The Sagarmala Programme: How India is reinventing its ports with 60 billion euros – and why the world is watching
· Source: xpert.digital
In short
The Sagarmala program is a transformative maritime infrastructure initiative by India, investing approximately 60 billion euros to modernize ports, enhance logistics, and promote coastal industrialization. Notably, the program has reduced logistics costs and improved port efficiency to outperform leading developed countries, while aiming to establish India as a maritime superpower amidst fierce competition from China and other regional players. The initiative integrates five pillars from port modernization to community development, backed by real progress and ongoing challenges in project completion and coordination.
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Tags: ports, logistics, infrastructure, industrialization, maritime, shipping