Odisha to Expand Maritime Infrastructure with New Ports
ECONOMY & POLICY

Odisha to Expand Maritime Infrastructure with New Ports

The Odisha government is planning to develop two new seaports at Inchuri in Balasore and Bahuda in Ganjam districts to complement existing ports at Paradip, Dhamra, and Gopalpur. Industries Secretary Hemant Sharma confirmed that the state government is in talks with PSA Singapore for technical assistance to develop these ports.

The state is also expecting significant industrial investments around Gopalpur and Dhamra ports, with Rs 6,000 crore being invested in a steel plant near Dhamra. Odisha aims to increase its port cargo handling capacity to 500 million tonnes per annum by 2030.

The state has identified these locations after assessing their investment potential, focusing on industrial growth and export expansion, especially in chemical and petrochemical sectors.

The Odisha government is planning to develop two new seaports at Inchuri in Balasore and Bahuda in Ganjam districts to complement existing ports at Paradip, Dhamra, and Gopalpur. Industries Secretary Hemant Sharma confirmed that the state government is in talks with PSA Singapore for technical assistance to develop these ports. The state is also expecting significant industrial investments around Gopalpur and Dhamra ports, with Rs 6,000 crore being invested in a steel plant near Dhamra. Odisha aims to increase its port cargo handling capacity to 500 million tonnes per annum by 2030. The state has identified these locations after assessing their investment potential, focusing on industrial growth and export expansion, especially in chemical and petrochemical sectors.

Next Story
Infrastructure Urban

LAC Partnership Holds Potential for Economic Expansion: Goyal

Union Minister of Commerce & Industry, Piyush Goyal highlighted thatthere remains significant untapped potential for economic and trade expansion. Goyal, addressed the 10th CII India-LAC Conclave at New Delhi, emphasising the growing importance of India’s economic engagement with the Latin American and Caribbean (LAC) region. He said, the India-LAC partnership is not just about business but also about cultural exchanges, shared traditions, and a collective commitment to preserving heritage. He noted that the passion for festivals, sporting spirit, and rich histories of both regions provide ..

Next Story
Infrastructure Urban

ULIP Surpasses 100 Crore API Transactions

Unified Logistics Interface Platform (ULIP) has reached a significant milestone, recording 100 crore API transactions, reinforcing its role as a game-changer in India's logistics sector. This achievement marks a significant step toward building a world-class, technology-driven logistics ecosystem that fuels industrial growth under Make in India and accelerates the vision of Viksit Bharat 2047. The Union Minister of Commerce & Industry Piyush Goyal, commended the achievement, stating, “ULIP's success wouldn't have been possible without the collaborative efforts of our users, logistics stakeh..

Next Story
Infrastructure Urban

Centre for Development of Telematics launches ‘Samarth’

Centre for Development of Telematics (C-DoT), an autonomous Telecom R&D centre of Department of Telecommunication (DoT), Government of India launches first cohort of Incubation Program named as “Samarth” with a focus on fostering innovation and promoting technological advancements in India’s telecommunications and IT sectors. “Samarth” Incubation Program is designed to provide comprehensive support for startups and innovators engaged in creating next-generation technologies in the fields of Telecom Software Applications, Cyber Security, 5G/6G Technologies, AI, IoT Applications & Qua..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?