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The Sagarmala Programme is the flagship programme of the Ministry of Ports, Shipping and Waterways to promote port-led development in the country. Maritime sector in India has been the backbone of the country’s trade and has grown manifold over the years.
The concept and objectives of SagarMala is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment.
May 7, 2022 · What is Sagarmala Project? About: The Sagarmala Programme was approved by the Union Cabinet in 2015 which aims at holistic port infrastructure development along the 7,516-km long coastline through modernisation, mechanisation and computerisation.
Introduction. Overview of Sagarmala Programme. The Sagarmala Programme, a flagship initiative of the Ministry of Ports, Shipping and Waterways, represents a visionary approach by the Government of India to transform the country's maritime sector.
- Sagarmala Project Objectives
- Sagarmala Development Company Limited
- Coastal Economic Zone
Reduction of logistics cost of EXIM is the vision of the SagarMala project. The objectives of the project are: 1. Decreasing the cost of transporting domestic cargo by optimizing the modal mix. 2. Identifying future industrial capacities near the coasts to reduce the logistics cost of bulk commodities. 3. Developing discrete manufacturing clusters ...
The Sagarmala Development Company Limited (SDCL), established in 2016, develops and formulates projects borne out of the National Perspective Plan of the Sagarmala project. The SDCL is incorporated under the Companies Act, 2013. The objectives of SDCL are: 1. It develops the projects that are formulated under NPP. 2. The Special Purpose Vehicles (S...
To implement the Sagarmala project, a National Perspective Plan (NPP) for the entire coastline has been prepared to identify potential geographical regions to be called Coastal Economic Zones (CEZs). The living standards of the people living in the CEZs are expected to improve considerably by the Sagarmala project. Also read: 1. Special Economic Zo...
Oct 8, 2022 · What is Sagarmala Program? The Sagarmala Programme is an initiative by the Shipping Ministry to utilise India’s 7,500 km of coastline and advantageous location in the Indian Ocean Region.
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A roadmap has been prepared for increasing the Indian port capacity to 3300+ MMTPA by 2025 to cater to the growing traffic. This includes port operational efficiency improvement, capacity expansion of existing ports and new port development. https://www.sagarmala.gov.in/project/port-modernization-new-port-development.
