India's first maritime-focused lender eyes $1 bln FY27 fundraiseSagarmala Finance Corp. will raise 100 billion rupees in FY27. This funding will support ports, shipbuilding, and waterways. The company wi...
Centre clears Rs 132 crore road over bridge project at Kandla to ease congestion, boost cargo flowA Rs 132.51 crore road over bridge project is approved for Deendayal Port Authority in Kandla. This initiative will ease congestion and imp...
Sagarmala program: 50 projects worth Rs 3,581 cr under implementationFifty projects valued at Rs 3,581 crore are currently underway as part of the government's Sagarmala initiative. The Ministry of Ports, Shi...
BEML, Sagarmala Finance Corporation ink pact to boost India's maritime manufacturing sectorSMFCL, formerly known as Sagarmala Development Company Limited, is the country's first maritime sector-specific non-banking financial compa...
Laksha for Dweep: ₹3.6kcr plan to turn islands in tourist hubIndia has proposed a ₹3,600-crore infrastructure upgrade plan for the Lakshadweep islands, aiming to transform them into a tourist hub. The...
Sagarmala programme enhanced to Rs 6.5 lakh croreAddressing journalists after the event, Shipping Minister Sarbananda Sonowal said, "The new Sagarmala programme will also enhance the empha...
Over 800 projects worth Rs 5.48 lakh cr identified for implementation under Sagarmala programme: Shipping MinisterSagarmala programme includes projects from various categories, such as modernisation of existing ports and terminals, new ports, terminals,...
Sagarmala project to boost GDP by 2 per cent: Ocean GroupThe Sagarmala project, a progamme aimed at economic development of the country through port-led activities, will boost the GDP by 2%, the c...
Sagarmala to save up to Rs 40000 crore per year in logistics by 2025An emphasis on coastal shipping to complement road and rail transport can lead to overall logistic cost savings.
Nod to Sagarmala Development Company with Rs 1,000 crore authorised share capitalSDC will be incorporated under the Companies Act, 2013, with an initial Authorized Share Capital of Rs 1,000 crore and a Subscribed Share C...
Government identifies 150 critical infrastructure projects under SagarmalaAs many as 13 states and union territories are involved in Sagarmala initiative which will be implemented across India's 7,500 km coastline.
Government roping in multilateral agencies for Rs 3.5 lakh crore Sagarmala projectSagarmala Development Company is also seeking the support of Asian Development Bank and other multilateral agencies for program loans.
Government to fast-track green clearances for Sagarmala projectThe government is embarking on the Sagarmala project aiming to trigger industrial development along the coastline and develop smart cities ...
Nitin Gadkari to chair Sagarmala apex committee meet on MondayThe maiden meeting tomorrow of the apex body of Sagarmala, an ambitious port-led development project along India's 7,500 km coastline, will...
Government plans transshipment port under Sagarmala projectThe plans were discussed at a high-level meeting to review Sagarmala initiatives, chaired by Road Transport & Highways and Shipping Ministe...
Narendra Modi to create special post in shipping ministry for Sagarmala projectNarendra Modi government is creating a new post in the shipping ministry to take charge of its ambitious Sagarmala project.
Sagarmala to have 12 smart cities, coastal eco zones: Nitin GadkariAt least 12 smart cities and several coastal economic zones will come up under the ambitious Sagarmala project, lifting GDP growth by 2 per...