Odisha Plans Rs 46.2 Billion Port and Shipyard Projects
PORTS & SHIPPING

Odisha Plans Rs 46.2 Billion Port and Shipyard Projects

The Odisha Government, in partnership with the Paradip Port Authority, has announced plans to establish two major maritime projects — a port at Bahuda in Ganjam district and a shipbuilding and repair yard at the Mahanadi river mouth — with a combined investment of Rs 46.2 billion, Chief Minister Mohan Charan Majhi said on Wednesday.

The proposed Bahuda Port will involve an investment of Rs 21.5 billion, while the shipbuilding and repair yard will require Rs 24.7 billion. Additionally, the state government will set up a world-class cruise terminal in Puri to strengthen Odisha’s position as a major hub for trade, tourism, and industrial growth.

Speaking at the Boita Bandana Utsav in Paradip, the Chief Minister highlighted that the Paradip Port has become the gateway to Odisha’s progress and a key driver of its economy. He noted that the port’s cargo handling capacity has more than doubled, increasing from 71 million tonnes in 2015 to 150 million tonnes in 2025.

Majhi described Boita Bandana and Bali Jatra as more than cultural festivals, calling them living symbols of Odisha’s rich maritime legacy and the indomitable spirit of the ancient Sadhabas, the seafarers of Kalinga who once sailed to Southeast Asia.

Under the Maritime India Vision 2030, Paradip Port aims to handle 300 million tonnes annually, and by Viksit Bharat 2047, its capacity is projected to reach 500 million tonnes, transforming it into a Mega Port.

In alignment with the Government of India’s Sagarmala, Gati Shakti, and National Logistics Policy, the state is actively building a port-led economy. The government is also developing Coastal Economic Zones across districts to promote regional trade and investment.

Industries, Skill Development, and Technical Education Minister Sampad Chandra Swain said the state is prioritising industrial growth, infrastructure, employment generation, and skill development linked to port-based economic activity.

Jagatsinghpur MP Bibhu Prasad Tarai added that Paradip is poised to become a centre of industrial, educational, and transport infrastructure, transforming the economic landscape of both Jagatsinghpur district and the entire state.

The Odisha Government, in partnership with the Paradip Port Authority, has announced plans to establish two major maritime projects — a port at Bahuda in Ganjam district and a shipbuilding and repair yard at the Mahanadi river mouth — with a combined investment of Rs 46.2 billion, Chief Minister Mohan Charan Majhi said on Wednesday. The proposed Bahuda Port will involve an investment of Rs 21.5 billion, while the shipbuilding and repair yard will require Rs 24.7 billion. Additionally, the state government will set up a world-class cruise terminal in Puri to strengthen Odisha’s position as a major hub for trade, tourism, and industrial growth. Speaking at the Boita Bandana Utsav in Paradip, the Chief Minister highlighted that the Paradip Port has become the gateway to Odisha’s progress and a key driver of its economy. He noted that the port’s cargo handling capacity has more than doubled, increasing from 71 million tonnes in 2015 to 150 million tonnes in 2025. Majhi described Boita Bandana and Bali Jatra as more than cultural festivals, calling them living symbols of Odisha’s rich maritime legacy and the indomitable spirit of the ancient Sadhabas, the seafarers of Kalinga who once sailed to Southeast Asia. Under the Maritime India Vision 2030, Paradip Port aims to handle 300 million tonnes annually, and by Viksit Bharat 2047, its capacity is projected to reach 500 million tonnes, transforming it into a Mega Port. In alignment with the Government of India’s Sagarmala, Gati Shakti, and National Logistics Policy, the state is actively building a port-led economy. The government is also developing Coastal Economic Zones across districts to promote regional trade and investment. Industries, Skill Development, and Technical Education Minister Sampad Chandra Swain said the state is prioritising industrial growth, infrastructure, employment generation, and skill development linked to port-based economic activity. Jagatsinghpur MP Bibhu Prasad Tarai added that Paradip is poised to become a centre of industrial, educational, and transport infrastructure, transforming the economic landscape of both Jagatsinghpur district and the entire state.

Related Stories

Gold Stories

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