Vadhavan Port Project Receives Nod
PORTS & SHIPPING

Vadhavan Port Project Receives Nod

In a significant development for India's maritime landscape, the Public Investment Board has granted approval for the construction of a new major port at Vadhavan. This marks a crucial step towards enhancing the nation's port and shipping capabilities. The decision underscores the government's commitment to bolstering infrastructure, fostering economic growth, and strengthening the maritime sector.

The Vadhavan Port project, situated strategically on the west coast, holds immense potential to become a key hub for trade and commerce. With an estimated investment in the billion range, this venture is poised to create job opportunities, stimulate economic activity, and facilitate smoother cargo movements. The nod from the Public Investment Board signifies a green light for a project that has been eagerly awaited in the shipping and logistics industry.

This move aligns with the government's broader vision to develop world-class infrastructure, attract global investments, and propel India's position in international trade. The Vadhavan Port is anticipated to alleviate congestion in existing ports, streamline logistics, and enhance overall efficiency in the transportation of goods.

Key stakeholders, including investors and industry experts, are closely monitoring the progress of the Vadhavan Port project. As the construction commences, it is expected to contribute significantly to the economic landscape, ultimately positioning India as a major player in the global maritime domain.

This approval comes at a crucial juncture, emphasising the government's commitment to infrastructure development despite global challenges. The Vadhavan Port project is a testament to India's resilience and determination to create a robust and modern infrastructure network, essential for sustained economic growth.

In a significant development for India's maritime landscape, the Public Investment Board has granted approval for the construction of a new major port at Vadhavan. This marks a crucial step towards enhancing the nation's port and shipping capabilities. The decision underscores the government's commitment to bolstering infrastructure, fostering economic growth, and strengthening the maritime sector. The Vadhavan Port project, situated strategically on the west coast, holds immense potential to become a key hub for trade and commerce. With an estimated investment in the billion range, this venture is poised to create job opportunities, stimulate economic activity, and facilitate smoother cargo movements. The nod from the Public Investment Board signifies a green light for a project that has been eagerly awaited in the shipping and logistics industry. This move aligns with the government's broader vision to develop world-class infrastructure, attract global investments, and propel India's position in international trade. The Vadhavan Port is anticipated to alleviate congestion in existing ports, streamline logistics, and enhance overall efficiency in the transportation of goods. Key stakeholders, including investors and industry experts, are closely monitoring the progress of the Vadhavan Port project. As the construction commences, it is expected to contribute significantly to the economic landscape, ultimately positioning India as a major player in the global maritime domain. This approval comes at a crucial juncture, emphasising the government's commitment to infrastructure development despite global challenges. The Vadhavan Port project is a testament to India's resilience and determination to create a robust and modern infrastructure network, essential for sustained economic growth.

Next Story
Real Estate

Centre proposes digital property law to modernise registrations

In a landmark move to modernise India’s property registration system, the Central Government has released the draft Registration Bill, 2025, which seeks to replace the 117-year-old Registration Act of 1908. The proposed legislation introduces a fully digital, paperless, and citizen-centric framework for registering immovable property — a first for India’s real estate sector. Prepared by the Department of Land Resources under the Ministry of Rural Development, the draft bill proposes key changes such as online submission and registration of documents, electronic admission and verific..

Next Story
Infrastructure Transport

GMDA Approved to Cut 1,300 Trees for Gurugram Metro Construction

The Gurugram Metropolitan Development Authority (GMDA) has obtained approval to fell 1,300 trees between Millennium City Centre and Hero Honda Chowk for the Gurugram Metro project, officials stated on Monday.A senior GMDA official mentioned that the forest department had granted clearance the previous week. The official explained that permission had been received to cut down 1,300 trees, while approval for felling an additional 500 trees on the stretch from Hero Honda Chowk to Sector 9 was expected soon. They added that the modalities for tree felling would be coordinated with Gurugram Metro R..

Next Story
Infrastructure Transport

PIB Clears East-West Corridor for Lucknow Metro Project

The Public Investment Board (PIB) has granted approval for the East-West Corridor of the Lucknow Metro, with an estimated project cost of ₹5,801 crore. This corridor, part of Phase 1B of the metro project, will cover a distance of 11.165 km, stretching between Charbagh and Vasantkunj.The decision was made during a PIB meeting held in Delhi in the first week of May, which was chaired by the Union Finance Secretary. The approval followed the clearance of the detailed project report (DPR) by the Uttar Pradesh government in March 2024. Subsequently, the Network Planning Group (NPG) provided the ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?