry partnerships to accelerate maritime sector advancements. 

The meeting, chaired by Shri Sonowal, was attended by Union Minister of Road Transport and Highways Shri Nitin Gadkari, NITI Aayog Vice Chairman Suman Bery, and representatives from coastal states and Union Territories. The discussion centered on policy directions for Sagarmala’s next phase, which aims to enhance port efficiency, reduce logistics costs, and promote coastal economic zones. 

The government also reaffirmed its commitment to the Maritime Amrit Kaal Vision (MAKV), which aims to position India among the top five shipbuilding nations, expand port handling capacity to 10 billion metric tons annually, and drive long-term growth in the maritime sector. 

With the successful conclusion of the 4th NSAC meeting, India is set to further modernize its maritime infrastructure, enhance global competitiveness, and strengthen its position as a key player in the global shipping and logistics industry. 

(PIB)   

The 4th National Sagarmala Apex Committee (NSAC) meeting reviewed key projects under the Sagarmala Programme, the flagship initiative of the Ministry of Ports, Shipping & Waterways (MoPSW). The meeting focused on port-led development and strengthening India’s maritime infrastructure. The Ministry is currently implementing 839 projects worth Rs 5.79 trillion under Sagarmala, with 272 projects completed at an investment of Rs 1.41 trillion. Among these, 234 port modernization projects worth Rs 2.91 trillion are underway, with 103 projects completed, adding 230 MTPA capacity. Additionally, 279 connectivity projects worth Rs 2.06 trillion have been taken up, with 92 completed, improving 1,500 km of port connectivity. Coastal community development and inland waterway projects worth Rs 260 billion have benefited over 30,000 fishermen. Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, stated that Sagarmala has been instrumental in transforming India’s maritime sector. Under Sagarmala 2.0, the focus will be on bridging infrastructure gaps, boosting investments, and positioning India as a global maritime leader in line with the vision of a Viksit and Atmanirbhar Bharat by 2047. The new phase includes a stronger emphasis on shipbuilding, repair, recycling, and green shipping, backed by Rs 400 billion in budgetary support, with a goal of attracting Rs 12 trillion in investments over the next decade. Sagarmala has already improved India’s logistics efficiency, with coastal shipping growing 118% in a decade, Ro-Pax ferries transporting over 40 lakh passengers, and inland waterway cargo increasing by 700%. Nine Indian ports now rank among the world’s top 100, with Vizag among the top 20 container ports. A key highlight of the NSAC meeting was the launch of the Sagarmala Startup Innovation Initiative (S2I2), aimed at fostering research, innovation, startups, and entrepreneurship (RISE) in maritime logistics, shipbuilding, green shipping, and coastal infrastructure. This initiative will provide funding, mentorship, and industry partnerships to accelerate maritime sector advancements. The meeting, chaired by Shri Sonowal, was attended by Union Minister of Road Transport and Highways Shri Nitin Gadkari, NITI Aayog Vice Chairman Suman Bery, and representatives from coastal states and Union Territories. The discussion centered on policy directions for Sagarmala’s next phase, which aims to enhance port efficiency, reduce logistics costs, and promote coastal economic zones. The government also reaffirmed its commitment to the Maritime Amrit Kaal Vision (MAKV), which aims to position India among the top five shipbuilding nations, expand port handling capacity to 10 billion metric tons annually, and drive long-term growth in the maritime sector. With the successful conclusion of the 4th NSAC meeting, India is set to further modernize its maritime infrastructure, enhance global competitiveness, and strengthen its position as a key player in the global shipping and logistics industry. (PIB)   

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement