The Indian government has announced its plan to invest around INR 80,000 crore to develop port-related infrastructure in Andhra Pradesh. The Sagarmala Programme has identified more than 110 projects worth approximately INR 1.1 lakh crore for implementation in the state. Of the planned projects, 35 have already been completed at an estimated cost of INR 32,000 crore.
Andhra Pradesh’s extensive coastline and numerous ports make it a crucial contributor to its port-led development. The state has emerged as a significant player in this field, with several ongoing projects to boost its ports’ capacity and improve related infrastructure.
The government’s investment in port-related infrastructure is expected to impact the state’s economy positively. The projects will provide employment opportunities and promote trade and commerce, thereby generating revenue for the state and contributing to the country’s economic growth.
The Sagarmala Programme aims to promote port-led development in the country by harnessing India’s 7,500 km coastline, its abundant water resources and the potential of inland waterways for transportation. It focuses on modernising ports and related infrastructure, promoting coastal community development and enhancing port connectivity with the hinterland.
