The government is planning to set up four new major ports at Tamil Nadu, Maharashtra, West Bengal and Andhra Pradesh at an investment of Rs 32,000 crore under PPP model. Minister of State for Shipping Pon Radhakrishnan has said that these projects are proposed to be taken up through combination of public and private investment.
Radhakrishnan said that the four new ports are proposed to set up at Colachel, Tamil Nadu with an estimated cost of RS 6,000 crore, Dahanu Maharashtra with Rs 9,000 crore estimated cost, Sagar Island, West Bengal with Rs 11,000 crore estimated cost and Dugarajapatnam, Andhra Pradesh with cost of Rs 6,000 crore.
Besides, he said that the outer harbour projects are proposed to be taken up in VOC port at Tuticorin at an expenditure of about Rs 11,000 crore and Paradip, Odisha at Rs 5,000 crore approx. Ports capacity in India is close to about 1,400 million tonnes. Minister Further said that apart from 12 major ports, which are under the control of the centre, 200 non-majorthere are about ports under the control of the respective maritime state governments.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: