MIV 2030 estimates Rs. 1 –1.25 trillion for capacity augmentation
PORTS & SHIPPING

MIV 2030 estimates Rs. 1 –1.25 trillion for capacity augmentation

The container throughput of Indian ports stood at 17 million TEUs for the period 2020 whereas that for China stood at 245 million TEUs for the same period. The combined container throughput across top 20 major global ports stood at 357 million TEUs during the period 2020.

At present, India does not have landside mega-port and terminal infrastructure to deal with Ultra-large container ships. Ports need higher draft, several large cranes, better yard management capability, increased automation, larger storage facilities, more inland connectivity and enhanced labour productivity. Ultra-large container ships seek speedy unloading of the large volumes they carry.

To develop global standard ports in India, Maritime India Vision (MIV) 2030 has identified initiatives such as developing world-class Mega Ports, transhipment hubs and infrastructure modernization of ports. It estimates the investments to the tune of INR 1 –1.25 trillion for capacity augmentation and development of world-class infrastructure at Indian Ports. The upcoming ports at Vizhinjam (Kerala) and Vadhavan (Maharashtra) have natural drafts in excess of 18m that would enable ultra large container and cargo vessels to call on the ports thereby boosting the efforts to make India the world’s factory by improving the container and cargo throughput.

The container throughput of Indian ports stood at 17 million TEUs for the period 2020 whereas that for China stood at 245 million TEUs for the same period. The combined container throughput across top 20 major global ports stood at 357 million TEUs during the period 2020. At present, India does not have landside mega-port and terminal infrastructure to deal with Ultra-large container ships. Ports need higher draft, several large cranes, better yard management capability, increased automation, larger storage facilities, more inland connectivity and enhanced labour productivity. Ultra-large container ships seek speedy unloading of the large volumes they carry. To develop global standard ports in India, Maritime India Vision (MIV) 2030 has identified initiatives such as developing world-class Mega Ports, transhipment hubs and infrastructure modernization of ports. It estimates the investments to the tune of INR 1 –1.25 trillion for capacity augmentation and development of world-class infrastructure at Indian Ports. The upcoming ports at Vizhinjam (Kerala) and Vadhavan (Maharashtra) have natural drafts in excess of 18m that would enable ultra large container and cargo vessels to call on the ports thereby boosting the efforts to make India the world’s factory by improving the container and cargo throughput.

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement