PM Unveils Rs 40 Billion Boost For Dredging Corporation
ECONOMY & POLICY

PM Unveils Rs 40 Billion Boost For Dredging Corporation

In a landmark announcement during the inauguration of India Maritime Week 2025, Prime Minister Narendra Modi unveiled major initiatives under the Maritime Amrit Kaal Vision, including a Rs 40 billion (Rs 4,000 crore) investment to modernise the Dredging Corporation of India (DCIL).

DCIL operates under a consortium of four major ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — functioning under the aegis of the Ministry of Ports, Shipping and Waterways (MoPSW).

The modernisation plan aims to enhance DCIL’s dredging capacity, operational efficiency, and global competitiveness through the acquisition of advanced dredgers, technological upgrades, and the adoption of sustainable practices.

The Rs 40 billion investment will focus on four key areas:

Fleet modernisation and capacity expansion to strengthen India’s dredging infrastructure.

Construction of new dredgers in Indian shipyards under the ‘Make in India’ initiative. The Ministry has already approved the procurement of three new trailing suction hopper dredgers (TSHDs). DCIL placed the first order in March 2022 for a 12,000 cubic metre TSHD, DCI Dredge Godavari, which was launched on 18 October 2025 and is scheduled for delivery by July 2026.

Orders for a second 12,000 cubic metre TSHD and another dredger will be placed in the coming months.

DCIL also plans to acquire one Cutter Suction Dredger, one Water Injection Dredger, another lower-capacity TSHD for shallow draft dredging, and six Beaver Dredgers of varying capacities for operations across inland waterways and canals.

The initiative also includes:

Adoption of digital, automation, and green dredging technologies for sustainable operations.

Skill development and upskilling programmes for technical personnel to align with global standards.

This investment package — covering the procurement of 11 dredgers and associated infrastructure — is expected to position DCIL as a stronger player not only in maintenance dredging, where it already leads in India, but also in capital dredging and inland waterway development, both of which are national priorities under the government’s maritime modernisation drive.

In a landmark announcement during the inauguration of India Maritime Week 2025, Prime Minister Narendra Modi unveiled major initiatives under the Maritime Amrit Kaal Vision, including a Rs 40 billion (Rs 4,000 crore) investment to modernise the Dredging Corporation of India (DCIL). DCIL operates under a consortium of four major ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — functioning under the aegis of the Ministry of Ports, Shipping and Waterways (MoPSW). The modernisation plan aims to enhance DCIL’s dredging capacity, operational efficiency, and global competitiveness through the acquisition of advanced dredgers, technological upgrades, and the adoption of sustainable practices. The Rs 40 billion investment will focus on four key areas: Fleet modernisation and capacity expansion to strengthen India’s dredging infrastructure. Construction of new dredgers in Indian shipyards under the ‘Make in India’ initiative. The Ministry has already approved the procurement of three new trailing suction hopper dredgers (TSHDs). DCIL placed the first order in March 2022 for a 12,000 cubic metre TSHD, DCI Dredge Godavari, which was launched on 18 October 2025 and is scheduled for delivery by July 2026. Orders for a second 12,000 cubic metre TSHD and another dredger will be placed in the coming months. DCIL also plans to acquire one Cutter Suction Dredger, one Water Injection Dredger, another lower-capacity TSHD for shallow draft dredging, and six Beaver Dredgers of varying capacities for operations across inland waterways and canals. The initiative also includes: Adoption of digital, automation, and green dredging technologies for sustainable operations. Skill development and upskilling programmes for technical personnel to align with global standards. This investment package — covering the procurement of 11 dredgers and associated infrastructure — is expected to position DCIL as a stronger player not only in maintenance dredging, where it already leads in India, but also in capital dredging and inland waterway development, both of which are national priorities under the government’s maritime modernisation drive.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code