Promote more ports and terminals on BOT basis

01 Jul 2019 Editorial Team

How do you view the availability of funds for project execution?

Ports should be taken as opportunities for trade. The major income of countries such as Singapore comes from port activity. If a port is taken as a business, it is a question of profit and loss. Ports are gateways to the nation. All incoming and outgoing trade has to pass through these gateways. The Government will come out with funds; more and more entrepreneurs are considering ports as a business investment. We will have to promote this.

How do you view the construction opportunities in the sector for the next five years?

At present, we are at the launching point of a great leap in the field of ports. This is mainly because of the initiative taken by the Government. The climate for investment has certainly changed. Sentiments have improved and there is optimism all round. The company specialises in port and harbour structures. We are already operating Krishnapatnam Port and two other ports are in the offing. We hope to grow in construction and trade in coming days.

Any recommendations to give a further fillip to the sector?

Promote more ports and terminals on BOT basis. This will help construction companies participate in the ports business, apart from being confined to construction alone. This will bring in more investments.

Considering ports as well as other construction segments, which sectors will the company’s business focus on?

With agriculture being a core sector, irrigation is a field connected to it. The Government will prioritise this sector. We are involved in a big way in irrigation in Telengana, Madhya Pradesh and Andhra Pradesh. We are deeply involved in dams, which are a part of irrigation.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Having successfully undertaken several port development projects, Navayuga Engineering Company specialises in ports and harbour structures as well as operating ports. Dr Ir PV Chandramohan, Sr President (Technical), Navayuga Engineering Company, shares more on the potential he envisages in this areawith SHRIYAL SETHUMADHAVAN. How do you view the availability of funds for project execution?Ports should be taken as opportunities for trade. The major income of countries such as Singapore comes from port activity. If a port is taken as a business, it is a question of profit and loss. Ports are gateways to the nation. All incoming and outgoing trade has to pass through these gateways. The Government will come out with funds; more and more entrepreneurs are considering ports as a business investment. We will have to promote this. How do you view the construction opportunities in the sector for the next five years? At present, we are at the launching point of a great leap in the field of ports. This is mainly because of the initiative taken by the Government. The climate for investment has certainly changed. Sentiments have improved and there is optimism all round. The company specialises in port and harbour structures. We are already operating Krishnapatnam Port and two other ports are in the offing. We hope to grow in construction and trade in coming days.Any recommendations to give a further fillip to the sector?Promote more ports and terminals on BOT basis. This will help construction companies participate in the ports business, apart from being confined to construction alone. This will bring in more investments.Considering ports as well as other construction segments, which sectors will the company’s business focus on?With agriculture being a core sector, irrigation is a field connected to it. The Government will prioritise this sector. We are involved in a big way in irrigation in Telengana, Madhya Pradesh and Andhra Pradesh. We are deeply involved in dams, which are a part of irrigation.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..