Shri Sonowal revealed that construction of the Machilipatnam Port, which
began on April 21, 2023, is expected to be completed by October 2025. This Non-Major
Port, under the administrative control of the Government of Andhra Pradesh, is
not included in the central government’s Sagarmala
Scheme. However, it is
supported by a substantial term loan of Rs 3,940.42 crores from the Power
Finance Corporation (PFC) to theMachilipatnam
Port Development Corporation Limited (MPDCL), a subsidiary
of the Andhra Pradesh
Maritime Board (APMB).
Further investments are being made by the
Visakhapatnam Port Authority and the
Inland Waterways Authority of India (IWAI), which
have undertaken 36 projects in Andhra Pradesh amounting to Rs 4,600 crores. Of
these, 22 projects worth approximately Rs 2,530 crores have been completed, and
14 projects, valued at Rs 2,070 crores, are at various stages of
implementation. Among these developments is a state-of-the-art International Cruise cum Coastal
Terminal at Visakhapatnam Port, designed to accommodate both
international and domestic passengers.
India’s port
capacity has seen substantial growth, exceeding 2,500 MTPA in the fiscal year
2022-23, marking an 86% increase from 2014-15. This period also saw the cargo handling capacity at Major Ports double.
The advancements reflect the government’s commitment to enhancing port
infrastructure and operational efficiency.
Under the Sagarmala initiative, two Centres of Excellence in Maritime
and Shipbuilding (CEMs) have been established in Mumbai and
Visakhapatnam. The Visakhapatnam campus, integrated with the Indian Maritime University,
is the first of its kind in Asia,
featuring 18 laboratories and providing employable engineering and technica.l
skills to over 10,000 students