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- Indian ports log double-digit growth in 10 years
Indian ports log double-digit growth in 10 years
Prime Minister Narendra Modi said Indian ports have achieved double-digit annual growth in the past 10 years and beaten many developed nations in ship turnaround time. Earlier, ships had to wait long hours at ports and unloading took very long. The PM said the situation today has changed after inaugurating three major infrastructure projects. These projects are in line with the PM’s vision to transform India’s ports, shipping and waterways sector and build capacity and self-sufficiency in it. The PM pledged to build mega ports, shipbuilding and ship-repairing infrastructure in the country. He recalled the role of ports in India’s erstwhile prosperity in earlier times and envisaged a similar role for ports now when India is taking new strides and becoming a major centre of global trade.