At the 8th edition of the Global Summit organised by Government of Gujarat, Mansukh Mandaviya, Minister of State, Shipping, Road Transport and Highways, inaugurated the state-of-the-art exhibition display of Sagarmala. The focus of the summit was “Sustainable Economic and Social Development”.
The state of Gujarat has been at the forefront of the maritime development in India. Under the Sagarmala programme, more than 40 projects with estimated cost of approximately Rs85,000 crore have been identified across the four pillars of Port Modernisation and New Port Development, Port Connectivity Enhancement, Port-led-Industrial Development and Coastal Community Development.
Sagarmala, an initiative taken by the Ministry of Shipping is one of the strategic plans to promote port led development in India. It aims to leverage India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes. Sagarmala will also boost development of coastal economy, save logistic costs, balance modal mix for cargo movement, leading to growth in manufacturing sector and facilitating ease of doing business.