Andhra Pradesh Ports have the largest cargo handling capacity in the country next only to Gujarat

2021-03-03 17:36:08 Indian Ports News

The cargo handling capacity of Andhra Pradesh ports is around 170 million tones the second largest in the country next only to Gujarat said the state chief minister Jagan Mohan Reddy said the Maritime India summit held virutally since march second. His government has plans to set up three Green field ports in the state soon.

We aim to reach 10 per cent share by 2030 says chief minister as against the current 4% of total Indian exports

Addressing the summit the chief minister his state has a major port in Visakhapatnam, five functional ports and 10 other notified State ports with world class facilities that handle more than 170 million tonnes of cargo per annum, second only to Gujarat. “Andhra Pradesh shares 4 per cent of total Indian exports and we aim to reach 10 per cent share by 2030.

Several industrial nodes have come up in the State since he assumed officeThe state government has undertaken development of Three Greenfield Ports at Ramayapatnam, Machilipatnam and Bhavanapadu to further unlock the potential offered by the long coastline. The ports are being planned on on an innovative model that mitigates all risks associated with greenfield port development, thereby making the port operation a risk free proposition for the private sector.

After the development of the port, the operator of the port will be selected on competitive bidding basis ensuring maximum revenue realisation for the State,” he said. 

AP aims to achieve 10% share of exports by 2030

CM Jagan Mohan Reddy said AP ports handle more than 170 million tonnes of cargo per annum. “AP shares 4 per cent of total Indian exports and we aim to reach 10 per cent share by 2030,’’ he said.

Several steps taken to ensure that the ports in Andhra Pradesh operate at their full capacity

The State government has taken several steps to attract large investments in manufacturing, petrochemicals, food processing, pharmaceuticals and other sectors to ensure that the ports in Andhra Pradesh operate at their full capacity.

His government has designed well-calibrated interventions to promote port-based industries and develop new economic cities driven by the ports all along the coastline of the State.

 Jagan pointed out that 95 per cent of India’s trade by volume and 70 per cent by value is through maritime transport. “Indian ports handled approximately 1.2 billion metric tonnes of cargo in 2019–20 and much required policy reforms like 100 per cent FDI, Make in India, Sagarmala and Bharatmala have been introduced to ensure exponential growth in this sector.

True value of Blue Economy only when allied sectors mature enough to provide sustainable employment

Stating that the importance of Blue Economy in a nation’s growth story extends much beyond the maritime trade and the export - import statistics, Jagan said the true value of it is unlocked only when all the allied sectors, which are directly and indirectly dependent on the ocean mature enough to provide sustainable employment and growth opportunities.

The State government has initiated a lot of transformative steps to leverage its coastline of 974 km, which is the second longest in India. 

Andhra Pradesh is ranked No. 1 in the country in the Ease of Doing Business rankings 2020 released by the Union Ministry of Commerce and Industry and one of the factors that contributed to this achievement is the State government’s consistent efforts in developing port infrastructure, support ecosystem and encouraging port-led industrialisation.

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