Road Transport, Highways and Shipping Minister Nitin Gadkari has said that at least one crore jobs will be created in shipping and port sector in the next four to five years under government's ambitious Sagarmala project. The jobs will include 40 lakh direct and 60 lakh indirect employment.
Sagarmala project aims to promote port-led development in the country by harnessing India's 7,500-km long coastline, 14,500-km of potentially navigable waterways and strategic location on key international maritime trade routes. Gadkari said that the government has identified over 150 projects under its ambitious 'Sagarmala' initiative.
The minister further said “Maritime India Summit is being organised in Mumbai from April 14 to 16 to harness India's immense opportunities in the maritime sector. In line with Prime Minister Narendra Modi's announcements that port sector can propel our economic growth, we are making all efforts to exploit its immense potential”.