Sagarmala: 50 Projects Under Implementation Worth Rs 35.81 bn

13 Feb 2026 CW Team

Overall, 128 projects with an aggregate cost of Rs 89.36 billion (bn) have been approved for funding under the Sagarmala scheme by the Ministry of Ports, Shipping and Waterways, the Union minister provided in a written reply to the Lok Sabha. The minister indicated that the 50 ongoing projects are located across states including Andhra Pradesh, Goa, Gujarat, Karnataka and Odisha among others. The portfolio spans port modernisation and associated coastal infrastructure works.

Launched in 2015, the Sagarmala programme is described by the ministry as the flagship initiative to streamline logistics, reduce costs and enhance international trade competitiveness by promoting efficient coastal and inland waterway networks. The initiative focuses on port modernisation, industrial growth, job creation and sustainable coastal development while seeking to limit heavy infrastructure expenditure. Implementation emphasis has been placed on creating multimodal connectivity that supports freight movement and export growth.

Financial releases to date amount to roughly 74.6 per cent of the assistance approved for the 50 projects, indicating substantial disbursement while leaving scope for further funding as works progress and timelines are refined. The ministry noted continued monitoring and approvals to catalyse private investment and regional economic activity along the coast. Officials expect the projects to contribute to reduced logistics costs and expanded trade capacity as they advance, supporting regional growth.

"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."

A total of 50 projects under the Sagarmala programme are currently under implementation with a project cost of Rs 35.81 billion (bn). The ministry has approved financial assistance of Rs 15.32 billion (bn) for these projects and has released Rs 11.43 billion (bn) towards them. This progress was reported as part of parliamentary disclosures on the programme. Overall, 128 projects with an aggregate cost of Rs 89.36 billion (bn) have been approved for funding under the Sagarmala scheme by the Ministry of Ports, Shipping and Waterways, the Union minister provided in a written reply to the Lok Sabha. The minister indicated that the 50 ongoing projects are located across states including Andhra Pradesh, Goa, Gujarat, Karnataka and Odisha among others. The portfolio spans port modernisation and associated coastal infrastructure works. Launched in 2015, the Sagarmala programme is described by the ministry as the flagship initiative to streamline logistics, reduce costs and enhance international trade competitiveness by promoting efficient coastal and inland waterway networks. The initiative focuses on port modernisation, industrial growth, job creation and sustainable coastal development while seeking to limit heavy infrastructure expenditure. Implementation emphasis has been placed on creating multimodal connectivity that supports freight movement and export growth. Financial releases to date amount to roughly 74.6 per cent of the assistance approved for the 50 projects, indicating substantial disbursement while leaving scope for further funding as works progress and timelines are refined. The ministry noted continued monitoring and approvals to catalyse private investment and regional economic activity along the coast. Officials expect the projects to contribute to reduced logistics costs and expanded trade capacity as they advance, supporting regional growth.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..