India Announces ₹57,000 Crore Investment to Boost Kandla Port, Gujarat
India has unveiled an ambitious plan to invest over ₹57,000 crore (approximately $6.84 billion) to enhance the capacity and infrastructure of Kandla Port, located in Gujarat. This move aims to strengthen the port's status as a critical hub for maritime trade and logistics in the country.
The investment will focus on modernizing port facilities, expanding cargo handling capacity, and implementing advanced technology to improve operational efficiency. Kandla Port, one of India’s largest ports by cargo volume, plays a vital role in facilitating imports and exports, particularly for industries such as petroleum, chemicals, and agriculture.
The expansion is expected to boost Gujarat’s economy, generate employment opportunities, and align with the government’s vision of making India a global maritime leader. Additionally, it will enhance trade connectivity and contribute significantly to the nation’s overall economic growth.
This substantial investment underscores India’s commitment to infrastructure development and its efforts to support global trade partnerships.
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