Govt to invite pvt investment in 400 ports worth Rs 2 lakh cr

02 Mar 2021 Editorial Team

These projects will be taken up on a public private partnership (PPP) basis, said the ports ministry and there will be a provision of viability gap funding (VGF).

As part of the Maritime India Summit 2021, the Cochin Port Trust recently signed three MoUs last week with stakeholders for developing a free trade warehousing zone (FTWZ), a cryogenic warehouse, and an aviation fuel terminal.

The summit aims to explore the potential business opportunities in the Indian maritime sector and the Atmanirbhar Bharat scheme. A slew of memorandums of understanding (MoUs) in the ports and shipping sector is under consideration.

In the Budget 2021, Finance Minister Nirmala Sitharaman had announced seven port projects worth over Rs 2,000 crore to be undertaken through the PPP model.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The government has come up with the Maritime India Vision 2030, and more than 50 initiatives have been identified to ensure smart operations of ports. Additionally, the government is looking at building maritime industrial clusters, port cities, green and sustainable water transport are the areas being looked at.

The Maritime India Summit, 2021, will also seek investment in the Chabahar port, developed by India, in Afghanistan. The ministry cited the Chabahar port as an important investment of India linking to Afghanistan.

Till the end of January, 123 vessels have operated at the port handling 14,000 TEUs of the container, and 18,000 lakh tonnes of bulk cargo has been handled at the port. India has sent pesticide, wheat, and other consignments to Afghanistan.

India plans to leverage investments from domestic and international investors in the Chabahar port during the summit.

Currently, India has 12 major ports under the control of the central government—Jawaharlal Nehru Port Trust, Deendayal (erstwhile Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), Paradip, Kolkata (including Haldia) and VO Chidambarnar, Visakhapatnam.

Image Source

Also read: Maritime India Summit to be held virtually

Also read: Parliament passes landmark Major Port Authorities Bill, 2020

The Ministry of Ports, Shipping and Waterways (MoPSW) told the media that the government has identified around 400 ports and shipping projects valued over Rs 2 lakh crore that will be offered for investment to the private sector. These projects will be taken up on a public private partnership (PPP) basis, said the ports ministry and there will be a provision of viability gap funding (VGF). As part of the Maritime India Summit 2021, the Cochin Port Trust recently signed three MoUs last week with stakeholders for developing a free trade warehousing zone (FTWZ), a cryogenic warehouse, and an aviation fuel terminal. The summit aims to explore the potential business opportunities in the Indian maritime sector and the Atmanirbhar Bharat scheme. A slew of memorandums of understanding (MoUs) in the ports and shipping sector is under consideration. In the Budget 2021, Finance Minister Nirmala Sitharaman had announced seven port projects worth over Rs 2,000 crore to be undertaken through the PPP model. 4th Indian Cement Review Conference 202117-18 March Click for event infoThe government has come up with the Maritime India Vision 2030, and more than 50 initiatives have been identified to ensure smart operations of ports. Additionally, the government is looking at building maritime industrial clusters, port cities, green and sustainable water transport are the areas being looked at. The Maritime India Summit, 2021, will also seek investment in the Chabahar port, developed by India, in Afghanistan. The ministry cited the Chabahar port as an important investment of India linking to Afghanistan. Till the end of January, 123 vessels have operated at the port handling 14,000 TEUs of the container, and 18,000 lakh tonnes of bulk cargo has been handled at the port. India has sent pesticide, wheat, and other consignments to Afghanistan. India plans to leverage investments from domestic and international investors in the Chabahar port during the summit. Currently, India has 12 major ports under the control of the central government—Jawaharlal Nehru Port Trust, Deendayal (erstwhile Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), Paradip, Kolkata (including Haldia) and VO Chidambarnar, Visakhapatnam. Image Source Also read: Maritime India Summit to be held virtually Also read: Parliament passes landmark Major Port Authorities Bill, 2020

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..