The Union Minister of Ports, Shipping & Waterways, announced major initiatives to boost the capacity at Deendayal Port worth an investment of more than ₹57,000 crores.
Major Announcements
- A new Mega Shipbuilding Project with an investment of ₹30,000 crores and capacity to produce 32 new ships and repair 50 old ships every year
- Benefits: Develop technical capability to manufacture big Very Large Crude Carrier (VLCC) or similar class of vessels with capacity up to 3,20,000 tonnes DWT.
- Other facilities like Marina, Fishing Harbour, Townships and Marine Industrial Cluster.
- A New Cargo Terminal with investment of ₹27,000 crores which will add an additional 135 MTPA capacity to the Kandla Port.
- Benefits: Improve the waiting of Liquid Tanker Vessels and improvement in the Turnaround time of liquid vessels.
- Proximity to Kandla Creek will reduce the dredging requirement and allowing bigger vessels to dock.
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About Deendayal Port
- Location: Kandla Port, officially known as Deendayal Port, is situated on the Gulf of Kutch in Gujarat, India.
- Strategic Importance: It is one of India’s largest and busiest ports, strategically located to handle cargo from northern and western India.
- It is an Artificial port established in the 1950s after the partition of India to handle trade and alleviate congestion at the Mumbai port.
- Renamed Deendayal Port in 2017 in honor of Pandit Deendayal Upadhyaya.
- Type: A tidal port equipped to handle bulk, liquid, and container cargo.
- Infrastructure: Includes specialized terminals for various cargo types and a free trade zone to promote international trade.
- Free Trade Zone (FTZ): Kandla was the first port in India to establish a Special Economic Zone (SEZ), attracting industries and boosting export-oriented activities.