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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement