Goa to Become Key Cargo and Cruise Hub by 2025 Under Sagarmala Scheme

09 Dec 2024 CW Team

The central government, in partnership with the Goa state government, is advancing efforts to transform Goa into a major cargo and cruise destination by 2025 under the Sagarmala Scheme. The initiative focuses on enhancing maritime infrastructure through the development of international and domestic cruise terminals and a ferry terminal at Mormugao Port, with an estimated investment of Rs 1.01 billion.

The project, scheduled for completion by March 2025, aims to:

Boost cruise tourism and cargo handling capacities.

Enhance connectivity with nine coastal jetties, improving inland waterways and reducing road traffic.

Promote coastal shipping through subsidies and reduced operational charges.

As part of its commitment to developing the cruise industry, the government launched the Cruise Bharat Mission in 2024. This initiative is designed to position India as a global cruise destination, with Goa playing a pivotal role in integrated cruise circuits.

Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal emphasised the broad economic benefits of these developments. The upgraded infrastructure is expected to create jobs in transportation, hospitality, retail, and tourism, while driving revenue growth for local businesses. Enhanced inland waterway services, such as ferry and Roll-on/Roll-off (RoRo) facilities, will further strengthen connectivity and ease cargo movement.

This initiative aligns with the government’s broader vision under the Sagarmala Scheme to modernise India’s coastal infrastructure and elevate Goa’s status as a key maritime hub.

(Financial Express)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..